Billionaire Mark Cubin, who is of the most outspoken critics of Bitcoin (BTC) has admitted Bitcoin could be a reliability as a financial instrument and asset.

In his conversation with Forbes published on December 10th, Mark Cuban appeared to contradict his previous statements on Bitcoin’s overall uses.

Forbes asked Mark whether in his opinion, the cryptocurrency could become a “reliable financiainstrument,”. To this Mark, the Dallas Mavericks owner, gave two differing responses. “Not a chance,” he stated at first. Followed by adding, “It is a collectible. He admitted that there is a market for Bitcoin for those who collect assets of value. Continuing, by stating that if you consider art or gold a viable stable financial asset, then yes. Bitcoin can be.”

Fiat fails to comfort Bitcoin deniers

Cuban complained that the difficulty in understanding how Bitcoin works put off investors to BTC. Another example of this occurred last year. Infamous Bitcoin nonbeliever Jamie Dimon, CEO of JPMorgan, told a reporter that he was “not a skeptic” of Bitcoin, when he pushed to explain his previous claim Bitcoin was a fraud.

Cuban appeared to put Bitcoin and gold on different footing than fiat currency. Something which Bitcoin supporters conversely deny.

Others heavily support Bitcoin

Despite negative sentiments, figures such as Saifedean Ammous, author of “The Bitcoin Standard,” argue that it is Bitcoin’s limited supply is among its biggest assets. Unlike fiat currencies which face unlimited inflation in supply and manipulation. And this destroys value for those who hold or “collect” these national currencies.

Cuban has a long history of bad mouthing Bitcoin. Back in September he suggested that he would rather invest in bananas over Bitcoin holdings.

