While speaking during an interview with Fox Business, the Famous billionaire Mark Cuban says that consumers now prefer making payments in Dogecoin (DOGE) than Bitcoin (BTC).
More so, during the interview with Fox Business, Cuban notes that his customers at all his ventures has Preference for Dogecoin. Meanwhile, Goes ahead to note that this because Bitcoin is an asset that can gain value quickly.
“Not a lot of people pay in Bitcoin because it’s really an appreciable asset…”
“…It’s a stored value and they want it to go up in value, so you won’t see…”
“…people pay in it. But a lot of people pay in Dogecoin.”
Furthermore, Cuban is owner of the Dallas Mavericks professional basketball team. Notably, He says also when buying Tickets and Merchandise, that fans prefer using Dogecoin over BTC. However, the ball club accepts both cryptos as payment options on their website. Cuban goes on to say he’s predicting seeing thisntrend in the upcoming NBA season.
“We sell thousands and thousands of dollars per month during the offseason,…”
“…and once the season starts, I expect that to happen per week in DOGE…”
“And that’s really because it’s easy to spend and it…”
“doesn’t appreciate so much that people want to hold it forever.”
Conclusively, Cuban always give credits to Dogecoin, calling it the “strongest” cryptocurrency on the market for making payments.
Currently, DOGE is trading at around $0.24 at time of writing while BTC is trading at $53,922 according to information from CoinGecko.
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