When it comes to his opinions on cryptocurrencies, Mark Cuban is on a bit of an opposing side. He personally believes in cryptocurrencies, and he even owns one himself, which he also calls “Hail, Mary.”

In a question and answer session about Cubans, he also said that when it comes to cryptocurrencies as a whole, “I don’t like speculation, but I like it when it has utility.”

Essentially, Cubans believe in specific cryptocurrencies. That’s what they believe. He believes that although it will be widely used in the real world in the future, it is disliked by speculators looking to make a quick buck, and many of them will lose their money. There is.

As he told John Reed Stark, founder of the SEC’s Internet Enforcement Division, in an exchange on
X, “90% of blockchain companies will fail.” 99% of tokens break. Same as 99% of early internet companies. 99% of startups that use [large-scale language models] will disappear. But the winner will be a game changer. That’s how technology works.”