According to billionaire Mark Cuban, Bitcoin has a key advantage over other assets due to its steadily decreasing supply and increasing demand.
He has consistently advocated for the US government to legitimize cryptocurrency. In a recent statement, he highlighted that there will only ever be 21 million Bitcoins in existence. Cuban also predicts a rise in demand for Ether, the second largest digital currency.
The billionaire emphasized that with more individuals investing in Bitcoin and fewer selling, the cryptocurrency’s value will continue to rise, which is why he personally invests in it.
He believes that the demand for Bitcoin will surpass the number of sellers in the market.
