![](\"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/da85612f-90e9-435c-8362-1a8b77a1d6de.png\")
<\/p>\nThe billionaire who once said he prefers bananas to Bitcoin is now tossing around crypto terms on social media like an experienced HODLer.<\/p>\n
In Twitter threads that were likely precipitated by his recent comments comparing crypto to the internet stock bubble of the late 1990s, Mark Cuban interacted with several high-profile crypto figures including Gemini co-founder Tyler Winklevoss, Gokhshtein Media founder David Gokhshtein, Tron CEO Justin Sun and others. The Dallas Mavericks owner discussed the issues surrounding supply and demand, the costs of moving crypto, and decentralized finance, or DeFi. <\/p>\n
He debated Winklevoss over the nature of Bitcoin (BTC) and Ether (ETH), with the Gemini co-founder referring to the cryptocurrencies as networks, not assets like stocks. Cuban argued that the digital assets \u201ctrade more based off the narratives of sellers and supply and demand than any intrinsic value\u201d and require users to convert the tokens to fiat to realize that value. <\/p>\n
\u201cMy only mistake on Bitcoin in particular was underestimating your ability,\u201d said Cuban, referring to Winklevoss. \u201cYou get credit for this, to create a narrative and generate demand for it. You are the King of Get Long and Get Loud for BTC and that’s not a bad thing.\u201d<\/p>\n
In addition, the Mavericks owner admitted to HODLing some crypto \u201cfrom the early days of Coinbase,\u201d seemingly around 2012 when the exchange was founded. This statement is somewhat at odds with one he made in 2019 after the Mavericks offered basketball fans the opportunity to pay for merchandise and tickets in BTC. At the time, Cuban estimated that the sales brought in $130, saying that was \u201call of the Bitcoin\u201d he owned.<\/p>\n
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The billionaire has been more outspoken about crypto and blockchain this year, around the same time Bitcoin was in the middle of a price rally leading it to an all-time high of more than $42,000. Last Tuesday, Cuban said \u2014 seemingly as a joke \u2014 that he will\u00a0run for president of the United States if the price of Bitcoin reaches $1 million and officials agree to distribute the crypto asset to all American citizens.<\/p>\n
Though the price of Bitcoin is more than $35,000 at the time of publication, Cuban’s statement gives the crypto asset around three years to rise roughly 3,000%. While such a feat is theoretically possible, it is probably unlikely.\u00a0<\/p>\n