The owner of the Dallas Mavericks basketball team, Mark Cuban, spoke of the launch of a coin similar to $ Trump. However, Cuba claims that all profits will be used to reimburse the American national debt, which currently amounts to more than $ 36,000 billion.
The billionaire of technology published on X on January 20, 2025 his idea of the same corner as a means of playing but also of “reducing American debt”. The star of the Shark Tank economic reality TV show said that the Trump and Melania tokens were harmful to the cryptography industry.
If the memes parts are the solution, I may emit one. With a touch of originality. Same terms as $ Asset . 20% floating. Same outing calendar. A difference.
All income from the sale of documents go to the US Treasury. The portfolio address will be published so that everyone can follow it.
If…
– Mark Cuban (@mcuban) January 20, 2025
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A technology tycoon flirts with the idea of creating a currency to reduce debt by 36,000 billion US dollars
He continued by saying that if he launched a single coin, the profits would be used to help repay the constantly increasing national debt.
“If the memes pieces are the solution, I may emit one,” said Cuban on X this week. He continued by saying that his idea would have the same conditions and the same exit calendar as Trump’s play, but with a significant difference.
“All income from the sale of documents go to the US Treasury,” he said. “If you want to play, play. But at least use it to reduce American debt.
We do not know if Cuba really wants to create his own digital active asset. After his publications on social networks, Cuban responded to the comment of an X user by “of course I will not do it”, with regard to the launch of a coin.
The technology magnate has long defended cryptography as a disruptive technology, stressing the need to focus on technology such as intelligent contracts rather than chip prices.
Cuban essentially described the president’s play of “scam”
Mark Cuban is a Shark Tank investor and a minority owner of the Dallas Mavericks basketball team. He won his fortune by selling his startup Broadcast.com in Yahoo during the Internet bubble.
During the presidential campaign, Cuban was a fervent supporter of Kamala Harris while being a fierce critic of Trump, the two men regularly exchanging jibes.
Cuban has published on X that the memes Trump and Melania pieces harm the cryptocurrency industry.
“If you want cryptography to develop and establish a value and utility that really benefit the issuer and the buyer, then the last thing you want to see, they are shitty pieces emitted by Flotus and Potus” said the billionaire.
In a response to a comment on his article on the coin, Cuban shot the Trump token, essentially calling it a scam. “Everyone benefits from a reduced debt,” he said at a speaker, before telling another: “If it’s a scam. Make it a scam that benefits all Americans.
Over the past twenty years, the American national debt has almost tripled to reach the record figure of $ 36,000 billion. In a post-Cavid world, interest rates have also climbed, leading to a significant increase in annual interest payments by the federal government, which exceeds $ 1,000 billion.
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The message Mark Cuban reflects on the creation of a meme room similar to the Trump part with the product of the payment of the American national debt appears first on 99Bitcoins.