Mark Cuban replies to Elon Musk: His team will continue to accept Bitcoin


Mark Cuban took to Twitter to share his thoughts on Bitcoin after Elon Musk dropped the cryptocurrency’s shares after announcing that Tesla would no longer accept the coin as a payment option.

Cuban, owner of the Dallas Mavericks, said that despite Musk’s opinion, the Mavs would continue to accept Bitcoin (as well as other cryptocurrencies, Ether and Dogecoin) as payment.

Mark Cuban replies to Elon Musk: His team will continue to accept Bitcoin
Mark Cuban replies to Elon Musk: His team will continue to accept Bitcoin

“We know that replacing gold as a store of value helps the environment,” wrote the Cuban. “And reducing the use of big banks and currencies will benefit society and the environment.”

Cuban linked to two separate articles examining bitcoin mining energy use and its need and renewal.

Twitter users were less than enthusiastic about Kuban’s comment. A tweeter even described the billionaire’s statement as “nonsensical”.

Bitcoin fell nearly 10 percent in the early afternoon on Thursday.

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