American businessman and billionaire-investor Mark Cuban in a recent interview with CNBC has criticized Facebook's stablecoin Libra by calling it "a big mistake."
Back in 2017, Mark Cuban was one of the first billionaires who invested in a crypto venture fund. In addition, an NBA team Sacramento Kings was even mining ether in order to support the charity initiative called MiningForGood.
"I’m not a big fan of what they’re doing there. I think it’s a big mistake," said Cuban.
Cuban pointed out thank in a global perspective there're many countries where there isn’t a lot of rule of law, and, therefore, it [Libra] could be dangerous.
Previously iHodl reported that the President of the United States Donald Trump said he isn't a fan of bitcoin and other cryptocurrencies, which are not money, and whose value "is highly volatile and based on thin air."
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