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Mark Cuban once said Bitcoin has more value than gold, he just sold most of it

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Bibhu
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Aug 12, 2026 6:37 PM

Bitcoin has officially failed the ultimate test as a "better version of gold." When global tensions with Iran escalated, gold skyrocketed while Bitcoin collapsed, proving it is not the safe-haven asset many claim it to be. If Bitcoin can’t rise when the dollar weakens and war breaks out, it has fundamentally lost the plot and offers no real protection against chaos. Gold outperformed it by 100% when it mattered most. Is the dream of Bitcoin as a digital hedge officially dead?
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When Cuban called Bitcoin a better version of gold in January 2025, he was not guessing. He owned it, 60 percent of his entire crypto portfolio. Eighteen months later he sold most of it. Gold is what changed his mind.
www.thestreet.comMark Cuban once said Bitcoin has more value than gold, he just sold most of itWhen Cuban called Bitcoin a better version of gold in January 2025, he was not guessing. He owned it, 60 percent of his entire crypto portfolio. Eighteen months later he sold most of it. Gold is what changed his mind.
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