Cuban, a well-known tech billionaire and “Shark Tank” star, clearly thinks Trump is pushing a bad investment.
Mark Cuban slammed Donald Trump on Friday for promoting limited-edition silver coins, despite recently embracing bitcoin.
In a post on X, Cuban shared Trump's promotional video for the Official Trump Coins, where the ex-president described them as a “true symbol of American greatness.” The coins are selling for $100 each, far above the market price of silver.
"I guess he doesn't believe in BTC quite as much as the Maxis told him to," Cuban wrote, referencing Trump's recent embrace of bitcoin.
Cuban, a well-known tech billionaire and “Shark Tank” star, clearly thinks Trump is pushing a bad investment.
“He is selling the silver coins as a collectible that could increase in value … An investment,” Cuban said, questioning whether any serious bitcoin advocate would ever suggest buying a silver coin over bitcoin.
"Would you consider a person pushing this illiquid product, rather than [Bitcoin, Etherium], real estate or other liquid assets, someone you can trust for investment advice? Or more likely a con-man?" he wrote.
The Trump Coins, minted in the U.S. and stamped with Trump's image, are selling for $100, far above the market price of silver. Despite the official website claiming these coins aren't for investment purposes, Cuban isn't convinced. He sees it as a clear cash grab by Trump, especially as he faces mounting legal costs.
"Would you tell ANYONE you know to get business or investment advice from a person selling these coins?" Cuban asked bluntly.
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