First off…who is Mark Cuban? Unless you’ve been living under a rock…he is a billionaire, a minority owner of the Dallas Mavericks, star on the TV show Shark Tank, and a political/social advocate. He got his money start in the tech industry, became a millionaire when he sold that to Yahoo, bought the Dallas Mavericks in 2000, sold the majority ownership in that team in 2023 to add a couple more billions to his bank account.

Oh, and who did he sell the Mavericks to? A huge Las Vegas based gambling corporation. Through his involvement in the Shark Tank he is literally partners in 100+ companies. So yes, he is rich…very, very rich. You could easily identify him as a global rich elite member.

Now, “who” is he as it relates to my article?

In 2015 he said, “I want smaller government. I want smarter government. I disagree with Republicans on most social issues. I’ll sit in the middle and think for myself.” He also said, “Republicans are going to get crushed in the foreseeable future when it comes to Presidential elections.” He also heaped a whole lot of praise on Donald Trump and the possibility of Trump getting into the White House.

A few years later he went on to express his beliefs again; free-market economy, economic reform, more progressive tax system, a vocal advocate for racial and social justice, level the playing field, educational equity, a fair and inclusive society. Now answer me this…with the exception of “free-market economy,” what kind of political philosophy does that sound like to you?

Then in 2024 multi-billionaire Mark Cuban said “He would vote for Joe Biden over Donald Trump in the 2024 election.” And added, “If they were having his [Biden’s] last wake, and it was him [Biden] versus Trump, and he [Biden] was being given last rites, I would still vote for Joe Biden.”

Think through that for a minute…now what does your gut tell you about Mark Cuban?

Obviously you want to know what that has to do with me and this article…great question! And here is my answer…

On April 3rd, just a couple of days ago, Cuban was asked about Trump’s new trade policies and tariffs. Initially his one word response was “bullish”. But he wasn’t done. Kinda sounds like he supports Trump’s tariffs and trade policies, yes?

Cuban went on, responding, Trump’s ‘Liberation Day’ speech could spark renewed interest in Bitcoin and stablecoins. “I think it’s bullish for crypto,” Cuban specifically said. “When there is uncertainty about fiat globally, that’s bullish for BTC and USDC.”

BTC is ‘Bitcoin’ and USDC is ‘United States Digital Coin’. Both are cryptocurrency and Cuban is heavily involved/invested in cryptocurrency, and wholeheartedly supports the US federal government developing and issuing USDC. USDC is also known as “central bank digital currency” (CBDC). But that is a minor point to this. What is the main point?

Before I get to that, it is clear to me Cuban hates Trump and I mean hates everything about Trump politically. Cuban truly hates Trump’s trade policies, especially the ‘tariff wars’. But that isn’t the main point either.

Here’s the main point…Cuban freely admits that the US dollar is ‘fiat currency’. But it goes deeper…Cuban talks about the trade wars escalating globally. Okay…and????

Here you have one of the world’s richest men, speaking openly about the US dollar being fiat currency. Then you have him clearly speaking against Trump. Then you have him talking about global economic impact of the trade wars. And he is partners with a huge gambling corporation that controls tens and tens of billions of dollars…including billions in cash.

And if there was a global economic crisis/crash, what would many people want to have their money invested in if they don’t trust fiat currency?

There is also another aspect of this. What do you think about a billionaire, who people follow for investment advice, talking about a coming economic crisis on a global scale, and insinuating that cryptocurrency is a good investment? What happens to the price of crypto…does it go up or down when that crisis starts? And what does that mean for Cuban’s millions and millions of dollars already invested in crypto?

So I get a couple of things out of all of this:

1. Cuban knows that the US dollar, and all other major countries’ currency, is simply fiat currency. Essentially worthless in real terms.
2. Cuban derides/criticizes Trump’s policies very publicly and hints it will lead to a global economic problem.
3. Cuban is sitting on a pile of cash…in the billions.
4. Cuban is close partners with folks that are sitting on a pile of cash…in the tens of billions.
5. Cuban pushes the safety of cryptocurrency when he is heavily invested in cryptocurrency.
6. Cuban openly advocates for the USDC (United States Digital Coin) which is cryptocurrency.
7. Cuban hates Trump.
8. Does Cuban, based on his self-identified beliefs, sound like a socialist/communist global elitist?

Hear this…this is all pretty much my opinion of what I see…with all my bias and personal opinion showing through. But, to me, it begins to paint a pretty clear picture.

What question(s) or issues does it bring up in your head?

I know what I am thinking…and it ain’t pretty.

Oh, did I mention that Cuban last month told reporters that he believes that a recession is coming and small towns, especially Republican areas of the US, will be hardest hit?

Think about this as you give thought to this article…

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