Connect with us

Hi, what are you looking for?

Jewish Business News

The A-List

Mark Cuban Down on Cryptos – Again

Mark Cuban Low Cost Drug Company

Mark Cuban Low Cost Drug Company

Mark Cuban is expressing negative feelings about Cryptos – also known as blockchain. Some people just can’t seem to make up their minds about some things and Cuban keeps going back and forth on the issue. But you certainly don’t get to be a self-made billionaire by being indecisive.

Now, the man who even pushed for his NBA team the Dallas Mavericks to accept payments in Cryptos and started his own crypto-currency is sounding down on them again.

In an interview with “The Street” the other day Mark Cuban said, “I think the next possible implosion is the discovery and removal of wash trades on central exchanges. There are supposedly tens of millions of dollars in trades and liquidity for tokens that have very little utilization. I don’t see how they can be that liquid.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

And it was just a few months ago that Mark Cuban sounded more bullish on Cryptos. “With crypto, it’s very analogous to that,” he said in October. “We’re in the early ‘hassle’ phases. Now the very earliest of crypto – however you want to decide the beginning, with Bitcoin or whatever – has been around 12 years. But in terms of applications with smart contracts, that’s only 2017 for the most part. And so we’re really only five years in.”

And Mark Cuban seems to like the kids of Generation Z saying, “I love what I’m seeing from GenZ. Their life experiences have been unique. Crazy politics, pandemic, financial boom/bust, shootings everywhere around them , huge protests, social media, real time video, now AI, have led them to innovate and strive to help each other first.”

In other Mark Cuban news, the Mark Cuban Cost Plus Drugs Company has added 10 new drugs to its offerings including, Linezolid (Generic for Zyvox), 60 600mg Tablets for $61.80, Flecainide Acetate (Generic for Tambocor) and 60 50mg Tablets for $9.60.

Founded in 2016 and based in Dallas, The Mark Cuban Cost Plus Drug Company declares that it is dedicated to producing low-cost versions of high-cost generic drugs. It pledges to provide radical transparency in how the company prices its drugs and that it will let everyone know what it costs to manufacture, distribute, and market their drugs to pharmacies.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...