Billionaire and prominent television celebrity, Mark Cuban, highlighted a host of cryptocurrency benefits in response to a supposed critic of the asset class. What Happened: James Love, Director of an NGO Knowledge Ecology International, posed a sardonic question on the utility of cryptocurrencies to Cuban. He asked, “Other than speculation, avoiding taxes and engaging in criminal activity, what is the utility of crypto?” Cuban detailed various benefits of digital assets, including minimal transaction fees, easily accessible credit, and insulation against theft. “For crypto: lower cost of capi…
