Mark Cuban Says He Will Run for President When Bitcoin Does This
One of the famed investors on “Shark Tank” and “Dallas Mavericks” owner, Mark Cuban, has said this week that he plans to run for the office of president if Bitcoin does one certain thing.
According to Cuban, if Bitcoin hits $1 million, that’s when he will run for presidency of the United States.
Cuban tweeted this week, “I’ll run if BTC gets to $1m AND we can get commitments to
donate 350 BTC to the Treasury each of the 4 yrs so that we can give 1 satoshi to every citizen each yr, that they must hold for 10 years. How’s that sound :)”
In another tweet, Cuban decried the current system and described it as “broken.”
He also retweeted a tweet by “SPACK King” and Virgin Galactic Chairman Chamath
Palihapitya that read, “There will be a viable third political party in the US by 2030. Centrist, pragmatic and cuts through the bullshit. The current system is so broken, you can only support it through a combination of willful blindness and stupidity.”
On the last day of 2020, Palihapitiya had said he would buy the Hamptons and convert it to sleepaway camps for kids, working farms, and low-cost housing should BTC hit $150,000.
Bitcoin has recently hit over $35,000, touching an all-time high of $35,587.66 on Tuesday.
According to JPMorgan analysts, Bitcoin could reach 6,000 levels in the long term should private sector investments into the cryptocurrency match those in gold.