Mark Cuban spoke with CNBC’s Diedre Bosa about Facebook’s cryptocurrency ambitions and he did not mince words when it comes to Libra. He cleared states that Facebook is making a “big mistake” getting involved with digital currency.
He went on to say “I’m not a big fan of what they’re doing there. I think it’s a big mistake, not so much because what will happen here in the United States but will happen globally. There’s gonna be some despot in some some African country that gets really upset that their currents, that they can’t control their currency anymore, and that’s where real problems start to happen. So I’m not a big fan of what they’re doing. I think they’re they’re way ahead of their skis on that, but it’s only in the talking stage right now, so we’ll see what happens.”
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