Mark Cuban Criticizes Trump’s Coin Push – Is This A Con Or An Investment?

Mark Cuban did not maintain again when he noticed Donald Trump selling limited-edition silver cash. In a put up on X, Cuban shared Trump’s promotional video for the Official Trump Cash, the place the ex-president described them as a “true image of American greatness.” Cuban wasn’t shopping for it. “I assume he would not imagine in BTC fairly as a lot because the Maxis instructed him to,” Cuban wrote, referencing Trump’s latest embrace of bitcoin.

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Cuban, a widely known tech billionaire and “Shark Tank” star, clearly thinks Trump is pushing a foul funding. “He’s promoting the silver cash as a collectible that might enhance in worth … An funding,” Cuban mentioned, questioning whether or not any severe bitcoin advocate would ever recommend shopping for a silver coin over bitcoin. 

“Would you contemplate an individual pushing this illiquid product, slightly than [Bitcoin, Etherium], actual property or different liquid property, somebody you may belief for funding recommendation? Or extra seemingly a con-man?” he wrote.

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The Trump Cash, minted within the U.S. and stamped with Trump’s picture, are promoting for $100, far above the market worth of silver. Regardless of the official web site claiming these cash aren’t for funding functions, Cuban is not satisfied. He sees it as a transparent money seize by Trump, particularly as he faces mounting authorized prices. “Would you inform ANYONE you already know to get enterprise or funding recommendation from an individual promoting these cash?” Cuban requested bluntly.

The Trump Cash incident has sparked an even bigger debate about whether or not it is proper to promote collectibles as investments. Silver’s been a go-to for security, however guys like Cuban and Warren Buffett aren’t impressed. They’d slightly see cash go into one thing that grows, like companies that make earnings.

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The oldsters behind the Trump Cash say these aren’t political or funding items, simply cool collectibles. “The cash are usually not political and don’t have anything to do with any political marketing campaign,” the web site reads. Nevertheless, the web site’s biography on X says the corporate is an “official associate of the Trump Group.” The cash include a certificates and a customized bag. However Cuban’s not shopping for it. He thinks it is one other technique to money in on Trump’s fan base.

Cuban hasn’t held again on his opinions about Trump lately, calling him “unethical” and “dishonest.” In Cuban’s eyes, this coin controversy is simply extra proof that Trump is not the man to belief together with your cash. He is even backing Vice President Kamala Harris, slamming Trump’s tariffs as dangerous information for American companies.

The underside line? Cuban’s recommendation is straightforward: Do not fall for flashy silver cash; persist with smarter investments.

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