Mark Cuban: DeFi and NFTs Hold Huge Potential for the Next Decade

Billionaire Mark Cuban, during an AMA session on r/WallStreetBets stated that the decentralized finance and non-fungible token (NFT) sectors could become incredibly popular in the cryptocurrency markets over the next decade.

Cuban also criticised the US Securities and Exchange Commission (SEC), shared a few pieces of advice, and thanked community members for their persistence in standing up to Wall Street.

According to him, the regulator was created “by lawyers for lawyers” to win cases rather than to make sound decisions. Cuban is convinced the regulator is concerned only with large investors.

The billionaire urged people who are in the red to believe in their assets. As an example, he cited Bitcoin holders who bought digital gold at the 2017 peak and watched its steep decline. Hodlers did not sell the asset because they believed in it.

In conclusion, Cuban thanked everyone for their questions and for resisting the bearish stock-market whales. He also Robinhood\’s actions toward retail investors.

The investor tweeted that, between a lottery ticket and Dogecoin, he would choose the latter. But he declined to compare the digital asset with anything else.

If I had to choose between buying a lottery ticket and #Dogecoin …..I would buy #Dogecoin. But please dont ask me to choose between it and anything else 😁😁😁 https://t.co/BXwqHnq9IZ

— Mark Cuban (@mcuban) February 4, 2021

Last week, the r/Bitcoin reached 2.2 million subscribers.

User interest in the crypto market drove up GameStop shares in the r/WallStreetBets war against Wall Street and the Dogecoin pump.

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