After promoting merchandising discount with Bitcoin, Mark Cuban praises BTC’s monetary policy

It seems that the billionaire can’t quite define his position when it comes to Bitcoin.

During a Christmas upswing that has raised Bitcoin’s all-time high, a couple of recent tweets indicate that a former digital currency critic continues to make strides toward a full-blown hodler conversion: billionaire investor and Dallas Mavericks owner Mark Cuban.

The tweet came on December 23, when Cuban announced that fans who buy Mavericks equipment will receive a 25% discount when they use Crypto Investor to make their purchase. However, oddly enough, the report Cuban linked to said that those who buy equipment worth more than $150 using Bitcoin would receive a $25 gift card, and it didn’t mention a 25% discount:

Mark Cuban owns Bitcoin but prefers bananas

This gift card offer, as well as a broader Mavericks policy of accepting Bitcoin as payment for tickets, seems odd to some observers given Cuban’s history of denigrating assets. In early 2020, it dusted off an idea it first launched in September 2019: that it prefers bananas to Bitcoin as a commodity.

However, many have described the approach to Bitcoin’s virtues as a store of value as a process rather than an event, and Cuban seems to be taking the necessary steps.

In a tweet today, Cuban seemed to praise Bitcoin’s programmatic monetary policy, saying that publicly traded companies would do well to restrict inflation in their shares:

Why have Bitcoin’s critics been so quiet in 2020?

It’s a positive commentary that’s part of a continuing shift that has led to Cuban being placed on the Cointelegraph list of Bitcoin critics who have withered away in 2020.

Still, hodlers should be careful about welcoming another member to their ranks. As he advances on his journey to the big money, Cuban has expressed disdain for what he believes is „religious“ fanaticism among forks waiting for an apocalyptic scenario, and in another tweet this week, it’s a topic he seemed to talk about, pretending to be one of the faithful: