Mark Cuban: Inflation printing could make Bitcoin a global reserve

• inflation pressure and geopolitical uncertainty could make Bitcoin a global reserve currency, explains Cuban
• The billionaire believes that Trump's lower tax rates and tariffs could drive up the Bitcoin price
• Elon Musk wants to support Trump's presidential candidacy with $ 45 million a month

The US billionaire Mark Cuban believes that Bitcoin could become a global reserve currency by combining inflation pressure and geopolitical uncertainty.

In an interview with X, the billionaire indicated that the support of Silicon Valley for former President Donald Trump was a "Bitcoin game" to raise the Bitcoin award. Cuban, who supports Joe Biden in his re-election, explained that lower tax rates and tariffs under Trump could drive up the Bitcoin price.

"If you combine this with the global uncertainty regarding the geopolitical role of the USA and the effects on the US dollar as a reserve currency, the stars can not be better aligned for acceleration of the BTC price", Cuban wrote .

he added that this would facilitate the operation of a crypto business due to the inevitable and necessary changes to the US stock exchange supervisory authority (SEC).

how high?

When asked how high the Bitcoin course can increase, Cuban did not give a number, but wrote "much higher than you think", and added that this was due to Bitcoin's global status, the upper limit of 21 million Bitcoin and the fact that the currency could be dismantled.

From Cuban's point of view, Bitcoin could become a safe harbor because many countries fall back on Bitcoin to protect their savings if the geopolitical uncertainty continues and the dollar loses value as a reserve currency.

He only indicated the possibility, but did not say that it would actually happen. However, he added that this had already happened in countries that were confronted with hyperinflation.

After Trump's injury during an assassination attempt at an election campaign in Pennsylvania, Musk officially supported the former GOP president by saying that he is planning,

In March, billionaire Elon Musk announced that he would not vote for the Democratic Party in November. The Tech-Mogul, which, in addition to X also belongs to Tesla and SpaceX, Write I have chosen 100 % now. Red wave, otherwise America is at the end. ”