Billionaire Mark Cuban Thinks Merge Could Prove Highly Bullish For ETH
August 25, 2022
American billionaire Mark Cuban explained why he is super bullish on Ethereum.
In an interview with Fortune, Mark Cuban said he sees energy usage as an important issue.
Ethereum network will shift from Proof of Work to Proof of Stake on September 15, effectively reducing energy usage.
“I think the applications to drive usage will be there,” Cuban said about Ethereum’s future.
Mark Cuban is a known Ethereum supporter. Earlier he had claimed himself to be an “Ethereum Maxi.”
However, Mark Cuban is not sure how it would affect Ethereum’s price in the long term
The Shark Tank investor still owns ETH, along with other cryptocurrencies including Bitcoin and the meme-inspired Dogecoin.
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