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Mark Cuban schools gold bug Peter Schiff, calls the yellow metal “dead”

Replying to a tweet from Schiff accusing early Bitcoin investors of pumping and dumping the digital asset, Cuban said that gold is a dying store of value compared to emerging technologies like Bitcoin and Ethereum.

Schiff took a swipe at Wall Street investors calling them “dumb enough” to buy into Bitcoin and the crypto frenzy. Cuban, on the other hand, was willing to explain the charm behind the emerging crypto craze. Cuban wrote:

While Cuban may not be as vocal as Musk or Michael Saylor of MicroStrategy, the billionaire appears to be a firm believer in Bitcoin and Ethereum. As reported by BTC PEERS, Cuban acknowledged that the crypto industry might turn out to be a bubble, but Bitcoin and Ethereum would likely survive.

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Source: Cryptocurrency - investing.com

Fed's Powell pledges patience, says easy policy appropriate

Kroger CEO says he expects normal levels of food inflation in 2021 but that prices may be volatile