Mark Cuban defends bitcoin as the cryptocurrency crashes, arguing it's a better store of value than gold

Dallas Mavericks owner Mark Cuban is a bitcoin bull.
Wilfredo Lee/AP Photo
Mark Cuban has defended bitcoin's status as a hedge against inflation, amid a price crash.
The Dallas Mavericks owner said it is easy to transfer, trade and convert, compared with gold.
Yet Cuban's view is controversial, and bitcoin has tumbled as inflation has shot higher.
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Billionaire investor Mark Cuban has defended bitcoin's reputation as a digi