The American billionaire entrepreneur and television personality, Mark Cuban, has waged a bet with Creative Planning’s founder Peter Mallouk over the performance of cryptocurrencies versus the S&P 500.
“So many people are going to lose so much money listening to this.
We write the contract to pay you if the increase in the S&P 500 is higher at the end date than the increase in YOUR choice of BTC or ETH.
Over the next 10 years, I’ll take the SP 500 return against any group of stocks you want to pick and feel very good about it.
“Then we can move onto the next thing we disagreed on,” the Creative Planning founder added.
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A proponent of the cryptocurrency, Culkin said, “I believe we are in the beginning stage of bitcoin’s shift away from being extremely …