American billionaire Dallas Mavericks owner Mark Cuban stood up for bitcoin by questioning the possibility of investing in gold.

“I want Bitcoin to go down a lot further so I can buy some more,” Cuban said in an appearance on comedian Bill Maher’s “Club Random” podcast.

Investing in gold doesn't usually mean you own real gold, he said. “Gold is a store of value and so is Bitcoin," he said, after Maher suggested the comparison. “If everything went to hell in a hand basket and you had a gold bar you know what would happen? Someone would beat the fuck out of you or kill you and take your gold bar. It’s useless.” 

Mark Mobius, the billionaire co-founder of Mobius Capital Partners, recently predicted that bitcoin would fall to $10,000 next year from $16,800 today. He was right about it falling to $20,000 this year.