Key Points Raw computing power could become the next Bitcoin, according to billionaire Mark Cuban. Both Bitcoin and computing power are characterized by scarcity, which creates the potential for outsize returns. Unlike raw computing power, Bitcoin is uncorrelated with any major asset class, making it a unique portfolio diversifier. 10 stocks we like better than Bitcoin › In May, billionaire investor Mark Cuban sold off nearly all his Bitcoin (CRYPTO: BTC) , declaring that it had failed as a hedge against inflation. At the time, Bitcoin was down approximately 40% from its all-time high of $126,000 in October. Now Cuban's back with another bold statement about crypto : "Chips as an asset class will be the new crypto.
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