Mark Cuban, the billionaire entrepreneur, thinks Kamala Harris could be a game-changer for crypto and AI. The current Vice President might take a friendlier stance on these sectors if elected President, he reckons.
Politico's latest report dishes the dirt on Cuban's views. The Shark Tank star believes Harris could shake things up in Washington.
"She'll be far more open to business, AI, crypto and government as a service," Cuban says. He's quick to add it's not confirmed by the VP herself. "Changing the policies changes the message and lets everyone know she is in charge and open, literally, for business."
Harris might face off against Donald Trump in November. The former president is seen as crypto-friendly.
Biden threw in the towel on his re-election bid last Sunday.
Cuban's been running his mouth about Trump too. He thinks Bitcoin will go through the roof if Trump wins again.
Why? Cuban says Trump will make it easier to run crypto businesses in the US. He reckons changes at the SEC are "inevitable and required" under Trump.
But that's not all. Cuban sees other factors driving Bitcoin higher under Trump.
"What will drive the price of BTC is lower tax rates and tariffs," he says. Cuban thinks this could stoke inflation, based on past experience.
He also points to global uncertainty about America's role on the world stage. This could impact the dollar's status as a reserve currency.
"You can't align the stars any better for a BTC price acceleration," Cuban declares.
It's worth noting Cuban's not psychic. His predictions are just that – predictions. But his views offer a glimpse into how big players see the crypto landscape shaping up under different political scenarios.