Billionaire investor Mark Cuban is disappointed with bitcoin, saying it has failed to serve as a hedge.

According to ChainCatcher, Cuban stated: “Every time the US dollar falls, Bitcoin should go up... but it just doesn’t.” He expressed disappointment with Bitcoin, but maintained a relatively positive attitude toward Ethereum, and referred to most other cryptocurrencies as “junk.” Previously, Cuban publicly stated that about 60% of his crypto portfolio is Bitcoin, which he has held for the long term without selling.