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Billionaire Mark Cuban has a blunt response to Trump's $499 golden phone
Billionaire Mark Cuban has a blunt response to Trump's $499 golden phone originally appeared on TheStreet.
Billionaire entrepreneur Mark Cuban is sharing what he thinks is the "smart game" being played by Trump-affiliated crypto ventures — and he's not holding back.
In a post on X on June 17, Cuban suggested that the developers of Trump-connected digital assets may be considering building a crypto wallet right into phones.
Cuban believes the wallet could work off of World Liberty Financial, $TRUMP tokens, and various other Trump-linked ventures such as stablecoins. He considers that the intention is to create a transactional ecosystem that could passively collect user fees while also functioning as an easy way to preload and sell products.
"I think the smart game they are probably playing is to put a crypto wallet on the phone that leverages WLF, $Trump, and their stablecoins," said Cuban.
"Whatever transactions they can create generate fees for them, and there are so many ways to sell things and pre-load whatever they want," he wrote.
Cuban was replying to a tweet by an X user Gary Koepnick, who stated, "I will never understand how 25% of the population cannot see him for what he is."
Cuban is commenting on the recent launch of a Trump Mobile, a new wireless cell phone service from Donald Trump. Customers can keep their current phones or switch to new ones. The service that captures attention is a forthcoming "T1 Phone" made in the USA, available in gold color, and set to ship in August, as announced.
Cuban suggests that the T1 Phone may serve as a "crypto wallet" with $TRUMP, WLF, and stablecoins as possible tokens. This could lead to a profitable ecosystem through embedded transactions and pre-loaded services.
The crypto market has not reacted well to the idea of a Trump Phone. As of June 17, the official Trump meme coin, associated with President Donald Trump, is trading at $9.61, down by nearly 5% at press time.
Billionaire Mark Cuban has a blunt response to Trump's $499 golden phone first appeared on TheStreet on Jun 17, 2025
This story was originally reported by TheStreet on Jun 17, 2025, where it first appeared.
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