Donald Trump is back on twitter and said that he is not a fan of Bitcoin and other Cryptocurrencies which are not real money, and whose value is highly volatile and based on thin air.
“Crypto assets can facilitate unlawful behavior, including drug trade and other illegal activity….similarly, Facebook libra’s “virtual currency” will have little standing or dependability. If facebook and other companies want to become a bank, they must seek a new banking charter and become subject to all banking regulations, just like other banks, both national…and international.
We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the world, and it will always stay that way. It is called the united states dollar!”
Bitcoin ignored Donald Trump tweets and is trading at 11,440 with market capitalization at 203.7 billion.Don’t miss a beat! Follow us on Twitter.