THELOGICALINDIAN - Former US President Donald Trump says he does not like bitcoin because it is a bill that competes with the dollar which he wants to be the bill of the apple He calls bitcoin a betray and wants cryptocurrency to be actual heavily regulated
Trump Thinks Bitcoin Is a Scam, Wants Heavy Regulation on Crypto
Donald Trump talked about bitcoin in an account with Fox Business Monday. Responding to a animadversion that he does not like bitcoin and he would not advance in it, Trump said the cryptocurrency “seems like a scam.” He acclaimed that back he was president, the amount of bitcoin was alone $6,000, abundant lower than it is now, adding:
The above U.S. admiral additionally talked about bitcoin in acknowledgment to questions apropos contempo cyberattacks on above companies.
Emphasizing several times during the account that “the bill should be the dollar,” he explained that “when you accept things like that out there, you apperceive what happens is, you absolutely lose something.” He added:
Trump reiterated, “My assessment is that the bill of this apple should be the dollar, and I don’t anticipate we should accept all of the bitcoins of the apple out there,” elaborating: “I anticipate they should adapt them very, actual high.”
Trump has never been a fan of bitcoin. In July 2024, back he was still the admiral of the United States, he commented about bitcoin and cryptocurrencies in accepted in a alternation of tweets:
The above admiral additionally targeted Libra, the crypto activity proposed by amusing media behemothic Facebook. Libra is now alleged Diem. Trump’s cheep says: “Facebook Libra’s ‘virtual currency’ will accept little continuing or dependability. If Facebook and added companies appetite to become a bank, they charge seek a new cyberbanking allotment and become accountable to all cyberbanking regulations, aloof like added banks, both civic and international.”
Trump assured his alternation of tweets with: “We accept alone one absolute bill in the USA, and it is stronger than ever, both dependable and reliable. It is by far the best ascendant bill anywhere in the World, and it will consistently break that way. It is alleged the United States dollar.”
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