Donald Trump doesn’t like bitcoin or cryptocurrency – at all

President Donald Trump railed against cryptocurrencies and specifically called out Bitcoin and Libra, Facebook’s new cryptocurrency that is backed by companies including Uber and Mastercard.

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air,” Trump tweeted Thursday. “Unregulated 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,” Trump added. “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.”

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Original of the video here

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COMMENTS (4)

  • comment-avatar
    tsarcincape1978 July 14, 2019

    Thank you

  • comment-avatar
    lungfrenidar1977 July 14, 2019

    Wow!

  • comment-avatar
    potiwickbo1985 July 15, 2019

    Super nice.

  • comment-avatar
    versoftrali1985 July 15, 2019

    Thank you for this video!