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Former President Trump Described Cryptocurrency As "A Disaster Waiting To Happen"

Mary Liu

Summary: During a Fox Business interview Tuesday, former US President Donald Trump was asked about his views on the health of the financial market, the progress of the current government, and the feeling about Bitcoin and cryptocurrency markets.  The host asked: "Do you have a dabble in Bitcoin or cryptocurrency?"  Trump said: "No, I don't. I ...

During a Fox Business interview Tuesday, former US President Donald Trump was asked about his views on the health of the financial market, the progress of the current government, and the feeling about Bitcoin and cryptocurrency markets. 

The host asked: "Do you have a dabble in Bitcoin or cryptocurrency?" 

Trump said: "No, I don't. I like the currency of the United State, I think others are potential disasters waiting to happen we should invest in our currency...They may be fake. Who knows what they are? They [cryptocurrencies] are certainly something that people don’t know very much about.”

He also talked about protecting the sovereignty of the U.S. dollar as the top priority. 

According to Bitpush data, at the time of writing, Bitcoin has fallen by 2.14%, Ethereum has risen by 6.30%, and ADA has fallen by 1.1%.

By Mary Liu

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