Express
President Donald Trump Takes on Cryptocurrency
Summary: In a recent tweet from July 11, 2019, President Donald Trump shares his stance regarding cryptocurrency: “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. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity. ...
In a recent tweet from July 11, 2019, President Donald Trump shares his stance regarding cryptocurrency:
“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. 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. 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!”
Author: Sofia Cabrera
Tags: Bitcoin,Cryptocurrency,President Donald Trump,Twitter,United States Dollar,USA
Link: President Donald Trump Takes on Cryptocurrency [Copy]
