Former U.S. President Donald Trump Says He Doesn't Like Bitcoin Because It Co...
Former U.S. President Donald Trump told Fox Business that he doesn't like bitcoin because it competes with the dollar.Former U.S. President Donald Trump told Fox Business that he doesn't like Bitcoin because he sees it as a competitor to the dollar."Bitcoin just seems like a scam," said Trump in the interview. "I don't like it because it's another currency competing against the dollar. Essentially, it’s a currency competing against the dollar. I want the dollar to be the currency of the world."With his comments, Trump showed his understanding of bitcoin for what it is –– a currency that....
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Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.”
Trump Is Still No Fan of Bitcoin or Crypto
Donald Trump talked about cryptocurrency in an interview with Fox Business Tuesday. Responding to a question about whether he has dabbled in bitcoin or cryptos, Trump promptly said: “I don’t. I like the currency of the United States.” He elaborated:
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