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21 June 2021

Donald Trump Is No Fan of Bitcoin | Live Bitcoin News

Donald Trump Is No Fan of Bitcoin | Live Bitcoin News

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In a recent interview, Trump took aim at bitcoin, the world’s number one digital currency by market cap, calling it a “scam” and saying that it was a threat to the U.S.

He first criticized bitcoin two years ago, claiming that cryptocurrencies had no value and that their prices were “based on thin air.” In other words, there was nothing in existence to make crypto legitimate currencies, and thus he was not crazy about their existence, feeling they could potentially lead to “illicit or unlawful behavior.”.

He stated that bitcoin could be a threat to other currencies, claiming:.

However, he says that there are far too many people taking unnecessary chances and that they need to educate themselves on the risks of crypto before jumping in headfirst

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