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Former US President Donald Trump has once again repeated his negative view on Bitcoin in a June 7 interview.
In a phone interview with Fox News about whether he himself is investing in the stock market or Bitcoin, Mr. Trump said he is not investing in stocks right now because “the market is going up.” high”. As for Bitcoin, the former President said:
“Bitcoin is like a scam. I don’t like it because it is a currency that can compete with the US dollar. I want the US dollar to be the currency of the world. I have always emphasized this.”
Former Pres. Trump: “Bitcoin, it just seems like a scam. I don’t like it. I want the dollar to be the currency of the world.” pic.twitter.com/y3e3CgKnOe
— Alex Salvi (@alexsalvinews) June 7, 2021
Mr. Donald Trump’s argument is similar to his last statement on Bitcoin made in 2019. Mr. Trump, then still US President, stated on Twitter that “I am not a fan of Bitcoin and money. crypto,” while also criticizing the efforts of large corporations like Facebook to issue digital currency.
However, a notable point noticed in the former US President’s latest statement about Bitcoin is that he alludes to it as a “currency” that can compete with the US dollar. This could be an implication that the billionaire has also begun to fear the rise of Bitcoin in the past 6 months, with continuous rapid growth in value.
El Salvador’s President on Sunday announced that he would submit a bill that would make Bitcoin a “legitimate unit of payment” in the country, meaning that Bitcoin will be recognized as a currency. currency. This is information that many believe will have a significant impact on the legal balance of Bitcoin around the world, because Bitcoin will become a “foreign currency” under the laws of many countries, paving the way for the adoption of Bitcoin. more widely – as analyzed by Coinlive.
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