Former US President Donald Trump declares Bitcoin a “disaster”
Former US President Donald Trump has just reaffirmed his “strong” opposition to Bitcoin and cryptocurrencies, related to his earlier statements. Former US Presi...
Former US President Donald Trump has just reaffirmed his “strong” opposition to Bitcoin and cryptocurrencies, related to his earlier statements.
Donald Trump spoke about cryptocurrencies in an August 31 interview, in response to a query about irrespective of whether he utilized Bitcoin or cryptocurrency, Trump rapidly claimed that
No, I’ve by no means utilized them. I want the American currency. I really feel that cryptocurrencies are hurting the US currency.
Even Trump has encouraged folks to attempt investing in the US dollar, for the reason that in accordance to him Bitcoin is just a “scam” or one thing fake. This see is taken up a great deal by Trump, the final time on June seven.
– See additional: Former President Trump: Bitcoin is a “scam”
Trump has generally been a critic of Bitcoin and cryptocurrencies. He plainly expressed his dislike of Bitcoin for the reason that BTC is an additional currency that competes with the US dollar. And Trump’s ambition is to want the US dollar to be the currency of the planet.
In 2019, when nevertheless president of the United States, Trump posted on his private weblog that he was not a fan of Bitcoin. BTC is inherently non-financial and has a pretty volatile worth. Unregulated crypto assets can facilitate unlawful pursuits, like drug trafficking and other “dark” pursuits.
Synthetic Currency 68
Maybe you are interested:
More From Crypto News
Ethereum Foundation, Open Anonymity Project Launch zkAPI for Private AI Payments
The Ethereum Foundation and Open Anonymity Project have jointly launched zkAPI, a protocol that lets users pay for AI and other API services with ETH while keep...
Bitcoin Falls Below $84K as Crypto Liquidations Near $600M
Bitcoin fell below $84,000 on October 2, 2026, reversing a sharp post-jobs-report rally as leveraged long positions were wiped out across the market. The sell-o...
SEC Proposes Rules to Clarify How Funds Custody Crypto
Custody, in this context, refers to the safeguarding and control of assets held on behalf of a fund, including who holds them, under what conditions, and with w...
Bitcoin Rises 43% in Q3 as Spot ETFs Attract $6.3B
Bitcoin posted a gain of roughly 43% in Q3, closing the quarter well above where it started, even as US Treasury yields moved higher and weighed on risk appetit...
Bitcoin Reclaims $86K as US Spot ETFs Add $102.7M
Bitcoin reclaimed the $86,000 level on October 1 as US spot Bitcoin ETFs recorded $102. 7 million in aggregate net inflows, reversing the direction of the prior...
Bitcoin Reacts to Weaker-Than-Expected US Jobs Report
Bitcoin moved sharply in response to a weaker-than-expected US nonfarm payrolls report, as traders quickly reassessed the outlook for Federal Reserve monetary p...
