Donald Trump is not a fan of bitcoin: It’s pretend money built on nothing
Cryptocurrencies have received a lot of criticism from politicians and other people in power lately.
Now, US President Donald Trump is joining the crypto critics. In a number of tweets, he attacks both bitcoin and libra, Coindesk reports.
“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”, he writes on Twitter.
Praises the dollar
Donald Trump also criticizes libra in a tweet where he writes that Facebook’s cryptocurrency will not be reliable.
The president concludes his twitter rant with a tribute to the US dollar.
“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”.
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