The US Treasury Secretary is not a fan of bitcoin: Will not talk about it in five years

Jul 25, 2019

Bitcoin has received a lot of criticism from politicians and other authorities recently.

Among other things, US President Donald Trump has tweeted that bitcoin is not a currency and that it’s built on nothing.

Criticizes bitcoin – for a second time

The country’s Secretary of the Treasury Steven Mnuchin has also come out as a crypto critic. Now he repeats his skepticism about bitcoin.

– I will not talk about bitcoin in five years in my role as Treasury Secretary. I will have other priorities, he says in an interview with CNBC.

So, it seems that Steven Mnuchin thinks that bitcoin is a fad.

In the crypto world, people do not agree with him. During Wednesday, Trijo News could report that Pantera Capital’s CEO believes that bitcoin will be worth a lot more than it is now at year’s end.

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