Donald Trump: “Bitcoin is a dummy, which is trying to outperform the dollar " – Bits Media

Former US President Donald Trump (Donald Trump) called bitcoin a fraudulent asset, worthless, who tries to compete with the US dollar.

In his interview, Trump stated, that bitcoin is a "gimmick". He added, that never was A fan of this cryptocurrency, Since she is trying to take the place of the American dollar. Former US President considers, that world leadership among currencies should belong exclusively to the state currency of the United States. Trump added, which does not support the development of cryptocurrencies in general, and called them "dummies", which cannot perform the function of real money due to their high volatility.

Trump expressed the same skeptical position in relation to crypto actes in July 2019 of the year, While at the presidential post. Trump's administration tried to fight the cryptocurrency industry, As evidenced by the statement of the former adviser to the US President on National Security John Bolton (John Bolton). He reported, what in 2018 The year Trump ordered the Ministry of Finance to "engage in bitcoin", to eradicate cryptocurrency trade.

Ex-director of the White House communications Anthony Scaramucci (Anthony Scaramucci) And he suggested at all, what about Bitcoin, published by Trump several years ago, could be written by another person. According to Scaramucci, when Trump independently wrote messages for publishing on Twitter, They could have spelling errors and there were no commas, Since Trump's texts were "stream of thoughts". Therefore, scaramucci made a conclusion, that the previous statement by Trump about Bitcoin could be “dictated” by government bureaucrats, configured against cryptocurrency. However, Trump has now expressed his attitude to bitcoin orally, that coincides with his views, stated in the old tweet.

Some participants in the cryptocurrency industry are afraid, that the policy of the new US President Joe Biden can badly affect Bitcoin. Bidden is concerned about environmental problems, And opponents of bitcoin claim, that his production does not affect the ecology.