*****TRUMP HATES BITCOIN******
BITCOIN CRASHES
Trump is moving to shut down Cryptos:
Trump is moving to shut down Cryptos:
It is now clear that President Trump does not like BITCOIN and CRYPTOCURRENCIES. In a series of Twitter posts, Trump said cryptocurrencies are not money and “Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.”
Soon President Trump is going to take action on BITCOIN and CRYPTOCURRENCY and not doubt will work closely with the FEDERAL RESERVE and U.S. TREASURY in regards to this threatening digital currency which has made several attempts to disrupt the financial industry here in the USA and worldwide. I would expect more than just an EXECUTIVE ORDER on this but this could also lead to a complete CONFISCATION OF ANY AND ALL CRYPTOCURRENCIES and a declaration that they are not legally fungible assets for trade:
Soon President Trump is going to take action on BITCOIN and CRYPTOCURRENCY and not doubt will work closely with the FEDERAL RESERVE and U.S. TREASURY in regards to this threatening digital currency which has made several attempts to disrupt the financial industry here in the USA and worldwide. I would expect more than just an EXECUTIVE ORDER on this but this could also lead to a complete CONFISCATION OF ANY AND ALL CRYPTOCURRENCIES and a declaration that they are not legally fungible assets for trade:
https://www.cnbc.com/2019/07/12/trump-critcizes-bitcoin-cryptocurrencies-questions-facebook-libra.html
https://www.theverge.com/2019/7/11/20691188/president-donald-trump-bitcoin-cryptocurrency-facebook-libra
https://www.forbes.com/sites/samantharadocchia/2019/07/11/8-reactions-to-trumps-anti-cryptocurrency-tweetstorm/#598df6857ff6
https://www.theverge.com/2019/7/11/20691188/president-donald-trump-bitcoin-cryptocurrency-facebook-libra
https://www.forbes.com/sites/samantharadocchia/2019/07/11/8-reactions-to-trumps-anti-cryptocurrency-tweetstorm/#598df6857ff6
President Trump TWEETED and explained his stand against BITCOIN and CRYPTOCURRENCIES verses THE US DOLLAR:
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. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....— Donald J. Trump (@realDonaldTrump) July 12, 2019
....Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National...— Donald J. Trump (@realDonaldTrump) July 12, 2019
...developing......and International. 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!— Donald J. Trump (@realDonaldTrump) July 12, 2019