Trump blasted Bitcoin and other Crytpocurrencies as they are “not money” with value “highly volatile and based on thin air”. He criticized that “unregulated crypto assets can facilitate unlawful behavior, including drug trade and other illegal activity”. Also, Facebook’s Libra “will have little standing or dependability”.
He then hailed the only “real currency” the United States Dollar. He said the USD is “stronger than ever, both dependable and reliable”, the “most dominate currency anywhere in the World”.
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