Donald Trump tweeted that He is not a fan of Bitcoin and other Cryptocurrencies, which are not money, & whose value is highly volatile and based on thin air
If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
In General, it is not clear why he decided to speak about cryptocurrencies right now,but nevertheless, Americans will still invest in assets despite everything
I believe it is all about the Libra coin that he's talking about and not really the cryptocurrency but whatever he just said before that he's not a fan of Bitcoin nor cryptocurrency. It is just a call to make a change for their centralized currency for their investors, probably.