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
How could we expect government to be a fan of bitcoin or in crypto currency? The fact is that being a decentralized system its always been a reality that more people got a good profit without being taxed by government so in short they cannot make money out of our income in crypto, I have heard many article containing government attack on bitcoin but still they cannot take it down. Maybe someday when Trump is not in position anymore and then he will realized the goodness of bitcoin.