Quote from: Periodik on July 16, 2019, 03:04:11 AM

Quote from: Prateek_sharma on July 12, 2019, 05:07:14 AM

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?

Well, the world be turned upside down had Trump announced that he would be supporting Bitcoin and that it would be totally all right for every american to use Bitcoin over fiat, and that it is also all right for companies to create their own unregulated cryptocurrencies. That is going to make a much bigger news than the one he just pronounced. But then, the reality is that Trump is the president of the USA, and consequently a puppet of the real rulers, the bankers.

right, maybe because the decentralized system trump can't control it. moreover they do not want to lose their influence in the world, where the dollar is a reference for fiat currencies throughout the world