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?
Trump is an old guy and old people usually hate innovations and new technologies.They prefer to stick with the status quo and the things they are familiar with.He is like Warren Buffet-a fanatic fiat money supporter.
The value of paper money isn't based on thin air,I guess.
