Ninjastic
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Board Altcoin Discussion
Re: Trump's statement against cryptocurrency
by
setialovers
on 25/07/2019, 00:56:45 UTC
Quote from: JCviggen on July 16, 2019, 01:05:31 PM
Quote from: setialovers on July 16, 2019, 09:52:29 AM
Quote from: Jpti on July 12, 2019, 08:19:52 AM
How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency? 

I don't think President Trump doesn't like bitcoin or cryptocurrency but he says bitcoin or cryptocurrency is not his favorite investment. I think it's a fair statement from the head of government because as President, he must maintain the credibility of dollar
I think that he is saying all this because cryptocurrency can prevent him to realize his world plans. if people will be looking for a tool of investment, they will choose bitcoin or a dollar, and if everything will be fine with the BTC then they will definitely choose it. so the Trump will be upset.  Grin But we don't care about him

As President, Trump must have kept the dominance of the dollar in the world. With the increasing popularity of bitcoin and the emergence of Libra Coin, it will disrupt the dollar's position in the world, and I think Trump's statement is still reasonable and normative