Former US President Trump said on Monday that Bitcoin may be a scam. Trump declared: "Bitcoin seems to be a scam now," he added, "I don't like it because it is a currency that competes with the U.S. dollar. I want the U.S. dollar to become the world currency. This is what I have always been Emphasized." What do you think, what impact will Trump's speech have on the price of Bitcoin?
So bitcoin is a scam just because it opposes the interest of the US, in which case then every single other currency around the world is a scam as well? If that is the kind of logic that he is using then he should think the same about every single currency, and if he does not then this show us that he cannot really say why he is against bitcoin and that he is just against it because it is a coin that is not backed by governments, and for the people that are part of the status quo this is dangerous.