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?
It will have a negative impact if Trump is relevant, but it's a matter of time before Trump fades away and becomes irrelevant, this also go to people and influencer like Musk, they have an impact for a limited time but soon they will have no influence and Bitcoin and Cryptocurrency will still be here, they can create FUDS but these FUDS will have a short term effect.