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?
Anyway, he is not interested in Bitcoin, he tells it was a scam (for him) as he never knows about cryptocurrency. Or, he is one of those greedy and corrupt rich people. Even before his last term, he said that already. Nothing we have to expect him.
But have we think that will be needing him, no, the market will survive and stay strong without this kind of person. Many rich people had already understood the market and I think they are enough to keep cryptocurrency alive.
Again, Trump no longer has the influence, sure the price may have dump because of his recent statement, but now it's over, the price has recovered already.
The market has survived in the last 10 years without any tweet from known personalities. But as we grow, this so called influencers came into the scene. But it won't put a damp long term. I know that majority of us has matured and not affected by this personalities. We shouldn't actually, and for those who blindly believed and emotionally get nervous and sell their coins, it's their lost.