Donald Trump discusses Bitcoin & Facebook Coin News

Donald J. Trump has done it. The President of the United States, commented on his preferred communication channel about the Bitcoin. His sentence is similar to the planned crypto-currency from the Zuckerberg company, Facebook.

By Phillip Horch
12. July 2019BTC$11.671,00 0.08%part Facebook Twitter LinkedIn xing mail

Donald John Trump for his Twitter comments known. Recently, he spoke to currencies now Bitcoin and other Crypto. The verdict comes as little surprise. New knowledge continues to be the US President, however, guilty.

The Bitcoin-tweets to the US President:

I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....

— Donald J. Trump (@realDonaldTrump) July 12, 2019

I'm not a Fan of Bitcoin and other crypto-currencies are not money and their value is highly volatile, [and] on a hot air based. Unregulated crypto-Assets can make it easier for illegal behavior, including drug trafficking and other illegal activities.

But that's not enough. Also from Facebook-Coin Libra the ruler of the free world does not think much:

....Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National...

— Donald J. Trump (@realDonaldTrump) July 12, 2019

As Facebook Libra's [sic!!!] "virtual currency" bit of firmness or reliability. If Facebook and other companies want to be a Bank, they all must be get a new Banking licence and is subject to all banking regulations, as well as other banks, both National, ...

...and internationally. We have only one real currency in the United States, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

— Donald J. Trump (@realDonaldTrump) July 12, 2019

as well as internationally. We have only one real currency in the United States, and it is stronger than ever, it is reliable as well as trustworthy. It is by Far the most dominant currency in the world and will always remain so. Is the United States Dollar!

in other words: No currency has a Chance against the world's reserve currency is the US Dollar. Neither Facebook's Libra, Bitcoin, grammar, or any kind of Fiat currency.

Donald trump's Bitcoin-Bash, and the situation in the USA

While the U.S. President on Twitter, so for all round impact against Bitcoin & co. to swing, the development of the Bitcoin Ecosystem in the United States, however, still. For example, the Securities and Exchange Commission (SEC) has on 10. July approved the first Security Token Offering on US soil. The Trump called into question Zuckerberg's group Facebook said, however, that it was the planned crypto project with a legally faultless things.

trump's Bitcoin-Bash is not by chance. Used the with the United States in the trade war, Venezuela is approximately a own crypto-currency, in order to circumvent U.S. sanctions. The citizens ' attack, however, preferred to Bitcoin, in order to fight against the mismanagement of the country. As we explain here, in addition, Bitcoin is the perfect Alternative to the constant money Printing of Central banks.

Now on crypto-currencies to invest: , crypto currencies, buy, sell, or trade – we have selected the best Broker, stock exchanges and certificates: buy Bitcoin | Ether buy | Ripple buy | IOTA buy | Broker comparison