Trump reveals his position about the new Facebook currency Libra and Bitcoin
It is clear that US President Donald Trump is not a fan of electronic currencies, especially the currency of the Bitcoin, which makes Facebook and its new currency Libra, which intends to control the information economy in the face of the head of the most powerful country in the world.
And in his series of Tweets on Twitter over the weekend President Donald Trump not impressed by electronic digital currencies, particularly Bitcoin, saying they were not currencies in the true sense of the matter, saying they were very volatile.
And in his series of Tweets on Twitter over the weekend President Donald Trump not impressed by electronic digital currencies, particularly Bitcoin, saying they were not currencies in the true sense of the matter, saying they were very volatile.
But Trump didn't stop there when he attacked as well as the new electronic currency Facebook "Libra" which is expected to be launched soon.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) 12 juillet 2019
....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) 12 juillet 2019
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