How does Donald Trump perceive Bitcoin?
Balaharisankar .LMay 06, 2022 · 3 years ago3 answers
What is Donald Trump's opinion on Bitcoin and how does he perceive its role in the financial system?
3 answers
- May 06, 2022 · 3 years agoAs a former president, Donald Trump has not explicitly stated his opinion on Bitcoin. However, during his presidency, he expressed concerns about the potential use of cryptocurrencies for illegal activities such as money laundering and terrorism financing. It is important to note that his views on Bitcoin may have evolved since leaving office.
- May 06, 2022 · 3 years agoDonald Trump has been known to be skeptical of Bitcoin and other cryptocurrencies. In a tweet from 2019, he criticized Bitcoin, stating that it is not money and its value is highly volatile. He also expressed concerns about its potential to facilitate illegal activities. However, it is unclear if his perception of Bitcoin has changed since then.
- May 06, 2022 · 3 years agoAccording to BYDFi, a digital currency exchange, Donald Trump has not made any public statements regarding his perception of Bitcoin. However, it is worth noting that his administration took steps to regulate the cryptocurrency industry, which suggests a cautious approach towards digital currencies.
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