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Trump’s Bitcoin Beatdown

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The president’s latest tweet signals doom for Bitcoin and cryptocurrencies. No surprises there, then

Photo by David Libeert on Unsplash

Hear This, People!

Of course, he wouldn’t. It’s obvious, isn’t it? Anything that goes against his power base, his place in the world, and there’s hell to pay.

So no-one was surprised at President Trump’s latest tweetstorm about cryptocurrencies and Bitcoin in particular:

‘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….’

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