Former US president Donald Trump states bitcoin ‘just appears to be like a scam’

Former U.S. President Donald Trump reiterated his damaging stance on bitcoin all through a Monday morning job interview, declaring that “it just seems like a rip-off.”

Talking with Fox Business’s Stu Varney, Trump mentioned:

“Bitcoin, it just appears to be like a scam. I was surprised — you know, with us, it was at 6,000 and, much lessen. I never like it simply because it is really another currency competing against the greenback, primarily it is a currency competing from the dollar. I want the greenback to the forex of the earth. That is what I have usually reported.”

In 2019, Trump — as president — blasted bitcoin and cryptocurrency through a tweet thread. As claimed at the time, Trump took purpose at Facebook and Libra, now known as Diem, the long-delayed stablecoin challenge that drew the ire of regulators and lawmakers in the U.S.

“I am not a supporter of Bitcoin and other Cryptocurrencies, which are not funds, and whose worth is extremely volatile and centered on thin air,” Trump reported at the time. It truly is unclear regardless of whether Trump’s considering on the make any difference has evolved, presented that he referred to bitcoin as a “forex” in the course of the Monday job interview.

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