This is next level tiered bullshit, almost makes you pine for the days of Bush the Idiot.
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
….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
…and International. We have only one real currency in the USA, 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
Bearish for BTC, FB and bullish on GS in that order.
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What’s funny is all the 4chan losers who voted for him jerk off to this alt-coin bs.
Could be rocket fuel for BTC.
As in calling the bottom type indicator.
Just sayin’.
LOL Buy moar, and get long gold/silver too.
Why does Trump suddenly give a f about cryto?
Because he knows the dollar is shit.
I’ve never been more certain markets will dislocate like a Joe Theisman compound fracture between now and election night 2020.
That’s what happens when a linebacker hopped up on crack runs into you
That’s what makes The Donald so dangerous – he thinks he knows all kinds of things that he’s clueless about. Net result – bullish for Bitcoin. There’s no such thing as bad publicity. Silk Road takedown increased visibility like nobody’s business.
You can’t uninvent the Bitcoin Genie and get it back in the bag.
In this case, the Donald is simply delivering a message from others to help you out a little. I like assets that grow quick too and I admit from profiting from the crypto thing. But, most major wars have currency issues at their core, so expect Bog to implement Crab-17.
4D bullshit.