Former U.S. President Donald Trump reiterated his negative stance on bitcoin in a conversation with Fox Business this Monday.
“Bitcoin, it just looks like a scam. I was surprised, because with us it cost $ 6,000 and much less. I don’t like it, because it is another currency that competes with the dollar. I want the dollar to be the world’s currency. I’ve always talked about this, ”he said.
Trump also stressed that the US does not need to collect all the bitcoins in the world, but that the status of the dollar should be taken care of.
“I think they should set very, very high regulatory standards for him, but the currency should be the dollar,” he added.
In 2019, Trump, as President of the United States, wrote on Twitter that he does not consider himself a fan of bitcoin and other cryptocurrencies, “which are not money, whose value is extremely volatile and comes from nothing.” Then he gave his comment in the context of the announcement of the stablecoin Libra from Facebook, which, according to him, also “will not have great stability or reliability.”
In the last interview, Trump also noted that he does not invest in the stock market now, because he considers prices on it too high, but he did so in the past.
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