THELOGICALINDIAN - US President Donald Trump about lives on Twitter so annihilation he tweets gets a all-around admirers Whether absolute or abrogating his tweets get noticed so a contempo animadversion on bitcoin and cryptocurrencies while not painting them in the best ablaze does reconfirm that they are now domiciliary names
Trump Not A Bitcoin Fan
Presumably, in acknowledgment to the Federal Reserve chair’s comments on bitcoin, Libra, and crypto subjects, the POTUS said that he wasn’t a fan.
He has acutely taken the attitude of abounding that do not accept the technology or the abstraction of value. The animation animadversion is fair comedy and BTC has been anything but stable over the accomplished ages or so. Echoing affect from US regulators and bankers he added that crypto-assets can facilitate actionable behavior. Guess what, so does US dollars, and so do banks.
Dollar Rules, Libra Lambasted
Trump’s attitude on bitcoin is appealing abundant accepted from one who believes in old academy investments and that the dollar is the alone accurate bill of the world.
Facebook’s awful ambiguous attack into crypto was additionally questioned with Trump adding:
Righteous Reaction
As accepted the crypto association did not booty this lying down. While best apparently accede with his comments on Facebook, which around accepted it would harvest abstracts on Libra purchases, it was the dollar pumping that drew the better reaction.
Tron architect Justin Sun ashen no time agreeable Mr T. to cafeteria with Warren Buffett so that he could allay the affected account and advance some crypto education. Some of the best pertinent replies focused on the affectation of Trump’s angle on the dollar:
Many industry heavyweights agreed that Trump’s bitcoin tweet, while negative, was absolutely acceptable for the industry with Travis Kling claiming it was ‘wildly bullish’ and Anthony Pompliano adding:
Are Trump’s bitcoin tweets acceptable for the industry? Add your thoughts below.
Images via Shutterstock, Twitter: @realDonaldTrump
