BUSINESS

Trump — Bitcoin Is A “Scam”

Former U.S. President Donald Trump in a report said he views Bitcoin as a “scam” impacting the value of the U.S. dollar.

“Bitcoin, it just seems like a scam,” Mr. Trump said.

“I don’t like it because it’s another currency competing against the dollar,” he added.

Mr. Trump shared on a business program that he wishes to see the U.S. dollar as the “the currency of the world.”

Several countries have already implemented a national cryptocurrency, while others waver, wondering about the practical application and use of such technology.

El Salvador is one of the latest countries to consider making the cryptocurrency a legal tender.

Readers Bureau, Contributor

Edited by Jesus Chan

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