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Former US President Donald Trump has never been a big fan of cryptocurrencies, as he made clear more than once while working in the White House. And he remained true to his convictions, once again warning people that the cryptocurrency market is “very dangerous”.
Well, I never liked it because I like the dollar…. But [криптовалюты] spreading more and more, and no one does anything about it…. someday it may end in an unprecedented explosion … I think it is very dangerous, – said Trump.
In August of this year, as president, he called cryptocurrency a catastrophe in the wings, and in June he described Bitcoin as a scam.
As before, Donald Trump did not explain exactly what the danger posed by the growing crypto market is. Of course, I would like to know his opinion on accelerating inflation and deflationary nature of Bitcoin.
When asked about the recent launch of former First Lady Melania Trump’s NFT, her husband remarked that he expects good results from NFT, given that Melania has a great vision (the name of NFT in English is Melania’s Vision):
She will succeed … She has a great imagination. And people love the former first lady, I must tell you. They really love her.
It is impossible not to agree with the former President of the United States that cryptocurrencies are becoming more widespread, including in certain states of the country, where they are accepted for paying taxes and paying salaries.
This huge market needs regulation to realize the potential of new technologies and deter fraudulent schemes.
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