Find us on Facebook

Contact Info

Want to reach HiTNG Online Media house

Address:Ekiti State University
Phone:07062695091
Website:Hitng.info
World

Donald trump frowns at the use of bitcoin, Facebook Libras and cryptocurrencies

Donald Trump Frowns at the Use of Bitcoin, Facebook’s Libra and Cryptocurrencies

President Donald Trump opposed the use of cryptocurrencies, claiming they are not money.

According to the US President, its “unregulated side can facilitate unlawful behavior, including drug trade and other illegal activities.” He also campaigned for Facebook and other companies that want to become a bank, to seek a new Banking Charter and become subject to all Banking Regulations.

His tweets read;
“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….
“…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…

President resigns over s*xtape scandal

“…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!
The tweet got the attention of Justin Sun, the founder of the cryptocurrency platform TRON and current CEO of BitTorrent who alleged that the US President is being misled by false news. He tweeted in response;
Mr. President, you are misled by fake news. #Bitcoin & #Blockchain happens to be the best chance for US! I’d love to invite you to have lunch with crypto leaders along with @WarrenBuffett on July 25. I guarantee you after this lunch, nobody will know crypto more than you!


GAIN ADMISSION INTO 200 level in any university of your choice in Nigeria and beyond through IJMB and JUPEB. WEBSITE.www.ijmbonline.org.ng Contact.07034232258,09039314939.registration is on for 2020/2021
Loading...
35 mourners die and 48 injured during stampede at funeral of Iranian General Qassem Soleimani

21 Comments

Leave a Response

This site uses Akismet to reduce spam. Learn how your comment data is processed.