Donald Trump tweeted that “ He is not a fan of Bitcoin and other Cryptocurrencies, which are not money, & whose value is highly volatile and based on thin air”
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter & become subject to all Banking Regulations
What's the reason behind this criticize?
Well, the world be turned upside down had Trump announced that he would be supporting Bitcoin and that it would be totally all right for every american to use Bitcoin over fiat, and that it is also all right for companies to create their own unregulated cryptocurrencies. That is going to make a much bigger news than the one he just pronounced. But then, the reality is that Trump is the president of the USA, and consequently a puppet of the real rulers, the bankers.