2/24/24 Get Prepared: Trump Says Bitcoin Has Taken on ‘a Life of Its Own,’ Will Probably Need Some Regulation, Trump’s Bad For The Country and Americans

Featured Story

By SRH,

Former president stated he was “not a fan” of cryptocurrencies and called the central bank’s digital currency dangerous, vowing to ban them if elected.
Trump said, “I can live with it,” about bitcoin before the South Carolina primary.
A softening posture may result. The president said he was “not a fan” of cryptocurrencies in 2019.

Former president and Republican frontrunner Donald Trump said bitcoin (BTC) “has developed a life of its very own” and may need enforcement.

Trump spoke to Fox News during a South Carolina town hall on Tuesday before the GOP primary. Former South Carolina speaker Nikki Haley announced she will run even if she loses the Saturday primary.

Trump replied to Fox News host Laura Inghram that bitcoin had “taken a life of its own,” answering her question on U.S. embrace. You may need control. Many accept. I can handle it as more people demand bitcoin.”

His position may soften. In 2019, former President Trump called cryptocurrencies “probably not money.” I always liked one currency,” he said Tuesday. I like dollars.”

Trump has called central bank digital currencies (CBDCs) dangerous and threatened to abolish them if elected.


Get Prepared From HNewsWire

Mountain House 14-Day Emergency Food Supply | Freeze Dried Survival & Emergency Food | 84 Servings

Get Prepared From HNewsWire


Loading

Don't Miss

Liquidation: Stocks, Bonds, Bullion, & Bitcoin All Puked

By StevieRay Hansen

Well that really did escalate quickly… Today had the feeling of ‘liquidation’ (similar to March) as big-tech stocks (growth/value rotation), bitcoin, bonds, and bullion were all…

Loading

Day-Traders Send US Producer Prices Soaring In July

By StevieRay Hansen

US Producer prices were expected to rise MoM following four declines in the last five months and they did, rising 0.6% MoM (double the expected…

Loading

S&P Futures Hit All Time Highs On Stimulus, Vaccine Hopes; Gold, Silver Tumble

By StevieRay Hansen

S&P 500 futures hit a record high as investors shrugged off continuing U.S.-China tensions and instead focused on news of an approved, if largely unclear,…

Loading

Nasdaq Tumbles Into Red, Erases Vaccine Spike As ‘Memo Meltdown’ Continues

By StevieRay Hansen

All major US equity indices spiked in the early hours overnight on the back of optimistic vaccine headlines from Russia. However, while Russell 2000 futures…

Loading

The Economy Is Mortally Wounded

By StevieRay Hansen

A fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding exponentially. Read more12 Signs That The Economy Is Seriously…

Loading

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.

Leave a Reply

Your email address will not be published. Required fields are marked *