Bitcoin: Donald Trump calls cryptocurrency a ‘fraud’ to threaten the US dollar

  • Mari-on-rason
  • BBC

photo released, Getty Images

Former US President Donald Trump told “Fox Business” that he sees the cryptocurrency Bitcoin as a “scam” that affects the value of the US dollar.

Trump added, “Bitcoin, it looks like a scam. I don’t like it because it’s another currency that competes with the dollar.”

He said he wanted the dollar to be “the currency of the world”.

Trump’s comments came after news that El Salvador will formally legalize the use of the digital currency Bitcoin.

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