{"id":268553,"date":"2021-06-07T17:34:04","date_gmt":"2021-06-07T14:34:04","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/trump-calls-bitcoin-a-scam-advocates-for-dollar-hegemony\/"},"modified":"2021-06-07T17:34:04","modified_gmt":"2021-06-07T14:34:04","slug":"trump-calls-bitcoin-a-scam-advocates-for-dollar-hegemony","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/trump-calls-bitcoin-a-scam-advocates-for-dollar-hegemony\/","title":{"rendered":"# Trump calls Bitcoin a scam, advocates for dollar hegemony"},"content":{"rendered":"<p>&#8220;<strong># Trump calls Bitcoin a scam, advocates for dollar hegemony <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvOWFmMDViNTItMDJjNi00ZGI4LWJkYjctNWZjNmVmMmU3MzQyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Former United States President Donald Trump has once again slammed Bitcoin (BTC).<\/p>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>earing on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/video.foxbusiness.com\/v\/6257768965001#sp=show-clips\">FOX Business<\/a>\u00a0Monday, the former president remarked:<\/p>\n<blockquote><p>\u201cBitcoin, it just seems like a scam [\u2026] I don\u2019t like it because it is another currency competing against the dollar; essentially it is a currency competing against the dollar. I want the dollar to be the currency of the world, that\u2019s what I\u2019ve always said.\u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">TRUMP: Bitcoin, it just seems like a scam. I don&#8217;t like it. I want the dollar to be the currency of the world. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/CXjALsJmXx\">pic.twitter.com\/CXjALsJmXx<\/a><\/p>\n<p>\u2014 August Takala (@AugustTakala) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AugustTakala\/status\/1401894513245818880?ref_src=twsrc%5Etfw\">June 7, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Trump&#8217;s comments are in line with his previously espoused views on Bitcoin. Indeed, back in July 2019, while in office, Trump stated that he was not a fan of Bitcoin and crypto.<\/p>\n<p>At the time, Trump identified price volatility as a major point for his anti-crypto stance while stating that cryptocurrencies were not money and that their value was based on \u201cthin air.\u201d<\/p>\n<p>As previously reported by Cointelegraph, the Trump administration specifically sought to enact anti-crypto policies with Trump allegedly telling former Treasury Secretary Steve Mnuchin to \u201cgo after Bitcoin.\u201d<\/p>\n<p>The final days of the Trump administration also saw the U.S. Treasury stir the pot with controversial regulations aimed at monitoring self-hosted wallets. This Trump-era policy has become even expanded in the Biden Administration with the Internal Revenue Service also looking to close crypto-related tax loopholes.<\/p>\n<p>However, pro-crypto Congresspeople like Senator Cynthia Lummis and Representative Warren Davidson continue to advocate for crypto wallet privacy rights. <\/p>\n<p>The conversation around cryptocurrency regulations in the United States seems to has shifted towards ransomware as the new focus for the anti-crypto crowd in Washington. A spate of ransomware attacks in the U.S. is likely responsible for the new narrative shift.<\/p>\n<p>Back in May, Cointelegraph reported that the Biden administration was examining gaps in existing crypto rules in the wake of the recent price downturn in the market.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/trump-calls-bitcoin-a-scam-advocates-for-dollar-hegemony\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Trump calls Bitcoin a scam, advocates for dollar hegemony &#8221; Former United States President Donald Trump has once again slammed Bitcoin (BTC). Appearing on FOX Business\u00a0Monday, the former president remarked: \u201cBitcoin, it just seems like a scam [\u2026] I don\u2019t like it because it is another currency competing against the dollar; essentially it is&#8230;<\/p>\n","protected":false},"author":1,"featured_media":268554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvOWFmMDViNTItMDJjNi00ZGI4LWJkYjctNWZjNmVmMmU3MzQyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,4941,8575],"class_list":["post-268553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-donald-trump","tag-usa"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/268553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=268553"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/268553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/268554"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=268553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=268553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=268553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}