TRUMP(特朗普币)芝麻开门交易所

US President Trump Bitcoin is not a currency but a virtual cur

Date:2024-07-18 19:23:59 Channel:Exchange Read:

US President Trump recently made controversial remarks about Bitcoin, saying that it is not a real currency, but more like a virtual "air coin". This remark has sparked widespread discussion and controversy, and has set off deep thinking about the nature of Bitcoin. In this article, we will delve into the meaning behind Trump's remarks, explore the essence of Bitcoin as a currency, and its potential as an investment tool. Let's uncover the mystery of Bitcoin and see whether it is a currency or an air coin.

Trump's questioning of Bitcoin has led people to re-examine this cryptocurrency. In today's digital age, Bitcoin, as a decentralized form of currency, is gradually moving towards the mainstream. However, Trump's remarks have made people begin to question the actual significance of Bitcoin. As a virtual currency, Bitcoin does not have physical support and is not regulated by any government or financial institution, which makes the stability of its value controversial.

In addition to being an investment tool, Bitcoin is also regarded as a prototype of future digital currency. With the continuous development and improvement of blockchain technology, Bitcoin, as one of its most famous applications, has great potential. The decentralized, transparent and secure characteristics of blockchain technology have laid a solid foundation for the long-term development of Bitcoin. Although Trump's questioning of Bitcoin has caused a temporary controversy, Bitcoin, as an emerging form of finance, is still under constant exploration and development.

Globally, more and more merchants and institutions have begun to accept Bitcoin as a payment method, which has further promoted the development of Bitcoin. Although the future of Bitcoin is full of uncertainty, as an innovative form of currency, it will undoubtedly have a far-reaching impact in the financial field. Trump's statement that Bitcoin is "air currency" may be just a temporary statement, which cannot stop the development potential of Bitcoin as an emerging form of currency.

In general, Bitcoin, as an emerging form of digital currency, has unique advantages and potential. Despite Trump's questioning of it, Bitcoin continues to grow and become a topic of concern worldwide. As investors or ordinary users, we should maintain a rational attitude towards Bitcoin and look at the possibilities it brings as an innovative form of currency. Bitcoin is not only a currency, but also a symbol of technological innovation. Let us wait and see the future development of Bitcoin.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


US President Trump is famous for his catchphrase "No one knows better than me". "No one knows taxes and income better than me!" "No one knows construction better than me." "No one knows campaign funds better than me." "No one knows technology better than me." This time, cryptocurrency finally alarmed the "all-knowing and omnipotent" Trump. Is President Trump going to stage a "No one knows more about currency than me"?

Trump commented on Bitcoin and Facebook Libra and other cryptocurrencies on Twitter today. He said:

"I am not a fan of Bitcoin or other cryptocurrencies. These cryptocurrencies are not currencies, they are highly volatile, and they are issued based on air."

He believes that unregulated crypto assets can facilitate illegal activities for criminals, including drug trafficking and other illegal activities.

Then, he pointed the finger at Facebook Libra. He believes that Facebook Libra virtual currency has no (legal) status and no reliability.

"If Facebook and other companies want to become a 'bank', they must seek a new banking charter and comply with all banking regulations, both domestic and international, like other banks."

Finally, he also emphasized:

"The United States has only one real currency, and it is stronger than ever. It is by far the world's most important currency, and it will always remain so. It is called the dollar."

However, many netizens do not buy it. Under the tweet, some netizens said that the dollar is also issued based on air. Some netizens also posted a picture showing the changes in the purchasing power of the dollar from 1913 to 2013. Data shows that $1 in 1913 had a purchasing power of only $0.05 in 2013. I don't know what Trump thinks when he sees this picture.

Of course, President Trump's comments on cryptocurrency do prove that this term is entering the mainstream vision more. Moreover, due to its own huge influence, Trump's tweets on cryptocurrency have tens of thousands of likes and reposts, which is undoubtedly a huge advertisement for cryptocurrency. Nathaniel Popper, a New York Times reporter, retweeted Trump's tweet and said: "Now you can no longer say that cryptocurrency has been ignored." Trump's comments are not the first time that a national leader has expressed his views on cryptocurrency. In June this year, Brazilian President Jair Bolsonaro said in an interview that he did not know what Bitcoin was. But after a brief understanding, he was worried that Bitcoin would undermine the country's monopoly on currency. It can be foreseen that leaders of various countries will mention cryptocurrency more and more in the future, but for now, the focus is still on negative factors. The crypto industry still needs to work hard to wash away the stigma, actively embrace regulation, and let more people truly realize the value of cryptocurrency.

In Trump's view, currency should have a certain physical support and legal status, and Bitcoin does not seem to meet this standard. However, it is precisely because of Bitcoin's decentralized nature that it is widely recognized and used around the world. Bitcoin transactions are fast, convenient and relatively anonymous, which makes it an ideal investment tool in the eyes of many people. Although its value fluctuates greatly, it is precisely because of this volatility that Bitcoin has become the object of investors' pursuit and brought huge returns on investment.


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