Donald Trump's tweet against cryptocurrencies and Bitcoin has just invigorated discussions on crypto land. This is the content of the said tweet: "I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity."
From the said tweet come hundreds of replies that eventually gets the ball rolling. On the contrary though it nets a positive effect on the price of Bitcoin and even predicted that Bitcoin will not only reach its all time high this year but that also it could reach up to $100, 000 price value according to one Bitcoin proponent, Max Keiser. Most crypto enthusiasts sees it as a catalyst when people and countries that are anti-Trump would suddenly use Bitcoin to hedge their money against the dollar.
For more of the report:
https://finance.yahoo.com/news/trumps-attack-on-crypto-could-push-bitcoin-up-to-40000-by-yearend-tom-lee-211925594.html
https://www.newsbtc.com/2019/07/12/keiser-bitcoin-tweet-crypto/
https://www.newsbtc.com/2019/07/12/donald-trump-not-a-fan-of-bitcoin-and-crypto-too-volatile-he-says/
https://www.theguardian.com/us-news/2019/jul/12/donald-trump-bitcoin-and-cryptocurrencies-arent-money
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