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Donald Trump says bitcoin 'seems like a scam' - and laments that it's competing with the US dollar

6 days ago   |   By Business Insider

Summary List Placement Donald Trump doubled down on his negative stance on bitcoin on Monday and told Fox Business the cryptocurrency "seems like a scam" that takes away the importance of the US dollar.
The former US president told Fox Business' Stuart Varney: "Bitcoin, it just seems like a scam. I was surprised - you know, with us, it was at $6,000 and, much lower. I don't like it because it's another currency competing against the dollar, essentially it's a currency competing against the dollar."
Trump also said that the currency of the world should be the US dollar and called for...
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