timelets: (Default)
timelets ([personal profile] timelets) wrote2019-07-12 11:10 am
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Fucking Moron (tm), the crypto edition

President Donald Trump late Thursday said Libra “will have little standing or dependability,” in a series of tweets slamming bitcoin and other cryptocurrencies.

In three tweets, Mr. Trump said he is “not a fan” of cryptocurrencies, declaring they aren’t money and that their values are “highly volatile and based on thin air.”

https://www.wsj.com/articles/bitcoin-backers-welcome-trump-attack-at-least-he-notices-us-11562923805


As if the US dollar is backed by something real, except for the government's promise to accept payments and print more money.

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