Trump Plows into Libra Debate as Politicians Face Crypto Learning Curve

Trump Plows into Libra Debate as Politicians Face Crypto Learning Curve

For those politicians who put off their crypto education, Facebook’s Libra is a wake-up call. And President Trump’s Twitter account made that call impossible to ignore.

Overnight, Trump slammed cryptocurrency as being “based on thin air,” calling it “unAmerican,” and praised the U.S. dollar as the “only one real currency” and “by far the most dominant currency anywhere in the world.” Trump also suggested Facebook should apply to become a fully licensed bank.