Trump Warns Facebook on Crypto

Donald Trump has finally shared his views on Bitcoin, describing it as creating value from nothing. He also criticized Facebook's Libra initiative, suggesting it should be regulated like a bank. This comes amid ongoing political scrutiny of Facebook, including privacy concerns and its role in the 2016 election. Next week, Facebook will face questions from lawmakers in DC, particularly about trust issues. Despite these developments, Bitcoin's market price has not shown significant changes.

What is Donald Trump's opinion on Bitcoin?

• He has no opinion on it.

• He believes it is a stable investment.

• He thinks it creates value from nothing.

• He supports it as a future currency.

What does Trump suggest Facebook should do if it wants to operate like a bank?

• Partner with existing banks.

• Create its own currency.

• Comply with banking regulations.

• Ignore regulations.

What is a major concern lawmakers have about Facebook?

• Its advertising strategies.

• Its global expansion plans.

• Its trustworthiness with user data and money.

• Its ability to innovate.

How has the market reacted to Trump's comments on Bitcoin?

• There has been little to no market reaction.

• The market has become highly volatile.

• Bitcoin's price has significantly decreased.

• Bitcoin's price has significantly increased.

What is noted about Bitcoin's price fluctuations?

• They are unusual and rare.

• They are typical and expected.

• They are always predictable.

• They are controlled by regulators.