Trump Warns Facebook on Crypto

Trump Warns Facebook on Crypto

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Interactive Video

Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What question does the text raise about Facebook's ability to handle money?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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OFF