{"id":44801,"date":"2021-06-09T15:18:32","date_gmt":"2021-06-09T14:18:32","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=44801"},"modified":"2021-06-09T13:32:51","modified_gmt":"2021-06-09T12:32:51","slug":"former-us-president-donald-trump-declares-bitcoin-a-scam","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam","title":{"rendered":"Former US President, Donald Trump declares Bitcoin \u2018a scam\u2019"},"content":{"rendered":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>Former United States President Donald Trump says he considers Bitcoin as a \u201cscam\u201d.<\/p>\n

\u201cBitcoin, it just seems like a scam. I don\u2019t like it because it\u2019s another currency competing against the dollar\u201d, he told Fox Business.<\/p>\n

The 45th American leader noted that he wanted the dollar to be \u201cthe currency of the world\u201d.<\/p>\n

Trump\u2019s reaction followed reports that El Salvador plans to make the crypto-currency a legal tender.<\/p>\n

Bitcoin has been on a free fall since May, raising concerns among investors in Nigeria and many other countries.<\/p>\n

Also last month, China warned financial institutions against offering cryptocurrency services. Federal authorities issued a joint statement.<\/p>\n

The National Internet Finance Association of China, the China Banking Association, and the Payment and Clearing Association of China warned that crypto has no real value.<\/p>\n

The regulators added that the price can be easily manipulated and advised banks to avoid digital currency transactions of face serious sanctions.<\/p>\n

Cybercrime: EFCC arrests Bitcoin vendor, 4 others in Oyo<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Former United States President Donald Trump says he considers Bitcoin as a \u201cscam\u201d. \u201cBitcoin, it just seems like a scam. I don\u2019t like it because it\u2019s another currency competing against the dollar\u201d, he told Fox Business. The 45th American leader noted that he wanted the dollar to be \u201cthe currency of the […]<\/p>\n","protected":false},"author":84,"featured_media":44800,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28,26],"tags":[1570,2140,2297,4490,254,4489],"class_list":["post-44801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-bitcoin","tag-donald-trump","tag-nigeria","tag-us-president"],"yoast_head":"\nFormer US President, Donald Trump declares Bitcoin \u2018a scam\u2019 - Nigeria<\/title>\n<meta name=\"description\" content=\"Former United States President Donald Trump says he considers Bitcoin as a \u201cscam\u201d. \u201cBitcoin, it just seems like a scam. ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former US President, Donald Trump declares Bitcoin \u2018a scam\u2019\" \/>\n<meta property=\"og:description\" content=\"Former United States President Donald Trump says he considers Bitcoin as a \u201cscam\u201d. \u201cBitcoin, it just seems like a scam. ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-09T14:18:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/06\/img-60c0b4bc48f93.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Former US President, Donald Trump declares Bitcoin \u2018a scam\u2019\",\"datePublished\":\"2021-06-09T14:18:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam\"},\"wordCount\":175,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/06\/img-60c0b4bc48f93.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Bitcoin\",\"Donald Trump\",\"Nigeria\",\"US president\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/former-us-president-donald-trump-declares-bitcoin-a-scam\",\"name\":\"Former US President, Donald Trump declares Bitcoin \u2018a scam\u2019 - 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