Former US President Donald Trump has called cryptocurrencies a “dangerous thing” even though his wife Melania issued a non-fungible token (NFT) on Solana.
Trump calls crypto a “dangerous thing” despite his wife launching Solana-backed NFTs
Former President Donald Trump, who was skeptical of crypto, called it a “very dangerous thing” in an interview with Fox Business, according to a report by Decrypt. As the Decrypt report suggests, Trump’s comments on crypto come at a surprising time, just days after his wife Melania launched her first NFT.
Here’s how Melania Trump’s website defines the NFT:
“In short, NFT (Non-Fungible Token) is a digital file that contains a unique code and is permanently stored on a blockchain. Accordingly, an NFT cannot be changed, which ensures authenticity and provenance. “
“Blockchain is a digital, decentralized data set that cannot be manipulated or manipulated. Every time a transaction takes place, it is recorded in the blockchain ledger and is transparent to the public. “
“No two NFTs are alike and therefore offer exclusivity, scarcity and value in the digital sector.”
To buy NFT, you must “(1) create a digital wallet, (2) add cryptocurrencies to your digital wallet (in this case Solanas SOL), and (3) click to buy NFT”.
Trump was asked about his wife’s NFT by Fox Business host Maria Bartiromo. He has answered:
“You will do very well. She has a great imagination. “
The former president’s opinion on cryptocurrencies
The former president has been asked to broaden his views on cryptocurrencies. Trump declares his preference for US dollars over digital assets despite the incredible growth of cryptocurrencies. He also doesn’t want cryptocurrencies to become the national currency.
He says:
“I never loved it because I love having the dollar. I’ve never been a big fan, but it just keeps getting bigger and nobody does anything about it. I want our currency to be called the dollar. “
Trump predicts that the crypto market could lead to an explosion that makes big tech look like “baby stuff”. He concluded that cryptocurrencies are “a very dangerous thing”.
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