It’s been reported by our sources that President Trump is shutting down bitcoin, claiming it isn’t essential to the United States.
Donald Trump said the mandatory bitcoin shutdown will help flatten the curve to the Covid-19 outbreak. He also stated that Bitcoin is worthless so it’s a win-win situation to shut down bitcoin completely.
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….
— Donald J. Trump (@realDonaldTrump) July 12, 2019
It’s been confirmed that Trump has executive access to completely shutdown the bitcoin network. With this access, he’s able to stop all transactions from occurring. He’s also able to withdraw $btc from any wallet at his command.
The report suggests that President Trump will shutdown bitcoin later this week.