Crypto News

Hillary Clinton Says Crypto Could Threat To Dollar As Reserve Currency


Hillary Clinton shared her stance on crypto and claimed that there are huge chances that crypto may dominate over the dollar in the form of global currency. 

Recently, Former Secretary State Hillary Clinton appeared in an interview with the Bloomberg New Economy Forum. In the virtual interview, Hillary shared about the increasing trend and adoption of crypto. 

According to Hillary, Crypto could influence the role of the US dollar in the form of global reserve currency, and also it may end up with economical instability. 

Hillary said that, amid the increasing adoption and trend of the crypto, she hopes that all the lawmakers and watchdog are doing their work against the crypto. She further continues

“…. because what looks like a very interesting and exotic effort to mine new coins to trade with them has the potential for undermining currencies, for undermining the role of the dollars as reserve currencies, for destabilizing nations”

So, Hillary ( a highly popular US president nominee of 2016) described crypto as a threat to the US dollar in the international market. 

However, here Hillary shared his negative stance on crypto but still few people claimed that Hillary is doing advertisements of crypto. That can be seen in the below tweet

This is the first time when any highly influential female political personality shared her take on crypto in a negative way. In 2018, Hillary confirmed that she doesn’t own Bitcoin personally. 

It is worth noting, Hillary and Trump both were against each other in the Presidential election of 2016 but both of these politicians have a negative stance on crypto. 

In June, in an interview with Fox Business, Trump described Bitcoin as a Scam. And in October, Trump said that ‘ I don’t want to have other currencies coming out and hurting or demeaning the dollar in any way.

Read also:Binance CEO says enough number of people makes meme coins valuable





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