Trump Blasts Bitcoin For Illicit Use As NY College Is Hit With $2M Ransomware5.2

Last night, the TV personality, businessman, president of the “free world,” Donald Trump took to twitter to blast Bitcoin, Facebook’s Libra, and the entire asset class of cryptocurrencies.

The outspoken United States president said that the asset class is “highly volatile,” “unregulated,” “based on thin air,” and “can facilitate unlawful behavior, including drug trade and other illegal activity.” While Bitcoin is so many other things, not even 24 hours after the President’s tweet, Bitcoin is being used at the center of a $2 million ransomware case involving a New York City college.

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