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In The Media

President Donald Trump and Gabor Gurbacs Talk About Crypto

by Larry Chiang on July 11, 2019

Gabor Gurbacs (@gaborgurbacs)
⁦‪@realDonaldTrump‬⁩ President Trump (⁦‪@realDonaldTrump‬⁩)— Approving a well-regulated Bitcoin ETF that focuses on investor protection may help protect the public interest and promote healthy, fair and orderly markets. A Bitcoin ETF may offer the following protections & benefits. twitter.com/gaborgurbacs/s…

Gabor Gurbacs (@gaborgurbacs)
ETFs offer:
+ Daily proof of reserves (NAV)
+ Transparent holdings 
+ Transparent prices 
+ High liquidity 
+ Proper tax documents
+ Investor protections
#Bitcoin & #crypto need transparent, liquid and regulated ETFs. Investors deserve fair & orderly markets & better protections. pic.twitter.com/N3F07xdcw7

Gabor Gurbacs (@gaborgurbacs)
⁦‪@realDonaldTrump‬⁩ Investors deserve fair & orderly markets & better protections when investing in digital assets. A #Bitcoin #ETF may provide a more transparent, liquid and regulated option. Delaying decisions on regulated vehicles forces investors to invest in less safe/transparent options.

Donald J. Trump (@realDonaldTrump)
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)
…and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

Donald J. Trump (@realDonaldTrump)
….Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National…



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