Donald Trump calls Bitcoin 'a scam against the dollar'

By Mary-Ann Russon
Business reporter, BBC News

Published
Former US President Donald Trump speaks at the North Carolina GOP ConventionIMAGE COPYRIGHTGETTY IMAGES

Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of the US dollar.

"Bitcoin, it just seems like a scam," Mr Trump said. "I don't like it because it's another currency competing against the dollar."

He added that he wanted the dollar to be "the currency of the world".

His comments come on the back of news El Salvador plans to make the crypto-currency legal tender.