‘It’s fine’ to buy Bitcoin as gold substitute, says Trump ex-Treasury Secretary Mnuchin

[newshunter]

‘It’s fine’ to buy Bitcoin as gold substitute, says Trump ex-Treasury Secretary Mnuchin

What seems to be a full reversal on a previously hostile Bitcoin stance is tempered by Mnuchin, who added that he still wouldn’t buy BTC himself.

Source: ‘It’s fine’ to buy Bitcoin as gold substitute, says Trump ex-Treasury Secretary Mnuchin

Would appreciate your opinion about this

[TomPluz]

Well, the guy is not working anymore for the government so he is now free to say whatever he wanted to. I am suspecting that he is not actually anti-Bitcoin in the first place and he must have seen the very logic why we have this cryptocurrency in the first place. One day we might be hearing that actually he has some Bitcoin he bought at this time when the price is lower. There are now a number of people who made a good turn-around on their negative stand and position on Bitcoin and Mnuchin is the latest that I know of.

[Fenix]

Of course, the former US Treasury Secretary under President Trump Mnuchin, given Trump's scornful attitude towards Bitcoin, could not have previously expressed a position that was distinguishable from that of his president. As a matter of fact, this is the position of an official loyal to bitcoin, who still does not believe in the prospects for the development of cryptocurrency. Of course, it would be much better for the cryptocurrency if he was still the finance minister instead of the current Janet Yellen, who immediately came out with a demand for strict regulation of the cryptocurrency.