Former President Trump: Bitcoin Is A "Scam"

(Palm Beach, FL) -- Former President Trump says the American dollar should be the world standard.  

Monday on Fox Business, Trump said the cryptocurrencies like Bitcoin seem like a "scam."  The former President believes Bitcoin and other cryptos should be heavily regulated.  

While the online currency is down just under 50-percent from its record high, it's still up over 20-percent since the start of this year.