#ETHProspects Trump spoke out against the creation of a "digital dollar" in the US, comparing it to the Brazilian "Drex":
US President Donald Trump expressed his opposition to the creation of a "digital dollar", considering it "very dangerous". In his opinion, this currency could allow the government to control people's money, which could cause it to suddenly disappear from accounts.
This statement from Trump comes at a time when the Brazilian central bank is developing the digital real, known as Drex. Some Brazilian parliamentarians, such as Congresswoman Júlia Zanatta, also spoke out against the creation of this digital currency, arguing that it could give the state almost complete control over financial transactions.
It is important to note, however, that Trump is not against all forms of digital currencies. He recently launched his own cryptocurrency, $Trump, which exploded in value in its first days of trading.