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Donald Trump discusses crypto in China, Xi JinPing, and more

Former President Donald Trump on cryptocurrency in China: ‘I’m a big fan of our currency and I don’t want to have other currencies coming out and hurting or demeaning the dollar in any way.’

Video Transcript

DONALD TRUMP: Well, I think he wants to do his own currency, whether it's crypto or otherwise. And one of the reasons that we have to be very careful is we have a currency right now, the dollar. And I'm a big fan of the dollar. I'm a big fan of our currency. And I don't want to have other currencies coming out and hurting or demeaning the dollar in any way. And China's certainly not looking to back the dollar, but right now, they're based on the dollar. And they would probably have to stay that way, unless we do something very foolish in our country.