Any financial market is built on one thing: trust. Without it, there is no stability.

This is what is wrong with cryptocurrency. It is devoid of trust. Those who are making it big in that market know how to work it as a scam. President Donald Trump is just such a person. His whole approach to any financial market, whether it be real estate, sales or cryptocurrency, has always been one of scam.

People talk of Trump as being transactional in his dealings. This is a nice way of saying he is only out for what is in it for him. You think he is worried about electronic bugs in that Qatar airplane? Nope, he is only interested in how often he can use it as his personal airplane.

Trump is trying to take the American economy to the cleaners for his own personal benefit. He won’t succeed. He’s not a good dealmaker; he didn’t even write that book. It was written by a ghost writer.

The problem with a grifter is that he only ends up grifting himself. The danger is not in Trump but in the people to whom he has given political power.