Acting U.S. AG Whitaker Tweets on Bitcoin
Acting U.S. Attorney General Matt Whitaker’s previous tweets indicate that he has a penchant for cryptocurrencies, especially Bitcoin (BTC). It seems that Whitaker, who earlier worked as a Sessions’ chief of staff at the Justice Department, is a crypto lover. A senior eToro analyst stated that Whitaker tweeted twice positively about cryptocurrency. Since Whitaker locked the tweets away; no one can access them now. However, people can trace his tweets from 2016.
Last week, President Donald Trump announced that Matthew Whitaker will replace Jeff Sessions. In his announcement, the President of the United States stated that Whitaker will also be replacing the Deputy Attorney General Rod Rosenstein’s duties over he Mueller investigation. Mr. Trump also stated that they will soon announce a permanent replacement for Jeff Sessions. As per reports, Trump asked Sessions to resign.
The 49-year-old Whitaker serves as the Southern District of Iowa’s U.S. Attorney from 2004 to 2009. Later on, he contested the U.S. Senate elections in 2014 on Republican nomination but lost to Joni Ernst. Prior to entering politics, Whitaker studied at the University of Iowa for college, business school, and law school.
Whitaker’s Bitcoin History and a Reuters story
Even though he did not talk about the leading cryptocurrency in recent times, he did link a few Bitcoin-related articles by Reuters in 2012. It was at the time when hackers took over the Bitcoin exchange Mt. Gox and everyone believed that Bitcoin would soon die. However, Whitaker shared links of Reuters’ stories that reflected an entirely different opinion.
According to the story, Bitcoin runs on a P2P network which is free of central control, a feature which is not present in fiat currencies. The story indicated worth of BTC as $4.88 at that time on exchanges and that the exchanges were allowing transactions with 15 fiat currencies worldwide. The story also revealed that the crypto investors came from various fields and were uber-geeks, forex traders, scammers, libertarians and anarchists.
Interestingly, the story also included Simon Lelieveldt’s negative opinion. The banking and payment expert stated that BTC would collapse because it does not have central banking support.