President Donald Trump doesn't know what Bitcoin and Cryptocurrencies actually are, and he didn't consort his cabinets and advisors on it before tweeting about how it, he made it more obvious when he compared Crypto to banks and said its not money(digital assets). See his original tweets below:
Donald J. Trump @realDonaldTrump July 12, 2019
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....
...Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National... Tweets
I am not a crypto Expert, not yet, but i understand it way better than Mr.President!