Eric Trump Predicts Bitcoin Will Reach $1 Million Per Coin
Eric Trump, son of US President-elect Donald Trump, predicts that Bitcoin will reach $1 million per coin. He emphasized the family's unwavering support for Bitcoin, referring to it as the "cornerstone of a financial revolution."
Cornerstone Of A Financial Revolution
During the Bitcoin MENA 2024 conference in Abu Dhabi on December 9, Eric expressed confidence in Bitcoin's potential, stating, "I think we’re all confident in this room that it’s going to hit a million." He views Bitcoin as a “global asset” vital in combating inflation, political instability, and natural disasters.
“Bitcoin eliminates the need for tens of thousands of bankers pushing paperwork for exorbitant fees,” he added.
More Accessible Financial Tool
Eric highlighted Bitcoin's accessibility, noting it does not require intermediaries like banks or brokers. He contrasted Bitcoin's global liquidity with traditional real estate investments, stating, “Unlike real estate, Bitcoin is not tied to geography. It’s global, instantly liquid.”
“Bitcoin gives everybody the opportunity around the world to participate in ways they never otherwise would have thought, no matter their wealth, no matter their location,” he remarked.
Eric affirmed that his family will continue to advocate for cryptocurrency, claiming that those who embrace Bitcoin will emerge as winners in the digital revolution. He credited his father for contributing to Bitcoin's recent surge and stated that Donald Trump will lead the United States into the "digital revolution."
Featured image from DALL-E, chart from TradingView