Eric Trump’s Bold Call: Bitcoin To Soar To $1 Million In ‘Financial Revolution’
11 Diciembre 2024 - 7:30PM
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The son of US President-elect Donald Trump said that Bitcoin will
continue to soar and made an audacious prediction that it will
reach $1 million per coin. Related Reading: Tether’s USDT Hits New
High—330 Million Wallets And Counting Trump Organization Vice
President Eric Trump vowed that his father and their family will
not cease their support of the firstborn cryptocurrency.
Cornerstone Of A Financial Revolution Eric believes that Bitcoin
being traded at $1 million per coin may happen soon, describing the
crypto as the “cornerstone of a financial revolution.” COMMENT:
Eric Trump is confident that Bitcoin will hit $1M.
https://t.co/iFb5cmzpFz — BSCN (@BSCNews) December 10, 2024 Trump’s
son made the fearless forecast as he talked to the attendees of the
Bitcoin MENA 2024 conference in Abu Dhabi on December 9, delivering
his prediction to the audience without any taint of doubt on the
capability of Bitcoin to hit that milestone. “I can tell you a hell
of a lot more eyes are going to be opened when Bitcoin hits $1
million. And I’m confident it’s going to hit $1 million. I think
we’re all confident in this room that it’s going to hit a million,”
Eric stated. According to Eric, he sees Bitcoin as a “global
asset”, pointing out the global significance of the crypto in a
time wherein the threat of inflation, political instability, and
natural disasters is rampant. For the Trump Organization’s vice
president, the future of finance is Bitcoin, arguing that the
crypto is a powerful hedge against the traditional financial
system’s inefficiencies because of its decentralized quality and
fixed supply of 21 million coins. “Bitcoin eliminates the need for
tens of thousands of bankers pushing paperwork for exorbitant
fees,” he added. More Accessible Financial Tool Eric noted that
what makes Bitcoin successful as a global asset is its
accessibility, adding that crypto does not need intermediaries such
as banks or brokers in its transactions. Trump’s son stressed the
global appeal of cryptocurrency and how user-friendly is the
digital asset as compared to traditional real estate investments.
“Unlike real estate, Bitcoin is not tied to geography. It’s global,
instantly liquid. You can buy or sell it while having dinner with
your spouse,” Eric explained. Moreover, Eric emphasized that
Bitcoin could empower people in developing nations. “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. Related Reading: HBAR To Hit
$100? Analyst Points To Utility And Market Cap Potential Trump
Family To Support Bitcoin Eric vowed that his father and their
entire family would continue to advocate cryptocurrency, pledging
they would keep on playing an essential role in the global
financial landscape. He remarked that his father, Donald Trump,
helped fuel the recent surge in the alpha cryptocurrency, adding
that he will lead the United States into the “digital revolution.”
Eric Trump said that the people, governments, and institutions who
embraced Bitcoin will become the biggest winners in the digital
revolution. Featured image from DALL-E, chart from TradingView
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