Eric Trump Is Confident Bitcoin Is ‘Going To Hit $1 Million’
Posted On December 10, 2024
Eric Trump has lauded Bitcoin (CRYPTO: BTC) as a transformative asset with the potential to disrupt traditional banking systems.
Speaking at the Bitcoin MENA event in Abu Dhabi on Tuesday, he highlighted Bitcoin’s scarcity, liquidity and inclusivity, framing it as a groundbreaking complement to hard assets like real estate.
“Bitcoin has the ability to change the world. It has the ability to disrupt traditional banking systems in the biggest way,” Trump stated.
He emphasized Bitcoin’s fixed supply of 21 million coins, contrasting it with other commodities like gold, whose supply can be increased with higher prices.
“With Bitcoin, Bitcoin’s supply is capped. …