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Donald Trump's Son Talks About Bitcoin! Reveals BTC Price Prediction!
Donald Trump, who has abandoned his previous thoughts on Bitcoin (BTC) and cryptocurrencies to become a BTC and crypto advocate, is preparing to take office on January 20th.
At this point, Trump, who brings crypto-friendly names to critical points, closely follows Bitcoin.
While Donald Trump's second son Eric Trump also takes a keen interest in Bitcoin and the cryptocurrency industry, along with his father Trump.
Eric Trump, speaking at the Bitcoin MENA event in Abu Dhabi, said he believes Bitcoin is a better investment vehicle than real estate.
Eric Trump stated that his family accumulated their wealth through real estate investments, but he sees greater advantages in Bitcoin.
Eric Trump emphasized that the biggest advantage of Bitcoin over real estate is liquidity. Eric pointed out that building a hotel could take five years and selling it could take another two years, highlighting that real estate investments are less liquid.
In contrast to real estate, Bitcoin eliminates the need for bankers, lawyers, or other intermediaries and is not vulnerable to physical risks such as fire, flood, hurricane, or tornado.
Eric Trump stated that investing in Bitcoin is an investment in the future, and those who embrace it early will succeed while those who hesitate may fall behind.
Eric Trump finally revealed his predictions about the price of Bitcoin. At this point, Eric Trump predicts that BTC will reach $1 million in the future. He emphasized that Bitcoin is not only an investment tool, but also a global asset with value against inflation, political instability, and natural disasters.
Eric Trump, who also called on governments and banks to adapt to the technology of Bitcoin, added that the Trump family fully supports Bitcoin.