Eric Trump confidently predicted that bitcoin will surpass $1 million, attributing this success to the “most pro-crypto president in the history of America” who is leading a global financial revolution. Speaking at the Bitcoin MENA conference in Abu Dhabi on December 10, Eric Trump, son of U.S. President-elect Donald Trump, expressed his strong belief in bitcoin and his pride in his father’s commitment to cryptocurrency. He stated that his father aims to make America the crypto capital of the world by implementing smart regulations and promoting the use of bitcoin.
Trump emphasized the value of bitcoin, describing it as a valuable asset due to its scarcity and hard limit. He believes that bitcoin will play a crucial role in the future of finance and will become a cornerstone of the modern global financial system. Trump also highlighted the potential for bitcoin to safeguard wealth and transform the way companies receive money.
Regarding crypto regulation under the Biden administration, Trump criticized Gary Gensler for his past actions against the industry, but expressed confidence in the appointment of Paul Atkins as a supportive ally to the crypto industry. He concluded by stating that he is confident bitcoin will reach $1 million and that this milestone will open the eyes of many to the potential of cryptocurrency, leading to a financial revolution not only in America but around the world.
