Eric Trump praises Bitcoin, predicts it will hit $1M at Bitcoin MENA 2024
Eric Trump has predicted Bitcoin will hit $1M, citing its scarcity and potential. Eric compared Bitcoin’s adoption to email, emphasizing early adopter advantages. Eric lauded Bitcoin as a hedge against inflation, instability, and global risks. Eric Trump, executive vice president of the Trump Organization and son of US President-elect Donald Trump, delivered a stirring keynote address at the Bitcoin MENA event in Abu Dhabi on December 10, 2024. In his speech, he confidently predicted that Bitcoin’s price would one day surpass $1 million per coin, describing it as a transformative force in the global economy. Eric Trump highlighted Bitcoin’s unique qualities, emphasizing its limited supply of 21 million coins, decentralized structure, and potential to serve as a hedge against inflation and political instability. “Bitcoin is not just another investment,” he stated. “It’s a global asset, a store of value, and a safeguar...