Eric Trump, son of US President Donald Trump, has reiterated his bullish take on Bitcoin, describing it as one of the greatest stores of value during an interview on Fox Business.
Eric Trump's Statement on Bitcoin
Eric Trump expressed his confidence in Bitcoin, stating that it is one of the greatest stores of value. He said his perspective changed after understanding the misuse of power by banks.
Criticism of Traditional Banks
Eric criticized traditional banks, calling them outdated. He stated that cryptocurrency offers an alternative protecting against politicized influences of banks.
Trump Family's Role in the Crypto Industry
Eric and other Trump family members are actively involved in the crypto industry via World Liberty Financial, which invests in various altcoins.
Eric Trump's remarks highlight the Trump family's belief in the potential of cryptocurrencies, especially Bitcoin, as a store and safeguard of assets.
