Eric Trump, Executive Vice President of the Trump Organization, has praised Bitcoin (CRYPTO: BTC) as one of the greatest stores of value, emphasizing its immediate liquidity and effectiveness as a hedge against real estate investments.
What Happened: In an interview with Fox Business on Tuesday, Trump highlighted Bitcoin’s unique advantages over traditional assets, pointing to its role in the Trump family’s growing involvement in the cryptocurrency sector amid their broader push into digital assets.
Trump, whose family recently invested in a Bitcoin mining venture called American Bitcoin through a merger with American Data Centers, explained how his perspective on crypto evolved after experiencing what he described as unfair treatment by major banks.
“I truly believe that Bitcoin is one of the greatest stores of value, immediately liquid, an unbelievable hedge against real estate, and something we’re really excited …
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