Eric Trump, vice president of the Trump Organization, at a conference Bitcoin MENA 2024 in Abu Dhabi shared with his optimistic forecast of how much it would cost Bitcoin In his opinion, in the near future the price of Bitcoin may reach $1 million.
He stressed that Bitcoin has a huge number of advantages over traditional fiat assets and is of great value to the world, which is increasingly affected by inflation and political instability.
Due to its decentralized nature and limited supply, the first kriptovalyuta is already a reliable tool for protecting the population’s savings, the businessman noted.
According to him, Bitcoin eliminates the need to employ a multitude of bankers who deal with paperwork and extract funds from the economy and citizens for personal enrichment.
In addition, Eric Trump criticized the administration of current US President Joe Biden for the war against the crypto market, and drew the attention of those present that those who accept Bitcoin , will be able to become leaders in the digital revolution.
He expressed confidence that once Bitcoin reaches $1 million, the entire world will accept it as a global currency.