Eric Trump, the son of US President-elect Donald Trump, expressed his confidence in Bitcoin surpassing $1 million per coin. Speaking at the Bitcoin MENA conference in Abu Dhabi on December 10, Eric credited his father as the "most pro-crypto president in the history of America" and praised his efforts in spearheading a global financial revolution.
"I believe in bitcoin. I absolutely love bitcoin, and I'm very proud that my father stood on a stage in Nashville and declared himself as the bitcoin president. He's going to be the crypto president. He will make America the crypto capital of the world. He will implement smart regulation and do all the necessary things. I strongly believe that this is the future of finance," Eric Trump stated.
He further expressed his pride in having the most pro-crypto president in America's history now that his father has won the election.
"Bitcoin is proving to be the perfect complement to the hard assets that our family values. Its scarcity and hard limit make it incredibly valuable, especially when these assets are being purchased in billions. That's why we see the price skyrocketing," Eric Trump explained. "I firmly believe that in the coming decades, bitcoin will become the foundation of the modern global financial system."
He continued, "Bitcoin will be used to safeguard your wealth. Make no mistake, our family and my father, as the president, will lead the charge in this revolution. We will lead in every possible way."
Regarding crypto regulation under the Biden administration, Trump commented on Gary Gensler's previous actions against the industry. He mentioned that Donald Trump appointed Paul Atkins, who is a strong supporter of the crypto industry. Eric Trump concluded, "I truly believe that this is just the beginning of a financial revolution, not only in America but also worldwide."