The son of American president Donald Trump, Eric Trump, said that now the crypto -investors are on the verge of a financial revolution. He predicted the explosive growth of cryptor in the next 12-18 months.
In his remote performance from New York at an event organized by the Upbit crypto-based in Seoul, Eric Trump called Bitcoin an ideal risk hedging tool in comparison with traditional real estate investments. The Executive Vice President Trump Organization emphasized that thanks to a limited offer of 21 million coins, bitcoin exceeds gold and traditional assets.
Eric Trump is sure that despite the recent Bitcoin rise and the achievement of a new historical maximum, it is not too late for investors to go to cryptocurrency markets. Now he is at the very early stage, which one can imagine – cryptocurrency finally began to be used massively outside the sphere of decentralized finance (Defi), the businessman emphasized. Therefore, he urged people to invest in digital assets before a large -scale bull rally of cryptorrhoids came.
“In the next decade, we, looking back, say that we were pioneers who rethought modern finances,” the president’s second son said.
Eric Trump called the practical advantage of cryptocurrency over traditional banks. He gave an example a transaction in bitcoins in the amount of $ 200 million, which cost only 60 cents, and which was completed in seconds. A similar transfer through ordinary banks could take several weeks, and the commission would be about 3% of the amount. The head of the Trump Organization warned that countries that did not want to introduce digital assets will lag behind the global financial race. He is sure that cryptocurrencies are able to accelerate world progress, as it once happened with the advent of railways and cars.
Earlier, Eric Trump suggested that if banks refuse to introduce a blockchain into their work, they can lose their customers and be unclaimed. Trump remains true to its forecast that sooner or later bitcoin will grow to $ 1 million.
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Source: Cryptocurrency
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