Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Eric Trump Predicts Bitcoin Will Hit $1 Million—Here’s Why He’s So Confident

Daniel Kim Views  

YouTube
YouTube

Eric Trump, the son of President-elect Donald Trump, has predicted that Bitcoin will eventually reach the $1 million mark. According to blockchain media outlet CoIntel Corporation, Eric Trump delivered a keynote speech at the Bitcoin MENA event in Abu Dhabi on Monday.

Trump expressed unwavering confidence in Bitcoin’s future, asserting it will ultimately hit $1 million per coin. He emphasized that this development has the potential to revolutionize the global economy in remarkable ways. Trump also speculated that once Bitcoin reaches this milestone, it will capture the attention of a much broader audience.

Looking ahead, Trump forecast increased government adoption of Bitcoin in the coming years, suggesting that early adopters stand to reap significant benefits from this shift. Trump noted that email, invented in 1970, took a quarter-century to achieve widespread use. “People are slow as hell to adapt to new technology,” he observed.

Trump drew a parallel between Bitcoin and email adoption and attributed the gradual adoption of Bitcoin to this tendency, explaining that it’s not unusual for groundbreaking technologies to take time before gaining widespread popularity.

In his closing remarks, Trump predicted that cryptocurrencies will inevitably outpace traditional banking systems. To illustrate his point, he highlighted the lengthy 90-day process for obtaining a mortgage in the U.S., contrasting it with blockchain technology’s potential to streamline such transactions more efficiently and cost-effectively.

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[WORLD] Latest Stories

  • China Targets U.S. Tech Industry with Rare Earth Export Freeze
  • Porsche Taycan GTS Breaks Guinness Record with 10.9-Mile Ice Drift
  • Africa's MPOX Variant Clade 1b Reaches France: Health Officials Take Action
  • LA Wildfires’ Economic Toll Hits $50 Billion, Doubling Early Estimates
  • Real Reason Trump Wants Greenland and the Panama Canal: Geopolitical Dominance
  • Biden Targets China, Russia with New Semiconductor Export Limits

You May Also Like

  • 1
    New Drug Helps Patients with Myasthenia Gravis Breathe and Speak Easier

    LIFESTYLE 

  • 2
    Bristol-Myers’ Schizophrenia Drug Falls Short in Key Trial

    LIFESTYLE 

  • 3
    Novavax COVID Vaccine Still on Hold—More Trials Needed, Says FDA

    LIFESTYLE 

  • 4
    Want to Lower Your Blood Pressure? Eat More Bananas, Study Says

    LIFESTYLE 

  • 5
    Weekend Workouts Are Enough to Cut Diabetes Risk, Study Says

    LIFESTYLE 

Popular Now

  • 1
    Brushing Right After Eating Could Hurt Your Teeth—Here’s Why

    LIFESTYLE 

  • 2
    Early Bedtimes Could Help Teens Boost Brain Power, Study Finds

    LIFESTYLE 

  • 3
    Scientists Find a New Reason to Snack on Walnuts

    LIFESTYLE 

  • 4
    It’s Not Just How Long You Sleep—It’s How You Sleep That Matters

    LIFESTYLE 

  • 5
    Want to Live to 100? Start Eating Like They Do in the Blue Zones

    LIFESTYLE 

Must-Reads

  • 1
    New Drug Helps Patients with Myasthenia Gravis Breathe and Speak Easier

    LIFESTYLE 

  • 2
    Bristol-Myers’ Schizophrenia Drug Falls Short in Key Trial

    LIFESTYLE 

  • 3
    Novavax COVID Vaccine Still on Hold—More Trials Needed, Says FDA

    LIFESTYLE 

  • 4
    Want to Lower Your Blood Pressure? Eat More Bananas, Study Says

    LIFESTYLE 

  • 5
    Weekend Workouts Are Enough to Cut Diabetes Risk, Study Says

    LIFESTYLE 

Popular Now

  • 1
    Brushing Right After Eating Could Hurt Your Teeth—Here’s Why

    LIFESTYLE 

  • 2
    Early Bedtimes Could Help Teens Boost Brain Power, Study Finds

    LIFESTYLE 

  • 3
    Scientists Find a New Reason to Snack on Walnuts

    LIFESTYLE 

  • 4
    It’s Not Just How Long You Sleep—It’s How You Sleep That Matters

    LIFESTYLE 

  • 5
    Want to Live to 100? Start Eating Like They Do in the Blue Zones

    LIFESTYLE 

Share it on...