At the Bitcoin MENA 2024 conference in Abu Dhabi, Eric Trump, Vice President of the Trump Organization, expressed confidence that the price of Bitcoin could reach $1 million in the near future. He noted that the main advantages of cryptocurrency lie in its decentralization and limited supply, which makes it a reliable tool for protection against inflation and political instability.
Trump emphasized that Bitcoin helps to bypass complex banking structures, saving resources for citizens and companies, and highlighted its value as a global financial instrument. He also criticized the Biden administration for its negative attitude toward the crypto market and stated that countries adopting Bitcoin will become leaders of the digital revolution. Eric Trump is confident that as the price of Bitcoin rises to $1 million, it could become a world currency.