The son of US President-elect Donald Trump described Bitcoin as a critical global asset with transformative economic potential.
Trump emphasized Bitcoin’s unique characteristics — including its decentralized nature and limited supply of 21 million coins. He compared the cryptocurrency’s adoption trajectory to email’s slow but eventual widespread acceptance, noting technological transformations often take decades.
The businessman highlighted Bitcoin’s value propositions beyond traditional investments. “It’s a store of value. It’s a hedge against inflation, political turmoil, and natural disasters,” Trump said during his address.
“I can tell you a hell of a lot more eyes are going to be opened when Bitcoin hits US$1 million. And I’m confident it’s going to hit US$1 million.”
Drawing parallels to other technology adoptions, Trump shared an anecdote about a banking executive who previously dismissed cryptocurrency — yet now sees his institution creating crypto trading desks and developing related financial products.
“We’re going to see that banks have to adapt. Governments will adapt,” Trump stated. “Those who come in early are going to be the people who win.”
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