Trump's second son: Bitcoin is a better investment than real estate, investing in cryptocurrency is investing in the future

2024-12-11 13:40:45
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ChainCatcher news, Eric Trump, the second son of Trump, answered questions during an interview at the Bitcoin Middle East and North Africa Conference in Abu Dhabi, "Why is Bitcoin a better investment than real estate?"

"The Trump family made its fortune in real estate, which is a business we love, and we know more about real estate than anyone else. But if you want to talk about the advantages of Bitcoin over real estate, I think the biggest advantage is that it can be liquidated immediately, and that's the advantage of cryptocurrency. If I want to build a hotel, it might take five years, and if I want to sell the hotel, it might take two years. Real estate lacks liquidity. If London happens to be a better market, it would be very difficult to move Trump Tower to London. Investing in Bitcoin means no bankers, no lawyers, no title companies, no middlemen, no risk of fire, no risk of floods, tornadoes, or hurricanes; that's a wonderful thing."

"I believe investing in cryptocurrency is investing in the future, and I firmly believe that those who embrace it early will succeed, while those who are unwilling will fall behind."

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