Bitcoin is set to transform the financial world, offering freedom to those often overlooked by traditional banks. Eric Trump, son of U.S. presidential-elect Donald Trump, shared his views during the Bitcoin MENA Summit in Abu Dhabi. He called Bitcoin “the future” and confidently predicted that his father would become the most pro-crypto president in U.S. history.
“I truly believe Bitcoin is the future,” Eric Trump stated, addressing a packed audience. “This is the start of a global financial revolution. Bitcoin represents a fundamental change in how we think about money, wealth, and the future.”
A Shift in Finance
The two-day summit, held at Abu Dhabi’s ADNEC Centre, brought together cryptocurrency experts and thought leaders to discuss Bitcoin’s potential, mining opportunities, and ways to leverage the technology further.
Eric emphasized Bitcoin’s ability to “level the playing field” globally. “The current financial system is outdated, inefficient, and costly,” he said. “It fails to serve hundreds of millions worldwide. Bitcoin isn’t just an asset; it’s a solution. It’s decentralized, transparent, and empowering, enabling people to build wealth independently from the traditional banking system that has left most people behind.”
America: The Future Crypto Capital
Eric Trump boldly predicted that his father would turn America into the leading crypto nation. “My father will be the most pro-crypto president in history,” he said. “America will lead the digital revolution. He’s the first president to embrace crypto and speak at a Bitcoin conference. That’s a game-changer.”
He recalled a recent milestone where Bitcoin hit $100,000 for the first time. “I called my father and said, ‘Pops, we’ve hit the moment everyone was waiting for.’ True to his style, within seconds, he tweeted about it. America will have a president committed to making the country the crypto capital of the world.”
Disrupting Traditional Systems
Eric also highlighted how cryptocurrencies could disrupt outdated banking systems. “Why do we need tens of thousands of bankers in skyscrapers pushing outdated paperwork and charging high fees? Blockchain can do all that more efficiently,” he stated. “This technology is the biggest disruption to the modern financial system.”
He criticized banks for their inefficiencies. “Why does it take months for a young couple to secure home financing? Why do banks operate only during limited hours? With Bitcoin, I can trade at midnight on a Saturday, right from my phone.”
Exciting Ventures in the UAE
As a construction entrepreneur, Eric praised the UAE as a dream destination for developers. “I’m currently working on a big hotel in Dubai and starting another project in Abu Dhabi,” he shared. “The UAE encourages innovation and growth. If you can dream it, they’ll support you to make it happen.”
