Trump's second son Eric Trump: Bitcoin is the currency of the future and the greatest asset of this era.

Eric Trump, the second son of Trump, once again publicly supports Bitcoin. He stated at the Yahoo Finance Invest conference that Bitcoin (BTC) and other crypto assets will become the currency and investment vehicles of the future. (Background: Eric Trump: I am 'All in' on Bitcoin! The wealthiest families, funds, and Fortune 500 companies all want BTC) (Context: Eric Trump posted urging to 'buy the dip' on crypto assets! Can you trust his market call?) Eric Trump, the son of U.S. President Trump, recently stated at the Yahoo Finance Invest conference that Bitcoin (BTC) and other crypto assets will become the currency and investment vehicles of the future. He candidly said: 'It is the most powerful inflation hedging tool… against corruption… against a poorly managed global monetary system. That is why you see a flood of global capital into Bitcoin. It has likely become the greatest asset of our time.' He further pointed out: 'Blockchain solves many problems that have been weaponized in banking, a phenomenon that affects not only the United States but many people around the world.' The Trump family bets on crypto Eric Trump's strong embrace of crypto is also reflected in the Trump family's strategic pivot in the financial sector. In recent years, the Trump family has faced unexpected account closures or service refusals from banks multiple times due to political positions, making them deeply aware of the 'arbitrary' power of the traditional financial system. Now, their family has fully turned to Decentralized Finance: Trump himself not only accepts political donations in crypto but also launched a meme coin with family characteristics; the Trump family is actively participating in the DeFi space through World Liberty Financial, issuing governance tokens and stablecoins. Perhaps in their eyes, Bitcoin is no longer just an investment target, but also a political tool against the monopoly of traditional finance. Eric Trump operates a Bitcoin mining farm The American Bitcoin company, co-founded and led by Eric Trump, has established its primary mining farm in West Texas. Thanks to the low local electricity prices, coupled with the company's direct ownership of power plants and data centers, the mining power cost is significantly reduced, with the average production cost of each Bitcoin being only about half of the spot price. Eric Trump publicly stated that he aims to turn Texas into the 'global super center for crypto mining' and plans to upgrade the park into a hybrid computing center capable of simultaneously supporting artificial intelligence training, thereby dispersing the profit pressure brought by Bitcoin Halving cycles. Related reports Eric Trump does not rule out 'running for the 2028 U.S. presidency', could a crypto president become a reality? Zhao Changpeng CZ: I have not had any dealings with WLFI for clemency! I have only met Eric Trump once Eric Trump warns 'don't short BTC, ETH now': you will be squeezed <Eric Trump: Bitcoin is the currency of the future, the greatest asset of this era> This article was first published on BlockTempo, the most influential blockchain news media.