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Trump's second son: Bitcoin is a better investment than real estate, and those who embrace cryptocurrency early will succeed

Trump's second son: Bitcoin is a better investment than real estate, and those who embrace cryptocurrency early will succeed

CointimeCointime2024/12/11 06:12
By:Cointime

On December 11th, Eric Trump, the second son of Trump, answered questions during an interview at the "Bitcoin Middle East and North Africa Conference" in Abu Dhabi, on why Bitcoin is a better investment than real estate. "The Trump family relies on real estate to make a living. It's our passion and we understand it better 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. Yes, that's the advantage of cryptocurrency. If I want to build a hotel, it may take five years, and if I want to sell the hotel, it may take two years. Real estate lacks liquidity. If London happens to be a better market, it would be very difficult to transfer Trump Tower to London. Investing in Bitcoin has no bankers, no lawyers, no property companies, no intermediaries, no fire risk, no flood, tornado, or hurricane risk. It's a beautiful thing. I think investing in cryptocurrency is investing in the future. I firmly believe that those who embrace it early will succeed. Those who are unwilling will fall behind."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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