**Bitcoin: The New Gold Standard for Wealth and Power, Says Eric Trump**
According to Eric Trump, Bitcoin is no longer an experiment—it’s the new gold standard for wealth and power. In his latest remarks, the son of U.S. President Donald Trump highlighted that the cryptocurrency’s global demand has reached unprecedented levels, attracting the world’s largest investors, companies, and even national governments.
Trump expressed his belief that Bitcoin’s long-term trajectory points to a valuation that could one day hit $1 million, adding that he is “totally committed” to its success. “The biggest families want it, the most powerful investment houses are buying it, and major corporations are adding it to their balance sheets,” he said.
### From Energy Reserves to Corporate Vaults
Eric Trump pointed out a growing shift among nations and businesses using Bitcoin as a store of value. He noted how some countries have started channeling surplus energy resources into Bitcoin mining, effectively turning excess electricity into digital reserves.
“This is a global reallocation of value,” he explained. “Bitcoin has proven itself as a world-class asset — it’s in portfolios, it’s in sovereign strategies, and it’s not going anywhere.”
### Bitcoin Enters the Mainstream
Trump credited the rise of exchange-traded funds (ETFs) and the inclusion of Bitcoin in 401(k) and Roth IRA plans for making it easier for everyday investors to gain exposure to the cryptocurrency. He argued that these mainstream financial tools have transformed what was once a niche investment into a pillar of modern finance.
He also mocked skeptics who once dismissed Bitcoin’s rising price, recalling how investors repeatedly hesitated as it climbed through milestone after milestone. “When it was $50,000, they said it was expensive. At $80,000, they said it again. Now it’s $125,000 and they’re still waiting,” he quipped.
### Faith in the Digital Economy
Eric Trump expressed pride in the progress made by his company, AmericanBitcoins, describing it as a bridge between traditional finance and the digital future. “I’m more proud than ever of what we’re building,” he said, adding that he expects Bitcoin to outperform most traditional assets in the coming years.
He concluded by reaffirming his conviction that Bitcoin will continue to lead global markets as confidence in the asset spreads. “I believe in Bitcoin’s rise,” he stated. “This asset will define the next generation of wealth creation.”
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*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*
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**About the Author**
Alex is an experienced financial journalist and cryptocurrency enthusiast with over 8 years of experience covering the crypto, blockchain, and fintech industries. Well-versed in the complex and ever-evolving world of digital assets, Alex provides insightful and thought-provoking articles that give readers a clear picture of the latest developments and market trends. His approach breaks down complex ideas into accessible, in-depth content. Follow his publications to stay up to date with the most important trends and topics in the digital economy.
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