Eric Trump: Bitcoin Outperforms Traditional Assets as a Safe Haven
AI Summary1 min read
TL;DR
Eric Trump claims Bitcoin is the top safe haven asset, outperforming traditional ones due to 24/7 trading and low fees. His company mines Bitcoin cheaply in Texas.
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Eric Trump, son of US President Trump, believes Bitcoin is the strongest asset of this era, surpassing traditional assets as a safe haven choice. He cites advantages such as 24/7 trading and low fees, making it a crucial option for investors seeking refuge. Trump's Bitcoin mining company, American Bitcoin, operates in western Texas, taking advantage of low electricity costs to mine Bitcoin at half the market price.
