• 34ºc, Sunny

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

On December 11, Trump's second son Eric Trump answered a question during a backstage interview at the "Bitcoin Middle East and North Africa Conference" in Abu Dhabi, "Why Bitcoin is a better investment than real estate." "The Trump family made their fortune on real estate, it's something we love, and we know real estate better than anyone. 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, and yes that's the advantage of cryptocurrencies. If I want to build a hotel, it can take five years, if I want to sell it, it can take two years. Real estate is illiquid. If London happened to be a better market, it would be tough to move Trump Tower to London. Investing in bitcoin has no bankers, no lawyers, no title companies, no middlemen, no risk of fire, no risk of floods, tornadoes or hurricanes, and it's a beautiful thing. I believe that investing in cryptocurrency is investing in the future, and I am convinced again that those who embrace it early will succeed. Those who don't will fall behind. "