Eric Trump: Bitcoin Has No "Management," No Issues of Corruption, Fraud, or Abuse
ChainCatcher reports that Eric Trump, the second son of Trump, stated on the Full Send podcast that the total supply of bitcoin is fixed at 21 million, which he described as a "beautiful" design. Unlike commodities such as gold, bitcoin's supply cannot be expanded through continuous mining. This limitation creates true scarcity, making it a global asset.
In addition, he mentioned that bitcoin is easier to transfer globally compared to gold, and since bitcoin has no "management," there are no issues of corruption, fraud, or abuse.
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.
You may also like
Financial Times: Stablecoins Will Usher in a "Supercycle" Reshaping the Banking Industry Within Five Years
