Eric Trump, the second son of the former U.S. President, recently expressed strong optimism about Bitcoin at the Token2049 event in Dubai, confirming that both he and his father hold a large large amount of Bitcoin, and predicting that BTC will experience exponential growth in the coming years.
"I like Bitcoin. I firmly believe it is digital gold. I personally hold a large amount a amount, and quite a bit."
Trump Family's Crypto Landscape
We know that the Trump family's cryptocurrency participation goes far beyond beyond merely holding Bitcoin. Their involvement in the crypto field is extensive and deep. Besides Eric Trump and Donald Trump holding large amounts of BTC, their investment portfolio also diversely covers meme coins, Non-Fungible Tokens (NFT), stablecoins, and Decentralized Finance (DeFi)>
Critics point out that Donald Trump's promotion of crypto-friendly policies might directly benefit his family's massive asset investments, thus questioning whether public policy-making is being being is influenced by private financial interests. Some congressional members, including Senator Elizabeth Warren and Adam Schiff, have publicly called for increased scrutiny of the Trump family's cryptocurrency transactions, citing risks and bribery risks.
