Eric Trump affirms that the adoption of cryptocurrencies is the future of the USA.
Eric Trump and his brother Donald founded a company with which they hope to attract investors with the aim of replacing banks even in the US.
Eric Trump, son of the current US president, maintains that the future of the nation is based on the adoption of cryptocurrencies.
While his father tries to guide the United States to regain the prominence it long had internationally, surrounded by enormous controversy, his offspring Eric and Donald Trump Jr. are dedicating themselves to closing million-dollar deals in various areas, including the issuance of cryptocurrencies.
Since they founded American Bitcoin (ABTC) in March of this year, but especially after it began trading on the Nasdaq, the Trumps' reputation as pioneers in the cryptocurrency sector has been on the rise.
Their Bitcoin mining and accumulation company focuses on accumulating a reserve of said cryptocurrency as a strategic asset on its balance sheet with the aim of providing long-term stability.
To achieve this purpose, they use specialized computer equipment that allows them to validate transactions and obtain rewards in the form of bitcoins, which after a few months of operating has yielded succulent profits to the children of the 79-year-old Republican, whose company is already valued at close to $500 million dollars.
“Our main objective is to increase the price of Bitcoin per share and build the Bitcoin infrastructure right here in the United States. If you think In American Bitcoin, it's not just a mining company, it's not just a Treasury... It's the best of both worlds," said Eric Trump during an interview with The New York Post.
In the perspective of the visionary 41-year-old businessman, the rise of cryptocurrencies can help boost the economy of Americans tired of dealing with banks and the fees they charge.
"People are fed up with traditional finance because it has never worked well for them... they keep your money, they overcharge you with every fee... cryptocurrencies solve all these problems. We are digitizing the entire system and eliminating intermediaries... If you want to make transactions,You don't need a bank.
In a tokenized world, you're giving people the ability to choose the asset they want to invest in, save a ton of fees, and direct that exposure. This is a new way of financing the nation," he stressed.