Consensus Conference: Trump's son transforms into a Bitcoin pioneer, saying it surpasses traditional assets

B.news
16 May 2025 09:24:56 AM
At the Consensus Conference, Eric Trump expressed his high recognition of Bitcoin, calling it "digital gold", an excellent value storage tool, and that Bitcoin's liquidity is far superior to traditional real estate assets.
Consensus Conference: Trump's son transforms into a Bitcoin pioneer, saying it surpasses traditional assets

At the Consensus 2025 conference held in Toronto, Eric Trump, son of US President Donald Trump, co-founder and chief strategy officer of American Bitcoin, publicly expressed his high recognition of Bitcoin, calling it "digital gold" and a superior value storage tool, and frankly admitted that Bitcoin's liquidity is far better than traditional real estate assets.

"I really believe in digital gold, that is, Bitcoin," Trump said on stage, "I believe in its potential as a means of storing value." Although he comes from a real estate family, Trump frankly pointed out that it was the political attacks surrounding the Trump family in recent years that pushed him into the field of Bitcoin. "Originally, our family and the cryptocurrency community may not have had any intersection, but when a group that attacked my family for political purposes began to attack the cryptocurrency community, we stood together. This partnership is really great."

He also shared his personal experience, emphasizing that the complexity of real estate in transactions and management prompted him to turn to digital assets. "Two years ago, I sold a hotel, and it took me a full year and a half to complete the transaction process," he recalled. "Bitcoin can be traded almost instantly, with no management required. This made me realize that the advantages of digital assets in the modern financial system cannot be ignored."

Eric Trump is currently the co-founder and chief strategy officer of American Bitcoin, which is working with Bitcoin mining company Hut 8 and plans to go public through a merger with Gryphon Digital Mining (NASDAQ: GRYP). Hut 8 CEO Asher Genoot said at the conference that the goal of this move is to build a globally competitive Bitcoin mining platform in the United States, and through the name "American Bitcoin", it emphasizes its dual positioning of the country and technology.

"I insist that the name must include the words "America" ​​and "Bitcoin," Eric Trump emphasized. "For me, these two words mean that we will focus on national competitiveness and the future of finance."

This public appearance marks Eric Trump's clear transformation from a traditional real estate developer to a pioneer in digital assets. His speech not only further highlights the close relationship between the Trump family and Bitcoin, but also once again ignites the market's attention to the direction of US Bitcoin policy. The US government under the leadership of his father Donald Trump is also widely believed to be taking a more open crypto policy route, trying to push the US industry to stay ahead in the global digital financial competition.

With American Bitcoin planning to go public, the cryptocurrency market is welcoming a heavyweight player with a prominent background and strategic vision, whose influence may play a key role in the future of Bitcoin mining and regulatory policy making.