Eric Trump Calls Bitcoin 'Digital Gold'

18 May 2025 at 20: 36

Reading time: 2 minutes

Eric Trump, son of Donald Trump, made a powerful statement during the Consensus 2025 event in Toronto about BitcoinHe described the renowned cryptocurrency as “digital gold” and praised its ability to retain value during times of economic and political turbulence.

Eric Trump's View on Bitcoin

From his background in the real estate sector, Eric explained that his interest in crypto came into being later, but has grown intensely through personal experiences and political developments. He criticized the inefficiency of the real estate market, giving an example of a hotel sale that took a year and a half. According to him, Bitcoin transactions are fast and easy: “You don’t have to manage it all the time like real estate”.

He also emphasized the superiority of Bitcoin’s liquidity compared to traditional real estate. Another interesting point he made was how political attacks have affected both his family and the crypto space. This, he said, has strengthened his confidence in digital currencies as a shield against political and institutional pressure. Eric currently serves as Chief Strategy Officer at American Bitcoin, a company he founded in partnership with crypto mining firm Hut 8.

They plan to go public through a merger with Gryphon Digital Mining (GRYP). On choosing his company’s name, he said, “It had to have the word ‘American,’ and it had to have ‘Bitcoin.’” With his growing involvement in the crypto space, Eric Trump is positioning himself as a prominent and compelling advocate for Bitcoin, which he sees as more than a technological experiment, but as a robust and stable option for the future.

Frequently Asked Questions

What did Eric Trump mean by “digital gold”?

Eric Trump uses the term “digital gold” to indicate that Bitcoin, like gold, provides a stable store of value, especially in uncertain times.

Why is Bitcoin better than real estate according to Eric?

He believes that Bitcoin is better than real estate because it is easier and faster to manage; with Bitcoin, transactions are fast and require less management compared to the complex and time-consuming processes of the real estate market.

What is Eric Trump's role in American Bitcoin?

Eric Trump is the Chief Strategy Officer at American Bitcoin, a position in which he makes strategic decisions and determines the direction of the company, primarily focused on expanding and strengthening its market position in the crypto sector.

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