Trump's second son: Bitcoin is a better investment than real estate, and those who embrace cryptocurrency early will succeed
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Odaily Odaily News: Eric Trump, the second son of Trump, answered the question "Why Bitcoin is a better investment than real estate" in a backstage interview at the "Bitcoin Middle East and North Africa Conference" in Abu Dhabi. "The Trump family made their fortune in real estate. This is a business we love, and we understand real estate better than anyone. But if you want to talk about the advantages of Bitcoin over real estate, I think the biggest advantage is that it can be converted into cash immediately, and yes, this is the advantage of cryptocurrency. If I want to build a hotel, it may take five years, and if I want to sell the hotel, it may take two years. Real estate lacks liquidity. If London happens to be a better market, it would be difficult to move the Trump Tower to London. Investing in Bitcoin has no bankers, no lawyers, no title companies, no middlemen, no fire risks, no risks of floods, tornadoes or hurricanes, which is a beautiful thing. I think investing in cryptocurrency is investing in the future, and I once again firmly believe that those who embrace it early will succeed. Those who are unwilling will fall behind."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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