Reported 1 day ago
Eric Trump, co-founder of American Bitcoin Corp., described Bitcoin as 'modern-day gold' during a CNBC interview, emphasizing its security and role as a hedge in traditional finance. He highlighted the growing institutional adoption of Bitcoin and the company's origins from Hut Eight's restructuring, driven by the vulnerabilities revealed in traditional banking. Trump forecasts a significant transformation in financial markets through blockchain technology, warning that institutions that fail to adapt may face decline.
Source: YAHOO