In a recent discussion, Eric Trump argued that Bitcoin is more valuable than gold, citing its fixed supply, ease of use, and transparent rules as drivers of increasing global demand. He explained to Grant Cardone that investors increasingly view Bitcoin as a core store of value due to the asset’s capped issuance and its ability to facilitate instant transfers without limitations imposed by physical metals.
Trump highlighted how Bitcoin’s fixed supply model attracts investors seeking stable, authority-free assets. He further contrasted this with traditional gold, emphasizing Bitcoin’s mobility for quick international transactions. This point was exemplified when Trump recalled an investor asking about the production of physical coins through mining, only to be clarified that Bitcoin operates on a preset system with clear rules and supply.
The discussion also touched upon the misconception surrounding Bitcoin’s mining process, showcasing how miners follow pre-defined code to create digital units, demonstrating its deflationary nature. This, he argued, adds further value to the asset as it ensures long-term stability.
Trump emphasized that Bitcoin’s simple framework and transparent rules have attracted significant investor interest worldwide. He explained how these features make the asset readily understandable and appealing to a global audience.