Eric Trump: Bitcoin Enables Finance With ‘No Disparity’ Between Classes
Eric Trump stated at the Bitcoin Asia conference that Bitcoin eliminates socioeconomic disparities in finance, asserting it provides equal opportunities regardless of wealth. He emphasized that traditional finance benefits the wealthy, allowing them to negotiate better loan terms, while Bitcoin does not favor any class. Trump described Bitcoin as a revolutionary asset that is increasingly accessible to the masses, contrasting this with the heavy investments from sovereign wealth funds and corporations. Experts noted that while Bitcoin has decentralized elements, the industry is still dominated by large holders and institutions. Crypto offers unique opportunities for individuals in developing economies, but access remains limited for many due to socioeconomic barriers. The potential for true financial inclusion through blockchain technology is acknowledged, but significant challenges persist.
