Eric Trump Compares Bitcoin to Digital Gold at CoinDesk's Consensus 2025

Eric Trump, son of U.S. President Donald Trump, got attention at CoinDesk's Consensus 2025 in Toronto by saying that Bitcoin is like digital gold and can hold its value over time.

At CoinDesk's Consensus 2025 in Toronto, Eric Trump, son of U.S. President Donald Trump, drew attention with his thoughts on Bitcoin. In a conversation with a packed crowd, Trump compared Bitcoin to "digital gold," emphasizing its ability to hold value over time.

Trump, known for his family's real estate empire, explained how he came to be interested in crypto. He said it began with what he observed in the political domain and later through his own experiences.

"I really believe in digital gold, which is Bitcoin," Trump stated, adding that he prefers the term "digital gold" to highlight Bitcoin's unique properties.

While his background lies in real estate, Trump mentioned that he only truly entered the crypto world when he saw the political attacks against his family and the crypto community.

"When the same group started attacking my family and the crypto space, it brought us together," Trump noted, explaining that this connection helped him recognize the value in digital assets.

The president's son further highlighted how Bitcoin's liquidity surpasses that of real estate. "I sold a hotel two years ago, and it took me a year and a half. But with Bitcoin, transactions are easy. You don't need to manage it like real estate."

Serving as the chief strategy officer of American Bitcoin, a mining firm he co-founded with Hut 8, Trump is also involved in a company planning to go public through a merger with Gryphon Digital Mining (NASDAQ:GRYP).

Trump asserted that the company's name was crucial. "It had to have the word American, and it had to have the word Bitcoin in it."

With his increasing presence in the crypto domain, Eric Trump is quickly emerging as a significant voice for Bitcoin and its future as a digital store of value.