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Eric Trump: “Bitcoin is capped at 21 million.”

Featuring: Eric Trump, Executive Vice President of the Trump Organization | National

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Published | Video Starts at 47:29

The higher the price of any commodity goes, the more money you can put into mining more of it. So you're actually just increasing supply. Bitcoin's Bitcoin is capped at 21 million. It will always be 21 million. There will never be another bitcoin created. And so it really creates massive compression. (47:29–47:32)

CLAIM

Asserts that the total supply of bitcoin is limited to 21 million units.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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