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Eric Trump: “We're mining it [bitcoin] at 50 cent dollar to obviously the…”

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

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Eric Trump: Bitcoin will crush Wall Street's old finance system

Published | Video Starts at 05:07

I think it's the greatest asset of our time, going up 70% a year, year over year. And I think at American bitcoin we do it better than anybody. We're mining it [bitcoin] at 50 cent dollar to obviously the cost of Bitcoin which is about 114,000 bucks right now. But on the, on the stablecoin side, I really do believe it ensures that the US dollar remains the reserve currency of the world. (05:07–05:14)

CLAIM

Asserts that American Bitcoin mines bitcoin at a cost of 50 cents per dollar compared to its market price.

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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