Eric Trump says the culture of bank bans and boycotts has pushed his family to keep up the ante
Eric Trump, the second son of the US president, revealed in an exclusive interview on Fox Business that it is the three factors of "autonomy, bank blocking and boycott culture" that drive his family to continue to build up the ante crypto industry layout. Discussing the "weaponization" of the Trump family by banks on Tuesday, Eric Trump said: "Every bank canceled business with us for no reason, just because my father went into politics, I never thought I would be in the cryptocurrency space, they were vicious against us. Only then did I realize the importance of cryptocurrencies."
As well as praising the censorship-resistant nature of cryptocurrencies, Mr. Trump also pointed out that the technology was a huge improvement over the contemporary financial system. Cryptocurrencies, he said, were "cheaper, faster and more transparent". Cryptocurrencies can do "everything" that banks can do better. Specifically, Mr. Trump noted that stablecoins would help support the dollar while fundamentally changing the face of "finance and banking" for decades to come.