President Donald Trump draws attention with his Bitcoin and cryptocurrency moves, while his son Eric Trump is also following in his father's footsteps.
Eric Trump, known for his altcoin investments, warned that banks will disappear within 10 years if they do not embrace crypto.
Eric Trump, son of Donald Trump, warned banks in an interview with CNBC. Eric Trump criticized the traditional financial system as being slow, expensive, and favoring the extremely wealthy.
In contrast, it emphasized that cryptocurrencies offer faster and cheaper alternatives compared to the traditional financial system.
"Systems like SWIFT are a complete disaster. The traditional banking system is slow and inefficient.
It became clear to me that the banking system that encourages me towards cryptocurrencies is being used as a weapon against the majority of people in our country.
I am saying that if banks do not realize what is coming, they will disappear within 10 years.
You can currently open a cryptocurrency application and transfer money instantly from wallet to wallet without any bank fees.
Eric Trump also argued that decentralized finance could replace traditional banks and that peer-to-peer transactions could be more efficient.
In a statement made earlier this year, Eric Trump mentioned that he has also invested in cryptocurrencies, stating that he holds Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI) altcoins.
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Bitcoin (BTC) and Eric Trump, who has invested in three altcoins, warned the banks! "10 Years Later...."
President Donald Trump draws attention with his Bitcoin and cryptocurrency moves, while his son Eric Trump is also following in his father's footsteps.
Eric Trump, known for his altcoin investments, warned that banks will disappear within 10 years if they do not embrace crypto.
Eric Trump, son of Donald Trump, warned banks in an interview with CNBC. Eric Trump criticized the traditional financial system as being slow, expensive, and favoring the extremely wealthy.
In contrast, it emphasized that cryptocurrencies offer faster and cheaper alternatives compared to the traditional financial system.
Eric Trump also argued that decentralized finance could replace traditional banks and that peer-to-peer transactions could be more efficient.
In a statement made earlier this year, Eric Trump mentioned that he has also invested in cryptocurrencies, stating that he holds Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI) altcoins.