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Bonnie Blockchain Exclusive Interview with Trump's Son: Discussing the Art of Trading, Childhood Memories, and Why He Will Never Sell Bitcoin
Bonnie Blockchain Interviews Eric Trump, Son of Donald Trump. He is optimistic about the new Federal Reserve Chair appointment, emphasizing that the U.S. must lead in AI and the crypto industry. Inspired by “The Art of the Deal,” his company focuses on low-cost mining and steadfastly refuses to sell Bitcoin, differing from MicroStrategy’s approach.
Eric Trump, son of Donald Trump, discusses in an interview
Taiwan’s crypto YouTuber Bonnie Blockchain uploaded a video yesterday (5/12) interviewing Eric Trump, son of Donald Trump. He explored the impact of the new Federal Reserve Chair nomination, the competition between cryptocurrencies and AI, and how his father’s book “The Art of the Deal” has influenced his business philosophy.
He also generously shared childhood memories with his father, and revealed that even now, as a 42-year-old man with grayish beard, his father still affectionately calls him Honey, showcasing the deep father-son bond within the Trump family.
Looking forward to the new Fed Chair, the U.S. must lead in energy and AI competition
The Fed nominee Kevin Warsh has been approved to join the Board of Governors, paving the final path for him to succeed Powell as the next Chair.
Eric Trump believes that because Warsh has a deep understanding of technology and the crypto industry, this is a major boon for the overall industry’s development. Compared to the government’s previous lack of understanding of cryptocurrencies, the new administration’s stance will undergo a 180-degree shift.
Eric Trump also mentioned that the U.S. possesses top-tier energy infrastructure, which is a key competitive advantage. If Europe attempts to compete with the U.S. in AI or crypto, they will lack sufficient energy infrastructure and will completely lose the opportunity.
He believes that if the U.S. fails to dominate the market, Asian or Middle Eastern countries will step in, so America must become the leader in technological development.
Image source: Bonnie Blockchain Eric Trump, son of Donald Trump, believes the U.S. must lead in AI and crypto industry competition
Cryptocurrencies Break Down Traditional Barriers, Achieve Global Digital Finance
Eric Trump believes that the development of cryptocurrencies can absolutely create a win-win situation worldwide.
Based on his observations, in countries facing hyperinflation, poor banking systems, or high government corruption, Bitcoin provides a relatively safe haven for wealth, ensuring that people’s assets are not arbitrarily confiscated by the government overnight.
Cryptocurrencies have also successfully broken down many barriers of traditional finance. In the past, remitting money via the Swift system to Morocco often involved language barriers and cumbersome bank procedures, but crypto technology can easily enable real-time global transfers. This concept is 100% about globalized digital finance.
However, he emphasizes that the greatest tangible beneficiaries of this global financial freedom initiative are still the U.S., because the most desired asset in the global market remains the dollar.
“The Art of the Deal” Establishes Business Principles, Father as Best Friend
Regarding his personal business philosophy, Eric Trump states that his father’s book “The Art of the Deal” has almost become his lifelong business principle.
The book’s emphasis on negotiation and keeping things simple are core strategies he applies in managing Bitcoin reserves and his mining company, American Bitcoin. This helps the company maintain the industry’s lowest operating costs and avoid spending funds on exorbitant executive salaries.
Eric Trump mentions that his father is his best friend in the world, and they often say “I love you” to each other. He recalls the best childhood moments, such as touring New York construction sites with his father, watching steel and concrete rise into superstructures.
Another precious memory is building skyscrapers with LEGO bricks on his father’s office floor while quietly listening to his father’s incredible business meetings.
坚持低成本开采策略,与微策略囤币逻辑大不同
Eric Trump emphasizes that the only metric for American Bitcoin is increasing Bitcoin reserves. Unless a catastrophic event occurs, the company will never sell Bitcoin.
He divides the Bitcoin market competition into two models:
Recently, MicroStrategy announced in its earnings call that it might sell Bitcoin to pay dividends, drawing investor attention. Noted gold advocate Peter Schiff criticized MicroStrategy’s decision to issue preferred stock to pay dividends as a Ponzi scheme.
Saylor clarified that MicroStrategy has simply adjusted its stance to “never be a net seller of Bitcoin.” He explained that when the company sells one Bitcoin to pay dividends, it simultaneously buys 20 Bitcoin, with minimal market impact.
This contrasts sharply with Eric Trump’s strict stance of never selling and focusing solely on low-cost mining, representing a different business development path.
Bonnie Blockchain Full Interview with Eric Trump