Eric Trump claims that the culture of bank bans and boycotts has prompted his family to continue to expand its efforts in the crypto industry."
According to online reports, Eric Trump, the second son of U.S. President, revealed in an exclusive interview with Fox Business Channel that it is the three major factors of "autonomy, bank blocking and boycott culture" that have driven his family to continue to increase its deployment of the encryption industry. Eric Trump said on Tuesday when discussing banks '"weaponization" of the Trump family: "Every bank cancels business with us for no reason, just because before my father entered politics, I never thought I would get involved in the cryptocurrency field, and they targeted us fiercely. It wasn't until then that I realized the importance of cryptocurrencies." In addition to praising the censory-resistant nature of cryptocurrencies, Eric Trump also pointed out that the technology is a huge improvement compared to the contemporary financial system. He said cryptocurrencies are "cheaper, faster and more transparent." "Everything" banks can do, cryptocurrencies can do better. Eric Trump specifically pointed out that stablecoins will help support the dollar while fundamentally changing the face of "finance and banking" in the coming decades.
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