Eric Trump Says ‘Weaponized’ Banks Pushed Him to Embrace Bitcoin Adoption

Main notes

• The major banks have ended the Trump family accounts, prompting Eric Trump towards decentralized financing alternatives.
• American Bitcoin acts as a wilderness, using mining to acquire Bitcoin systematically less than market prices.
• Trump plays Bitcoin as a perfect hedge against non -liquid properties, providing the advantages of immediate liquidity.

Eric Trump, Executive Director of Trump and co -founder of the American Bitcoin, said the measures conducted by large financial institutions to close his family bank accounts were a fundamental motivation for his entry into the encryption industry.

On September 17 Interview with BloombergTrump stated that companies including JPMorgan Chase and Bank of America sent messages that end banking services for the various family -run real estate. He claimed that the measures were of political motives and worked as a catalyst for his interest in decentralized financing.

He described the experiment as the “financial industry weapon”, which is believed to have revealed the extent of the collapse of the current and ineffective system. This opinion is shared by other public figures, as some author Robert Keusaki supports Trump’s encryption plans as a substitute for prevailing financial products.

From disappointment to the accumulation of bitcoin

This disappointment directly led to his participation with the American Bitcoin, a company that focuses on getting Bitcoin and contract

BTC
115 dollars 677



24 hours fluctuation:
1.0 %


The maximum market:
$ 2.30



Folder. 24h:
$ 51.10 b

. The company seeks to provide investors by exposure to digital assets through a strategy that is actively managed.

Michael Hu, CEO of Bitcoin America, shows that the company works as “Bitcoin accumulation”. He explained that the company uses its mining operations as one layer of a broader strategy to acquire bitcoin with a discount on the market price. This reflects a modern trend in the industry where Bitcoin reserve miners accumulate instead of selling immediately.

Voice support for encryption from the figures associated with politics led to speculation about the performance of the future market. For example, the co -founder of Bitmex, Arthur Hayes, predicts that a large gathering in the encryption market is associated with future economic policies that prefer liquidity.

Real estate and bitcoin as a financial hedge

Trump also presented his pro -bituin position through his wide real estate background lens, describing the original as the “perfect hedge” of non -liquid investments. The process of selling a commercial building for months has varied with the ability to filter large sums of bitcoin immediately.

The distinctive symbol of the real world assets is a high -growth sector, and Polygon dominates the RWA market, recently exceeding $ 1.1 billion in the total closed value, according to the report of the sand dunes. This trend of filling property with Blockchain is expanded in the world, with the Chinese giant SEAZEN real estate giant group to launch NFTS and symbolic debt version.

Trump’s general invitation adds another prominent business person to the list of those who look at digital assets as a necessary alternative to the existing financial system that can be weapons against any individual or organization.

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

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