According to The Block, Eric Trump, the second son of the US President, revealed in an interview with Fox Business Channel that it is the three major factors of "autonomy, bank censorship, and resistance culture" that are driving his family to continue to increase their investment in the cryptocurrency industry. Eric Trump said on Tuesday during a discussion about the "weaponization" of the Trump family by banks, "Every bank has cancelled its business dealings with us for no reason, just because before my father entered politics, I never thought I would get involved in the cryptocurrency field. They viciously targeted us. It was only then that I realized the importance of cryptocurrency
In addition to praising the anti censorship features of cryptocurrencies, Eric Trump also pointed out that this technology has made significant improvements compared to the contemporary financial system. He stated that cryptocurrencies are "cheaper, faster, and more transparent". Everything that banks can do, cryptocurrencies can do better. Eric Trump specifically pointed out that stablecoins will help support the US dollar and fundamentally change the face of "finance and banking" in the coming decades.
