US President-elect Donald Trump’s son, Eric Trump, recently said that cryptocurrency is the future. Indeed, the son of the returning commander-in-chief discussed the potential of the asset class in a recent interview with Bloomberg. Specifically, he noted the advantages that digital assets pose over traditional banking.
The recent interview comes after Trump recently noted there is a path for the United States to become a crypto superpower. With talks of a strategic Bitcoin reserve in the country and a pro-Bitcoin president taking office, it could be a shift in sentiment for the nation’s leadership.
JUST IN: 🇺🇸 President-elect Trump's son Eric Trump says cryptocurrency is the future.
"I believe that cryptocurrencies are the future. Banking is slow as hell, it's antiquated, and it doesn't work. It doesn't make any sense that banks run on 9-to-5 schedules, five days a week." pic.twitter.com/PhEEyCMFHJ— Watcher.Guru (@WatcherGuru) December 10, 2024
Also Read: Donald Trump to Focus on Bitcoin Throughout Impending Presidency
Eric Trump Says Crypto is The Future, Explains Why Traditional Banking ‘Doesn’t Work’
For the last month, Bitcoin has dominated discussion in the finance sector. The leading cryptocurrency surged to a six-figure price for the first time in its history. Moreover, the incoming presidential administration is looking to ensure that is just the beginning fo the asset.
Among the plethora of voices championing crypto’s potential, US President-elect Donald Trump’s son, Eric Trump, has recently called cryptocurrency the future. Indeed, he discussed why they represent the potential of finance and the evolution of banking.
Also Read: BRICS & US Set for Race to Bitcoin Supremacy in 2025
“I believe cryptocurrencies are the future,” Trump told Bloomberg. “Banking is slow,” he added. “It’s antiquated, and it doesn’t work. It doesn’t make any sense that banks run on 9-to-5 schedules, five days a week.”
This is not a new sentiment from Trump’s son, as he has echoed similar remarks earlier this week. Speaking to CNBC, he said “sensible” regulation could help develop the US into a crypto superpower. Additionally, he reiterated his father’s desire to “make America the crypto capital of the world” during his second term as president.
