Eric Trump stated that everybody in the world is trying to hoard Bitcoin right now.
He labeled SWIFT as a disaster
Trump’s son said that his company American Bitcoin will rival MicroStrategy.
In a recent interview, Eric Trump emphasized the global rush to accumulate Bitcoin, stating that everybody in the world is trying to hoard Bitcoin right now. He mentioned two primary races in the Bitcoin ecosystem. The first one is the accumulation race, led by figures like Michael Saylor (co-founder of MicroStrategy), and the second one is the mining race, which he wants to dominate through his company, American Bitcoin.
Additionally, in another interview, Trump’s second son criticized traditional financial systems, labeling SWIFT as a disaster and advocating for the adoption of blockchain technologies, cryptocurrencies, and stablecoins. He warned that banks failing to adapt to these innovations risk obsolescence within a decade.
SWIFT, short for Society for Worldwide Interbank Financial Telecommunication, is a network that facilitates secure and standardized messaging for international money transfers.
Trump continued saying that his company American Bitcoin …
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