### **๐ฅ Eric Trump: "Big Banks Will Be Left Behind by Crypto!"**
#### **๐ฅ Controversial Statement at Token2049 Dubai**
- **Eric Trump** (Executive Vice President of the Trump Organization) believes **crypto will replace traditional banks**:
- *"The modern financial system is broken... Crypto is 100x more innovative!"*
- *"Banks will become extinct like old film cameras."*
- **Criticism for banks**:
- Too reliant on **fees** that are difficult to apply in the crypto world.
- *"Glad to see banks fall by the people they attack."*
#### **๐ Crypto = Financial Freedom**
- **"Anyone with a phone can access finances through crypto"** โ Not dependent on unstable governments/currencies.
- **Praise for the UAE**, criticism for Europe: *"The US is 1,000% better than Europe for business."*
#### **๐ค Trump Family's Involvement in Crypto**
- **Eric Trump** is a **Web3 Ambassador at World Liberty Financial** (the Trump family's crypto project).
- **Justin Sun (TRON)** buys **$30 million WLFI tokens** & becomes an advisor to the project.
- **World Liberty's business model**:
- **Two-way transactions** โ Other projects must buy WLFI if they want World Liberty to buy their tokens.
- Example: World Liberty buys **$10 million TRX** after Sun buys WLFI.
### **๐ Conclusion**
- **The pro-crypto narrative of the Trump family is getting stronger** โ Potential regulatory support in the US.
- **World Liberty Financial is in the spotlight**, but its business model is questioned.
