The Trump family intensifies support for Bitcoin, making crypto a central part of their political-business strategy

At the Bitcoin 2025 conference held in Las Vegas, Eric Trump and Donald Trump Jr. appeared to praise cryptocurrency and criticize the traditional financial system. They argued that being 'debanked' and denied banking services is the reason their family has turned to support crypto.

The two brothers urged the audience to 'buy Bitcoin' and introduced the decentralized financial platform World Liberty Fi backed by the Trump family. Eric Trump even stated, 'I want to see a few big banks go extinct because they deserve it.'

This event takes place in the context of the second Trump administration clearly showing a pro-crypto stance:

• Signing multiple decrees supporting Bitcoin

• Banning the issuance of CBDCs

• Protecting miners' rights

• Easing regulations on crypto exchanges like Kraken and Coinbase

In addition to policy, the Trump family is also directly involved in this sector:

• Launching Trump-branded NFTs and meme coins

• Attending exclusive events for $Trump investors

• Investing in Bitcoin ETFs and the American Bitcoin mining project, soon to be listed

• Raising $2.5 billion for crypto activities

However, they also face criticism over conflicts of interest, as they leverage their political position to profit from a market they are actively promoting. An independent report shows that crypto currently accounts for up to 40% of the Trump family's net worth, with an increase in value of about $2.9 billion recently.