Eric Trump, who has investments in Bitcoin (BTC) and three altcoins, warned banks! “10 years later…”

While US President Donald Trump is drawing attention with his Bitcoin and cryptocurrency moves, his son Eric Trump is also following in his father’s footsteps. Eric Trump, who also attracted attention with his altcoin investments, warned banks that if they do not adopt crypto, they will disappear within 10 years. Speaking to CNBC, Donald Trump’s son Eric Trump warned banks. Eric Trump has criticized the traditional financial system as slow, expensive and biased towards the extremely wealthy. On the other hand, he emphasized that cryptocurrencies offer faster and cheaper alternatives compared to the traditional financial system. “Systems like SWIFT are a disaster. The traditional banking system is slow and inefficient. What inspired me to get into cryptocurrencies was the realization that the banking system was being used as a weapon against the majority of people in our country. I’m telling you if banks don’t realise what’s coming they will be gone in 10 years. “Right now, you can open a cryptocurrency app and transfer money from wallet to wallet instantly, without any bank fees.” Eric Trump also argued that decentralized finance (DeFi) could replace traditional banks and that peer-to-peer transactions could be more efficient. Eric Trump stated in a statement he made earlier this year that he also invested in cryptocurrencies and that he had altcoins named Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Sui (SUI). Related News: Donald Trump’s Son Eric Trump Reveals Three Altcoins He Invested In Apart From Bitcoin (BTC)! *This is not investment advice. Continue Reading: Eric Trump, who has investments in Bitcoin (BTC) and three altcoins, warned banks! “10 years later…”

Source: BitcoinSistemi