Exclusive Interview with Eric Trump: “My Dad Is My Best Friend”—America Wants to Win the Ultimate Race in AI, Energy, and Bitcoin
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Exclusive Interview with Eric Trump: “My Dad Is My Best Friend”—America Wants to Win the Ultimate Race in AI, Energy, and Bitcoin
“I really enjoyed walking around construction sites with my father, watching New York’s most impressive buildings slowly rise from steel and concrete.”
Navigating Web3 tides with focused insightsCompiled & Translated by TechFlow
Guest: Eric Trump, American businessman and political activist, second son of Donald Trump
Hosts: Bonnie; David
Podcast Source: Bonnie Blockchain
Original Title: [Exclusive] Eric Trump on His Father: “He’s My Best Friend!” Learning the Art of Deal-Making from Childhood! America’s Ambition to Dominate AI, Energy, and Bitcoin! [Bonnie Blockchain]
Air Date: May 12, 2026
Key Takeaways
In this exclusive interview, Eric Trump—Donald Trump’s second son—shares insights into his father’s cryptocurrency strategy, explains why he founded American Bitcoin (a Bitcoin mining company), discusses how the U.S. plans to lead global competitions in energy and AI—and why other countries cannot catch up. He also recounts the Trump family’s widespread rejection by major banks.
He reflects on the business and negotiation mindset he absorbed growing up alongside his father, how Trump: The Art of the Deal shaped his life, and the intimate, tender side of Donald Trump at home.
Highlights of Key Insights
Why the U.S. Must Win the AI, Energy, and Crypto Races
- "My father wants America to win in everything we do. He believes America must win in energy, win in AI, and win in cryptocurrency."
- "He ran for office as the ‘Crypto President.’ He believes in cryptocurrency, in Bitcoin, and in digital assets."
- "If the U.S. doesn’t do it, Asia will. If the U.S. doesn’t do it, the Middle East will. So the U.S. must lead."
- "America isn’t just energy-independent—we’re exporting energy. Europe is welcome to challenge AI or crypto—but good luck. They lack the energy infrastructure to support it."
Bitcoin’s Global Value and the Dollar’s Advantage
- "Bitcoin’s role in many international markets may be even more significant than in the U.S.—the world’s largest economy."
- "Where inflation is rampant, banks are failing, governments are corrupt, markets unstable, and corruption pervasive—what better asset to hold than Bitcoin?"
- "Everyone wants dollars. No one wants euros—or any other currency. They want dollars."
American Bitcoin’s Mining Strategy
- "American Bitcoin was founded 8 months and 3 days ago and already operates over 90,000 miners, with a hash rate exceeding 28 EH/s—roughly 2.5% to 3% of global mining capacity."
- "Our sole premise is to grow our Bitcoin holdings. Our North Star is increasing satoshis per share."
- "If a company could invest hundreds of millions into an asset that has delivered ~70% annualized returns over the past decade—but instead spends it on exorbitant executive compensation—which creates more shareholder value?"
- "We believe in Bitcoin. Unless a catastrophic event occurs, selling our Bitcoin reserves would be extremely, extremely difficult."
The Two Bitcoin Company Competitions
- "This is a race to accumulate the most Bitcoin—and a race to acquire the most Bitcoin at the lowest possible cost."
- "Michael Saylor is visionary—he’s done an incredible job accumulating Bitcoin."
- "American Bitcoin aims to win the second race: acquiring the most Bitcoin at the lowest cost."
- "What commodity or product can you mine at roughly half its market price? That’s what American Bitcoin does every day."
Bank Rejection and Entry into Crypto
- "We did nothing wrong—yet America’s biggest banks treated us like dogs, shutting down 300 accounts overnight, purely for political reasons."
- "That pushed us into digital assets and DeFi—and connected us with others similarly abandoned by those same banks."
- "The enemy of my enemy is my friend. That’s exactly what happened between the Trump family and the crypto industry."
- "If you’d told me five, six, or seven years ago that I’d be so passionate about digital assets, I’d have laughed outright. Today, nothing excites me more."
Father, Childhood, and Family Bonds
- "I loved walking construction sites with my father—watching New York’s most iconic buildings rise, steel beams and concrete taking shape before my eyes."
- "He’s my best friend in the world—I’m incredibly, incredibly proud of him."
- "He still calls me ‘Honey.’ I’m 42, with gray in my beard—and he still calls me ‘Honey.’"
New Fed Chair, Energy, and Cryptocurrency
Host David: Eric, welcome to the show. Kevin Walsh is widely seen as the next Federal Reserve Chair—a deeply tech-savvy figure with strong ties to Silicon Valley. If confirmed—as expected—he’ll likely become the most technologically literate Fed Chair in history. He’s previously stated that Bitcoin and AI will become the dominant drivers of the U.S. economy. What does that mean for Bitcoin and AI’s future?
Eric Trump:
Let me simplify it. My father wants America to win in everything we do. He believes America must win in energy, win in AI, and win in cryptocurrency. That’s his entire platform—and his full mandate.
He ran for office as the ‘Crypto President.’ He believes in cryptocurrency. He believes money can flow more efficiently, securely, and transparently than ever before. He believes in this industry—in Bitcoin, in digital assets. So it’s only natural that those around him share this foundational belief. Anyone who doesn’t won’t make it into his inner circle.
Look globally—it’s unmistakable. Observe the transformation underway in digital assets: tokenization, Bitcoin’s achievements, and the explosive growth of digital assets over the past decade.
Now combine those trends with another critical fact: We have a pro-crypto government—and the U.S. likely possesses the world’s strongest energy infrastructure. We’re not just energy-independent—we’re energy exporters. If Europe wants to compete in AI, good luck. If Europe wants to compete in crypto, good luck. They simply can’t—they lack the energy infrastructure to sustain such ambitions.
So we’ll win—because we’re first movers. We’re the world’s largest economy, with overwhelming advantages. Now we have a government actively pushing this forward—and the energy resources needed to deliver it.
Since my father took office, crypto policy has undergone a complete 180-degree shift. Under the Biden administration, anyone trying to improve finance through better, more efficient, more modern means was nearly jailed. That’s over. We’ll soon have a Fed Chair who’s not just friendly toward this industry—but who truly understands it.
Biden and Kamala Harris can’t even spell “AI.” They don’t know what they’re talking about—and they refuse to learn. My father wants to win this race—to be the best in the world. And let me add: If the U.S. doesn’t act, Asia will. If the U.S. doesn’t act, the Middle East will. So we’re leading—and that’s exactly what America must do.
Can the World Win Together?
Host Bonnie: Is there room for everyone to win?
Eric Trump:
I think so. Clearly, cryptocurrency is global digital finance. I’m CEO and founder of American Bitcoin—and I believe in digital assets.
I’d go further: Bitcoin’s role in many international markets may be as important—or even more important—than in the U.S., despite the U.S. being the world’s largest economy. Across much of the world, hyperinflation rages, banks collapse, governments fail, markets destabilize, and corruption runs rampant. In those places, what’s more appropriate to hold than Bitcoin? Because no one can seize your money in the middle of the night, institutions can’t lose it, and capital markets can’t crash and wipe out your wealth.
Suddenly, you gain 24/7/365 global liquidity—instantly accessible via iPad or smartphone.
I’ll make a bold claim: The global community is the greatest beneficiary—because crypto delivers financial independence and freedom worldwide, and connects global finance in unprecedented ways.
For example: How do I send money to Morocco today? Using SWIFT, I’d need to locate a Moroccan bank, find someone to speak with—do we share a language? What’s the exchange rate? Cryptocurrency eliminates all that. It enables instant, borderless fund transfers.
So is it global? Absolutely, 100% global. The entire concept of cryptocurrency and digital assets is designed to be global. Who benefits most? The U.S. Because everyone wants dollars. No one wants euros—or any other currency. They want dollars. So yes—this is a global initiative, but the U.S. stands to gain the most.
Why Bitcoin Mining Is Coming to the U.S.
Host Bonnie: Let’s talk about American Bitcoin. What draws Bitcoin miners to the U.S.? Miners need low-energy-cost jurisdictions—and possibly favorable capital gains tax environments. How do we make mining in the U.S. more attractive for miners themselves?
Eric Trump:
First, the U.S. offers supportive tax policies. For example, bonus depreciation lets you deduct capital expenditures—miners, facilities, and energy infrastructure are all highly capital-intensive. So the U.S. holds clear advantages. As with other U.S. industries, investing capital and building infrastructure here unlocks substantial tax savings.
Second, we possess the world’s best energy resources. Try doing this in the UK—you’ll have zero chance. Their economy produces far less energy than it consumes. They can’t win the AI race, the crypto race—or mine Bitcoin. The U.S. boasts some of the world’s lowest energy costs. Look at Texas—where the vast majority of American Bitcoin’s mining operations are based—its energy prices rank among the world’s most competitive. So we’re extremely well-positioned.
American Bitcoin launched 8 months and 3 days ago—and we now hold well over 7,000 Bitcoin. We built this company from scratch—today operating over 90,000 miners, with a hash rate exceeding 28 EH/s—representing roughly 2.5% to 3% of total global mining capacity. This company is just 8 months and 3 days old—an extraordinary achievement.
We accomplished this on American soil, using American energy. The U.S. must become the dominant force in all crypto-related matters—and in all digital markets and digital finance. That’s a core mission for me—and I’m moving at lightning speed to achieve it.
The Trump Family’s “Art of the Deal”
Host Bonnie: I love The Art of the Deal—I even made a dedicated video on it. How has it shaped your view of deals and business?
Eric Trump:
I’ve lived inside The Art of the Deal my entire life—literally born beneath its shadow. I was very young when it was published. In many ways, it’s been my lifelong compass.
I run the Trump Organization daily. Before my father entered politics, I worked beside him almost every single day and moment. He’s my best friend in the world. Those lessons were instilled deeply in us—from negotiating everything, to running lean and mean.
We apply that rigorously at American Bitcoin. We negotiate everything—and operate with extreme efficiency. We likely boast the industry’s lowest SG&A costs, by a wide margin. We haven’t found a competitor matching our cost structure and operational efficiency.
American Bitcoin’s Strategy
Eric Trump:
We achieve this because we don’t pay outrageous cash salaries to CEOs. Ultimately, what are we building? Our own Bitcoin holdings.
If you pay hundreds of millions to executives—when that capital could instead be invested in an asset delivering ~70% annualized returns over the past decade—which creates more shareholder value? Executive pay—or actually acquiring, holding, and compounding Bitcoin year after year?
Host David: How do you decide how much mined Bitcoin to sell into the market?
Eric Trump:
We strive to hold every single Bitcoin. Our company’s sole premise is expanding our Bitcoin holdings. Our North Star is increasing satoshis per share.
Will You Never Sell Bitcoin?
Host David: Michael Saylor recently said he might sell some Bitcoin to fund dividends. What circumstances would cause you to reverse course and sell some Bitcoin? If someone asked whether you’d sell some Bitcoin, what would justify that decision?
Eric Trump:
It would require a catastrophic scenario. We’re American Bitcoin—we believe in Bitcoin. Regardless of circumstances, selling Bitcoin from our treasury would be extremely, extremely difficult. Our singular objective is expanding that reserve.
Look at what’s unfolding globally—the retail investors’ moves, institutional adoption, America’s largest banks stockpiling Bitcoin, Fortune 500 companies adding Bitcoin to balance sheets at unprecedented rates. See market-structure legislation emerging—and countries worldwide following America’s lead in embracing crypto anew.
Crypto is entering mass adoption—especially Bitcoin, which is clearly winning this race. This momentum is unlike anything we’ve ever witnessed. If we regard it as the perfect financial instrument—why abandon it? So our entire premise is to accumulate as much as possible.
The Two Bitcoin Company Races
Eric Trump:
We see two races underway. Michael is a close friend—I know you’ve interviewed him before. I’ve known Michael for 25 years—long before he joined MicroStrategy.
Race One: Who accumulates the most Bitcoin. Michael has been extraordinary here—truly visionary. Race Two: Who acquires the most Bitcoin at the lowest cost. And I’ll tell you: At American Bitcoin, we aim to win Race Two—we want to be the ones acquiring the most Bitcoin at the lowest possible cost.
Can you grow wheat worth $1 at a $0.50 cost? Corn worth $1 at $0.50? Sure, those analogies are slightly exaggerated—but the gap is massive. Can you mine gold worth $1 at $0.50? What commodity or product can you mine at roughly half its market price?
That’s what American Bitcoin does daily. Leveraging our infrastructure, low-cost structure, and energy advantage—this is an extraordinary business model. We’re immensely proud of how far we’ve come in just eight months.
The Enemy of My Enemy Is My Friend
Host Bonnie: Why is Bitcoin personally meaningful to you?
Eric Trump:
Digital assets matter to me because we were abandoned by banks. Politics in America is brutally harsh—just as it is everywhere: in your country, in Canada, elsewhere. Yet we were cast aside by America’s largest banks—even though we’d done nothing wrong.
We owned the finest hotels, residential towers, commercial buildings—and the world’s premier real estate portfolio. Still, we were ejected by many top banks—including JPMorgan and Capital One. We were treated like dogs, with 300 accounts shut down overnight—not for wrongdoing, but for politics.
That propelled us into digital assets and DeFi—and connected us with others similarly discarded by those same banks. As the old saying goes: The enemy of my enemy is my friend. That’s precisely what unfolded between the Trump family and the crypto industry.
We then met some of the smartest people we’d ever encountered—began embracing and understanding this industry—and it all clicked—for you, for me, for everyone. I may now be among the world’s most vocal crypto advocates—and this comes from someone who spent his life building hard assets, like the very building we’re in right now.
If you’d told me five, six, or seven years ago that I’d be this passionate about digital assets, I’d have laughed outright. I’d have laughed at you. But today, nothing excites me more. I love what we’re building at American Bitcoin, at World Liberty Financial, in stablecoins—and across the entire ecosystem. I’m profoundly proud of it all.
Childhood Memories With Father
Host Bonnie: What’s your favorite childhood memory involving your father?
Eric Trump:
I loved visiting construction sites with him—walking those sites together. Watching New York’s most iconic buildings rise—steel frames, concrete, and structural elements taking shape—those memories are deeply special.
Those New York union contractors were tough—but among the world’s finest builders. Those memories are unforgettable. As a child, I’d build Lego skyscrapers on the floor of my father’s office while he held high-stakes meetings. Just being there—as a silent observer on the wall—was magical.
He’s an extraordinary person—doing exceptional work for this country. He’s my best friend in the world—I’m incredibly, incredibly proud of him.
Does Trump Say “I Love You” at Home?
Host Bonnie: Do you say “I love you” to each other?
Eric Trump:
Often. He still calls me ‘Honey.’ He says, “Honey, Honey.” I’m a 42-year-old man—with gray in my beard—and he still calls me ‘Honey.’ He jokes about it too: “My children—no matter their age, no matter if they’re married or have kids of their own—are always my ‘Honey.’”
He’s a wonderful person. I’m proud of all he’s achieved—and proud of running our businesses. And yes—I’m proud to be among the leaders driving the digital asset race. I hope history remembers that we helped propel this asset forward.
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