TechFlow news, April 2 — According to The Block, Eric Trump, son of Donald Trump, said in an interview with Fox Business that autonomy, de-banking, and cancel culture are the three main reasons why the Trump family is doubling down on investments in the cryptocurrency industry.
Eric Trump stated: "Multiple U.S. banks have taken hostile actions against us. It was only then that I truly realized the importance of cryptocurrency."
He also pointed out that cryptocurrencies are "cheaper, faster, and more transparent." Cryptocurrency can do every single thing that banks can do—but better. Stablecoins will help support the U.S. dollar while fundamentally reshaping the landscape of "finance and banking" for decades to come.
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