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Bitcoin (BTC) and Eric Trump, who has invested in three altcoins, warned the banks! "10 Years Later...."
President Donald Trump draws attention with his Bitcoin and cryptocurrency moves, while his son Eric Trump is also following in his father's footsteps.
Eric Trump, known for his altcoin investments, warned that banks will disappear within 10 years if they do not embrace crypto.
Eric Trump, son of Donald Trump, warned banks in an interview with CNBC. Eric Trump criticized the traditional financial system as being slow, expensive, and favoring the extremely wealthy.
In contrast, it emphasized that cryptocurrencies offer faster and cheaper alternatives compared to the traditional financial system.
Eric Trump also argued that decentralized finance could replace traditional banks and that peer-to-peer transactions could be more efficient.
In a statement made earlier this year, Eric Trump mentioned that he has also invested in cryptocurrencies, stating that he holds Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI) altcoins.