“This news will certainly cause a smile to fans of space matches. Eric Trump, one of the most famous heirs of American real estate and son of President Donald Trump, revealed the reasons that prompted his family to completely dive into the cryptoecosystem. And, strangely enough, it seems that it was not a sudden passion for technology, but rather a reflex response to the administration of his sworn rival Joe Biden. […]”, – WRITE: Businessua.com.ua
This news will certainly cause a smile to fans of space matches. Eric Trump, one of the most famous heirs of American real estate and son of President Donald Trump, revealed the reasons that prompted his family to completely dive into the cryptoecosystem. And, strangely enough, it seems that it was not a sudden passion for technology, but rather a reflex response to the administration of his sworn rival Joe Biden.
According to an interview with Wall Street Journal, the son of a former President explained that after On January 6, 2021, banks simply closed hundreds of accounts related to the business of Trump. A brutal separation from the traditional financial system, which obviously led to a sudden awakening … and profit … Erica Trump.
The key points of this article:
- Eric Trump said the Trump family turned to cryptocurrency after hundreds of their bank accounts were closed after the events of January 6, 2021.
- Eric Trump accused Biden’s administration of regulatory pressure against the access of cryptocurrency companies to banking services, calling it “war against cryptocurrencies.”
Revenge is the dish that is best served in bitcoins Recall that January 6 2021 The US presidential election has turned out of chaos by an order of magnitude. A crowd of Donald Trump’s supporters marched to the Capitol in Washington, trying to prevent Joe Baiden’s recognition.
The event grew into riots, protesters broke into the building and forced to evacuate elected officials. Banks, shocked by violence during the event and participation of Donald Trump, began to break the ties with Trump Organization, which gave the beginning of the story you read.
“I realized how fragile the financial system is and how easily it can be used as weapons against you ”, – said Eric Trump.
Biden, swept enemy Trump The parallel he draws is quite indicative. He claims that Baiden administration has done Regulatory pressure To prevent crypto -eco -systems from accessing banking services. Policy “ Debanking ”Which many insiders were sentenced as a real” war against cryptocurrency ”.
In March 2025, Trump Organization even sued Capital One, accusing the bank of closing its accounts for purely political reasons. This turned indignation into an investment motif. Perhaps this has prompted the launch of your own steiblcoin USD1 or acquisition of Bitcoin strategic reserve.
The Trump Family: Cryptocurrency Kings or just an opportunity? Although the version of Eric Trump’s events forces us to believe in it, we must stand firm and ask ourselves: did they really get into the arena of cryptocurrency through ideology, is it just a business, like any other?
The Trump family is always skillfully used her name . And the cryptoecosystem was no exception. Facts show that the former president has launched Official Trump Markin Immediately before his inauguration and subsequently accumulated more than $ 2.4 billion thanks to his diverse crypto -initiative. He also promoted the idea of tokenization of assets such as Trump Tower.
The presence of such a contradictory policy in the world of cryptocurrencies is a stick with two ends. On the one hand, it can attract unprecedented attention and push to a wider implementation. On the other hand, it is doubts about intentions and raises disputes that never benefits the industry that is still trying to gain confidence.
Source: Journalducoin.com
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