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Eric Trump Claims Banks Committed ’Biggest Mistake of Their Lives’—Crypto Bulls Smirk

Eric Trump Claims Banks Committed ’Biggest Mistake of Their Lives’—Crypto Bulls Smirk

Author:
Coindesk
Published:
2025-05-16 19:29:42
7
2

Eric Trump: ’The Banks Made The Biggest Mistake of Their Lives’

Banks just got schooled—again. Eric Trump’s latest jab at traditional finance echoes what crypto maximalists have been screaming for years: legacy institutions are dinosaurs on the brink of extinction.

While Wall Street counts its regulatory moats, decentralized networks are eating their lunch. No surprise—when banks treat customers like serfs, defi protocols treat them like sovereigns.

Bonus cynicism: Maybe banks should’ve spent less on lobbying and more on innovation. Now they’re stuck playing catch-up while Bitcoin hodlers laugh all the way to the (unlicensed, non-custodial) bank.

|Square

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