Eric Trump Warns of Banks’ Demise Without Crypto Adoption
Eric Trump, son of former U.S. President Donald Trump, delivered a stark warning to traditional financial institutions during a speech at Liberty University. Banks risk obsolescence within a decade if they fail to embrace cryptocurrency and blockchain technology, he asserted. The remarks underscore growing tensions between legacy finance and decentralized alternatives.
"The writing is on the wall for institutions that refuse to innovate," Trump declared, framing blockchain adoption as an existential imperative. His comments reflect mounting pressure on banks as DeFi protocols continue attracting capital and talent. Younger generations increasingly view traditional banking as technologically stagnant compared to crypto-native solutions.