Eric Trump to Banks: Evolve or Die as Blockchain Eats Your Lunch
Legacy finance giants are staring down the barrel of irrelevance—unless they wake up to crypto’s hostile takeover. Trump’s warning cuts through the usual banker spin: adapt now or get bulldozed by decentralized rails that bypass fees, borders, and their 9am-5pm mentality.
The writing’s on the blockchain
From DeFi’s 24/7 yield machines to CBDCs rewriting monetary policy, the old guard’s ’too big to fail’ mantra rings hollow. JPMorgan’s blockchain pivot? Too little, too late—like adding seatbelts to a horse carriage.
A self-custody revolution
Why trust banks charging 3% FX fees when a wallet app does it for pennies? The irony? Wall Street’s ’risk management’ failures created this monster—2008’s bailouts birthed Bitcoin, and 2023’s bank runs fueled stablecoin adoption.
Tick tock, bankers. Your vaults are becoming museums.