Eric Trump Unleashes Crypto Fury: Banks to Be Left 'In the Dust' if They Ignore Digital Cash

Eric Trump dropped a bombshell at Token2049, sitting down with Zach Witkoff of World Liberty Financial and Tron's mastermind Justin Sun, warning that banks are on the brink of becoming obsolete if they don't jump on the crypto bandwagon.

During the fiery May 1 fireside chat, Eric didn't hold back, spilling the beans on how the financial system tried to "cancel" him and his family, pushing them straight into the arms of cryptocurrency.

"Modern finance is totally busted. When the banks ganged up on us, it was a wake-up call. Suddenly, we were the most canceled folks out there, all because of our political ties in the U.S.," Trump declared from the Token2049 stage, his voice echoing through the venue.

"And let me tell you, our dive into crypto? It's gonna make those big banks eat their words," he added with conviction.

He didn't just stop at personal grievances; Eric slammed the snail-paced banks, comparing them to crypto's lightning-fast transactions. He pointed out how a bank loan could drag on for 90 to 120 days, while blockchain lets you move millions in the blink of an eye, all out in the open for anyone to see.

"They're still shuffling paper around when blockchain could do it faster, cheaper, and way more efficiently," Trump fired back.

Justin Sun, the brain behind Tron, jumped in, agreeing that trust in traditional U.S. banks is hitting rock bottom. He's betting on blockchain to bring back that lost transparency banks can't offer.

"In banks, millions move around, and you're left in the dark. But with blockchain? That's history. Everything's crystal clear," Sun exclaimed.

Zach Witkoff from World Liberty Financial chimed in, explaining their project was born from the cracks in the old-school financial system. They're all about opening up finance to everyone, blending it with the power of decentralized finance.

"In a few years, DeFi and traditional finance are gonna be so tangled up, you won't be able to pull them apart," Witkoff predicted.

Modern Finance Risks Getting Left in the Dust

Witkoff laid it out straight: banks need to get with the crypto program or get left behind. It's adapt or die in this new economic world.

"We'll see which path they choose, but I hope they end up on the right side of history," Witkoff mused.

Eric Trump isn't holding his breath for the banks to make a swift turnaround, pointing out their outdated models are what crypto is here to demolish.

"If banks don't embrace crypto now, they're on a fast track to extinction. Crypto's erasing their whole function," Trump warned.

He marveled at how crypto's tech is racing ahead at breakneck speed, 100 times faster than the lumbering giants of finance, and making finance accessible to those the banks have ignored.

"Crypto's leveling the global playing field. No need for big shots like Jamie Dimon when you've got your phone," Trump concluded, a grin spreading across his face.