At a crypto conference in Dubai, Eric Trump stated that they didn’t choose cryptocurrency — it chose them.
This cliché resonated with the audience.
In his keynote address at Token2049, Trump described how his family’s adoption of digital assets was a response to banks ending their relationships due to political optics. The underlying message was that cryptocurrencies provided a safeguard when traditional institutions failed them.

Eric Trump: Banks and “Woke Cancel Culture”

Trump conveyed how major banks withdrew their support, not due to risks or fraud, but purely for political reasons. He stated, “Some of the biggest banks in the world canceled our accounts. Say the wrong thing, and they’ll come for you.”
He stressed that the financial system is not neutral and that cryptocurrencies offer an escape route when faced with opposition.

The Trump Family’s Crypto Ventures

Eric co-founded World Liberty Financial and launched USD1, a stablecoin pegged to the U.S. dollar, which he sees as a response to a flawed financial system. Meanwhile, Donald Trump, who once critiqued Bitcoin, is now involved in the cryptocurrency space with NFTs and a new meme coin, aligning with his presidential campaign.

Eric Trump: Financial Independence Through Crypto

In Dubai, he highlighted that to him, crypto symbolizes defiance against cancel culture and political suppression. He equated U.S. banking restrictions to modern-day “Operation Choke Point,” criticizing regulators for hindering crypto’s potential. He views Bitcoin as a decentralized remedy against financial censorship, asserting, “Nations that move now will own the future.”

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Key Takeaways

• At a conference in Dubai, Eric Trump emphasized that they didn’t select crypto; it selected them.
• He narrated the family’s journey with cryptocurrency to a knowledgeable crowd in Dubai.