LAS VEGAS, Nevada — Donald Trump Jr., the eldest son of U.S. President Donald Trump, revealed that he and his younger brother, Eric Trump, influenced their father’s view on cryptocurrencies following frustrating experiences with de-banking during Trump’s initial presidency.

During the Bitcoin 2025 event in Las Vegas, Donald Jr. mentioned he initially found difficulty with Bitcoin due to his background in real estate and traditional assets. However, he shifted his perspective after witnessing the frailty of the conventional financial system.

“We were real estate guys, we were hard assets, we built buildings — [bitcoin] was a bit nebulous,” he explained in a session with Rumble CEO Chris Pavlovski. “But once we got into that political sector…we were getting de-banked, we were getting de-insured, we were getting de-everything. It was brutal.”

He acknowledged that both he and Eric played vital roles in helping their father transition from being skeptical about Bitcoin, which he called a scam back in 2021, to recognizing its potential.

“We were the ones who were getting subpoenaed in nonsense lawsuits, we were the ones who are dealing with getting de-banked … we’re the guys who probably saw that first-hand,” said Donald Jr.

Once Trump adopted a pro-crypto stance during his campaign, Donald Jr. found humor in other candidates like Kamala Harris suddenly supporting Bitcoin.

“I would pay money, a lot of money, maybe my entire crypto wallet, to have Kamala Harris explain blockchain technology,” he added, pointing to the absurdity of her understanding.

Emphasizing his father’s commitment to making beneficial changes for the U.S., he stated that the democratization of finance is among Trump’s primary goals.

Despite facing scrutiny regarding the Trump family’s crypto dealings, they see upcoming regulations as a potential boost for Bitcoin and the broader crypto market.

“I think you have the perfect storm for this thing just going to the moon, as they say,” he concluded.