Eric Trump Warns Banks of Crypto’s Future: ‘They Will Disappear in 10 Years’

Following his father Donald Trump’s foray into the world of Bitcoin and cryptocurrency, Eric Trump has also taken a stance on digital currencies. In an interview with CNBC, he warned banks that if they fail to embrace cryptocurrencies, they risk disappearing entirely within the next decade. laining his motivation for investing in crypto, Eric Trump criticizes traditional finance systems, claiming their slowness, high costs, and bias towards wealthy individuals as key reasons to move away from them. He emphasizes how decentralized applications and peer-to-peer transactions offer faster, cheaper alternatives compared to the traditional system.