Eric Trump: Bitcoin as a salvation from banks and the state

In a recent podcast, Eric Trump, the son of U.S. President Donald Trump, shared his perspective on cryptocurrency and explained why his family has invested in digital assets. According to him, Bitcoin is not just an investment, but a tool capable of freeing people from the constraints of the traditional financial system.

◾️ Bitcoin as a new standard

Eric Trump emphasized that his family does not limit itself to simple “speculative” investing. They actively mine, buy, and hold BTC. “This is an asset designed for decades,” he noted.

Today, Bitcoin is purchased not only by private investors but also by large funds, corporations, and even governments. The limited issuance of 21 million coins makes BTC a “digital gold” equivalent: neither the Federal Reserve (Fed) nor the U.S. Department of the Treasury can simply “print” new bitcoins. This completely differentiates crypto from traditional currencies with inflationary risks.

◾️ Why crypto is more important than banks

Eric explained that the old financial system has strict limitations:

• Money transfers after 5:00 PM are impossible.
• SWIFT waits until Monday for international payments.

Banks hold funds and earn interest, limiting client access.

Cryptocurrency, on the other hand, operates 24/7, without permission or intermediaries, making it a more flexible and transparent tool.

◾️ USD1, mining, and crypto reserves

The Trump family has gone beyond ordinary investing. They now have:

• Their own USD1 stablecoin, pegged to the dollar, for instant transactions.
• A mining company, American Bitcoin, producing BTC in the U.S.
• Their own Bitcoin assets, serving as reserves and a long-term strategy.

This strategy combines innovation, asset control, and independence from the banking system.

◾️ The Fed and the dollar — fuel for crypto growth

Eric Trump highlighted macroeconomic trends:

• The U.S. national debt is growing by trillions of dollars.
• The Fed continues printing money, leading to inflation.
• Capital is moving from bank deposits and government bonds into Bitcoin, gold, and stablecoins.

According to him, these processes make digital assets attractive for family and corporate capital.

◾️ Mining as the new energy

Eric paid special attention to mining. American Bitcoin mines BTC in the U.S. at a cost nearly half the market price. Energy is converted into money, and mining becomes a new form of economy where resources (electricity) are directly converted into digital assets.

Eric noted that in the future, mining will become part of the strategy not only for companies but also for governments, turning it into a tool of economic and energy independence.