Banks must adopt crypto or be extinct for 10 years, says Eric Trump

Eric Trump, Executive Vice President Trumps Organization and the Son of the American President Donald Trump, submitted warning to global banks regarding the adoption of cryptocurrency.

Banks around the world will have to adopt cryptocurstity or extinct in a decade, Trump predicted In an interview with CNBC’s Day Murphy in Dubai 30. April.

“The modern financial system is broken, the dispute is, expensive,” Businessman said, adding that the existing banking system “favors ultra-rich.”

“It made me crypt the world,” he continued, adding, “And I’m telling you, if the banks don’t watch what’s coming, he’ll be extinct in 10 years.”

Swift is “Absolute Disaster”

While Stressing the need for banks to carefully monitor developments in the crypto industry, Trump emphasized the advantages of the cryptocurrent basic technology Blocchain technology for the financial system.

He weakened the existing transaction transaction transaction transaction transaction solutions such as a global network for messaging, which is often criticized for its slow transactions.

“There’s nothing that can be done on a block that can’t be done better than the ways in which current financial institutions do. Swift is an absolute disaster,” he said.

With the advent of CRIPTO traditional payment tools such as Swift in danger of losing a market share on decentralized alternatives, Trump said:

“You can currently open the Defective application, you can open any CRIPTOCURRENCE and money application, a wallet, immediately, no cost without variability.”

Banks are pushed back, but the industry was bikala

Trump Warning comes in the midst of many global banks still pushing on the adoption of cryptocurrency, with The Italian bank slammed Stablecoin growth and bitcoin (Btc) Investments.

On the other hand, many industry managers are Bullish on Cripto adoption by banks As early as 2025. years in the middle of the government like the US pushes the agenda with crypto-more appropriate.

The new Presection of Trump comes in line with its previous brave forecasts on the CRIPTO. In December 2024. year, Eric Trump predicted Bitcoin inevitably struck a million dollars per coinWhile global governments and institutions would have to adopt cryptocurration to compete in the fast growing market.

Journal: Bitcoin $ 100K Hope Situ, SBF Mysterious Prison Movement: Hodler’s Digest, 20. – 26. April