Eric Trump Claims Crypto Is The Future, Banks Begin Writing Wills

Whenever the Trumps speak, the financial world halts as if the last train has finally rattled into Chekhov’s bleak little station. There is a hush; even the ravens fall silent, waiting for pearls of inherited insight—or, if not pearls, then at least some shiny beads.

This time, it is Eric Trump, whose face bears that wistful ennui of someone never quite sure whether the soup is for eating or for staring into, who has taken to the grand stage (Dubai, naturally, where everyone goes when Manhattan isn’t enough) to declare that global banks must embrace crypto, lest they shuffle off this mortal coil in ten years’ time. According to Eric, the current system is “broken,” “slow,” and apparently designed for the ultra-wealthy. (Chekhov sighs somewhere in literary heaven: what else is new?)

Is Eric here simply shilling digital coins like some Cossack antioxidant tonic hawker at the Sunday market? He insists otherwise. As the son of a famous tower-builder, he professes he’s been driven from the banquet table by the inefficiencies and labyrinthine protocols of modern banking, now casting his lot with the digital outcasts. Oh, how the mighty have swapped their caviar for QR codes.

Let us pour some tea and examine.

“It Forced Me Into the Crypto World”

Eric swears that the trauma of dealing with SWIFT (a financial messaging system which—one imagines—would fail to get a letter from Yalta to Moscow) sent him plunging into crypto’s cold embrace. Banks, he says, must evolve with the times or join the dusty ghosts in the attic.

“If the banks don’t watch what’s coming, they’re going to be extinct,” he mused, possibly while staring into middle distance out a rain-streaked window.

SWIFT, he contends, is an “absolute disaster,” barely a half-step ahead of carrier pigeons, and deserving of retirement alongside that battered samovar Aunt Olga never cleans. By contrast, the blockchain is rapid, efficient, and about as transparent as a train ticket inspector’s contempt.

“You can open up a DeFi app now, transfer money instantly, and—miracle of miracles—nobody takes a little nibble on the way!”

While Banks Push Back, Crypto Marches On 🚶‍♂️🚶‍♀️

Banks cling to yesteryear with the same fervor as Uncle Vanya clings to a decanter of vodka. The Bank of Italy, for one, digs in its heels against Bitcoin in a way only an institution with centuries of practice can.

Yet the crypto crowd, swollen with irrepressible optimism, smells blood in the bourgeois drawing room. Eric even prophesied that Bitcoin would climb to a million dollars per coin. Why such bravado? He believes the world, especially with politicians finally learning what a blockchain is (hint: it’s not a trendy new bracelet), will have no choice but to bend to the crypto tide—or risk becoming a quaint anecdote told at fintech conferences.

The future sounds bright, or at least brighter than a winter’s afternoon in Taganrog. But will the grandees adapt? Or simply plop down by the samovar to reminisce about old paper checks?

The Trump Family’s Full Crypto Pivot 🎩💸

A family saga for our times. Together with his brother Don Jr., Eric co-founded American Bitcoin (so patriotic, even the coins salute), and—because two dynastic ventures are better than one—World Liberty Financial, purveyors of shiny new stablecoins.

Necessity, Eric shrugs, was the mother of all this innovation. Canceled by banks, scrutinized by bureaucrats, the Trumps had to venture where even Dostoevsky’s antiheroes might have hesitated: into the wild steppes of crypto.

“We were the most canceled company, probably on Earth,” Eric intoned, perhaps unaware of how melodramatic that sounds until he hears it echoing back in the marble halls.

So now, meme coins and decentralized finance are not just business ventures—they are existential acts, a long, irritated raspberry blown at the system they say spurned them.

And above them all, Eric Trump stands with the impatient watchfulness of a man counting the hours before the banks’ final curtain—and perhaps hoping, just a little, it falls with tragic grandeur. 🍿

Read More

2025-04-30 11:59