At TOKEN2049 Dubai, Eric Trump, Executive Vice President of The Trump Organization and son of U.S. President Donald Trump, delivered a passionate speech about cryptocurrency, calling institutional banking out and predicting digital assets as the future of worldwide money systems.

During TOKEN2049, Dubai Tron leader Justin Sun and World Liberty Financial director Zach Witkoff stood beside Eric Trump when he delivered his speech. He stated that our system is broken; modern finance is absolutely broken and uncontrollable.

Eric Trump Calls Crypto Financial Future

Trump stated that big financial institutions attacked both his financial interests and the entire crypto community. Big banks used political punishment, forcing customers to abandon their choice of a decentralised financial system. He expressed strong delight in observing these banks collapse if they continued their attempts to suppress the public interest in digital assets.

Trump sees crypto becoming the industry leader by gaining an edge over outdated banking systems through modern technology and overpowering them. He criticized banking institutions for running fixed operating hours: “Why do banks still operate 9 to 5, Monday to Friday, with an hour and a half for lunch? That model is a joke,” he said.

Digital assets provide equal opportunities, according to Trump. The digital asset platforms eliminate the need to rely on untrusted central banks or uncertain currencies. With only a smartphone, you can now participate in financial markets worldwide.

Trump commended the UAE for promoting innovation and distinguished them from Europe’s slow adoption of new ideas. The speaker stated America stands superior over Europe by 1000% when measuring opportunity.

Political leaders and business owners expressed support for Trump’s speech, which shows cryptocurrency has changed from a technological advancement to both a political and monetary transformation.