In brief

  • Eric Trump told the Bitcoin Asia conference that Bitcoin marks the first time finance has “no disparity” between socioeconomic classes.
  • Trump also spoke of sovereign wealth funds, Fortune 500 companies, and nation states driving adoption.
  • His remarks highlight a tension between Bitcoin’s populist narrative and elite accumulation, observers told Decrypt.

Speaking at the Bitcoin Asia conference in Hong Kong on Friday, Eric Trump, son of U.S. President Donald Trump, argued that Bitcoin marks the first time in the history of finance where “there is no disparity between socioeconomic classes.”

In a fireside chat, Trump shared remarks on how his father has championed the crypto industry, recounted how he entered the space, and highlighted his family’s deepening ventures into crypto and digital assets.

“The traditional financial system in the world has benefited guys like me, and it hasn’t benefited the vast majority of people,” Trump said onstage, adding that it “benefits the people that were fortun

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Author: Vince Dioquino

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