Trump Jr. Claims Family Turned to Cryptocurrency Following Loss of Bank Access
Shift to Crypto: Donald Trump Jr. stated that the Trump family adopted cryptocurrency after banks ceased financing them during their political rise, linking this to subpoenas and financial strain.
Real Estate Inefficiencies: He highlighted inefficiencies in real estate transactions, suggesting that blockchain technology could streamline processes and reduce costs, particularly in title insurance.
Political and Financial Pressures: Trump Jr. mentioned that political scrutiny and limitations on international deals during the Trump administration further motivated their shift to decentralized financial systems.
Commitment to Compliance: He emphasized that the family is committed to following regulations as they develop new ventures in cryptocurrency, asserting that their move was driven by necessity rather than trendiness.
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