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Eric Trump: “I think being able to give people DEFI options in those…”

Featuring: Eric Trump, Executive Vice President of the Trump Organization | National

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Why Eric Trump Wants to Make Big Banks 'Irrelevant' | CoinDesk Spotlight

Published | Video Starts at 34:08

I mean, you name the country around the world. Guess what? They probably don't have that CEFI option. They probably don't have institutions who are honest that aren't corrupted. And I think being able to give people DEFI options in those environments are an incredibly beneficial thing for humanity. And so there's going to be a mix of both of them. But I ultimately think that the power and control of the big banks, right, and the virtual monopoly … (34:08–34:15)

CLAIM

Asserts that decentralized finance options are beneficial for people in countries with corrupt financial systems.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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