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Eric Trump: “If you want to borrow at 80% LTVs, and guess what? I mean…”

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

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Eric Trump: "Bitcoin Will Replace Gold"

Published | Video Starts at 52:56

And pushing paper forms and everybody's getting fees and you have title companies, you have, I mean that, that money hits your account instantaneously. You borrow against the. Money. Oh, I would borrow. Against. Yeah. So guess what? If you want to borrow at 80% LTVs, and guess what? I mean, if it goes down 20%, you know, using blockchain technology, you know, it can, in the middle of the night, it can sell off 10 more percent and it can keep you in the money. Right. It can keep that ratio. Like, a HELOC could never do that. A real estate HELOC could never do that. Because it's set. It's set. (52:56–53:09)

CLAIM

Asserts that blockchain technology allows for automatic adjustments to maintain loan-to-value ratios.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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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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