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American Focus > Blog > Economy > ‘Whales’, JD Vance and the Trump sons
Economy

‘Whales’, JD Vance and the Trump sons

Last updated: May 29, 2025 12:01 am
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‘Whales’, JD Vance and the Trump sons
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Donald Trump’s two eldest sons, Eric and Donald Trump Jr, made a grand entrance at a Bitcoin conference in Las Vegas, where they advocated for a new financial order and criticized the country’s biggest banks. The brothers, who have become prominent figures in the cryptocurrency world, expressed their support for digital assets and praised the benefits of cryptocurrencies over traditional finance.

During their speech at the conference, Eric Trump condemned the big banks, stating that they had been weaponized against the crypto community. He emphasized that crypto transactions were cheaper, faster, safer, and more transparent than traditional financial transactions. Donald Trump Jr echoed his brother’s sentiments, declaring that they were heavily invested in the crypto market and viewed it as a significant part of their business ventures.

The Trump family has been actively involved in various crypto projects, including the creation of a stablecoin called USD1 and the launch of a social media platform called Truth Social, which aims to raise funds to invest in Bitcoin. Their father’s memecoin, $TRUMP, has also generated substantial profits.

The shift in the political landscape following the 2024 presidential election has brought about significant changes in the crypto industry. The Trump administration has taken a favorable stance towards cryptocurrencies, ending investigations into crypto companies and promoting legislation to facilitate the widespread adoption of digital assets.

Bitcoin, which was created as a decentralized alternative to traditional currencies, has gained mainstream acceptance and endorsement from influential figures such as BlackRock and the US president himself. The cryptocurrency has experienced a surge in value, with some experts predicting that it could reach new highs in the coming year.

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The atmosphere at the Bitcoin conference in Las Vegas was vibrant and enthusiastic, with attendees celebrating the growing influence of cryptocurrencies. The event featured a mix of high-minded discussions about the future of finance and indulgent displays of wealth, such as luxury giveaways and high-stakes auctions.

Overall, the Trump brothers’ presence at the conference underscored the growing influence of cryptocurrencies in the financial world and highlighted the potential for a new era of digital finance. With the support of key political figures and industry leaders, the future of cryptocurrencies looks promising as they continue to disrupt traditional financial systems.

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