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In Toronto, during the consensus 2025, Eric Trump revealed that the real world was going on to accumulate bitcoins. This statement arises, while the Trump family is more involved in the cryptovisse industry, has aroused fears of a democratic camp that condemns potential clashes of interest and requires the opening of an official investigation.
In short
- Eric Trump says “everyone is currently trying to accumulate bitcoins”, from sovereign funds to great wealth.
- President Trump’s son is a co -founder of American Bitcoin, recently merging with digital mining Gryphon.
- This involvement of the Trump family in the crypto sector is the subject of strong criticism of the democrats.
Global race about the accumulation of bitcoins
It was 15 May, during the prestigious consensus event 2025 in Toronto, Eric Trump made this remarkable statement. The son of the US President, who shares the scene with Asher Genoot, CEO of Bitcoin Hut 8 mining society, emphasized the widespread enthusias for the first crypto.
I travel. I’m on the plane. Everyone is trying to accumulate bitcoins right now. Each. I heard it from sovereign funds. I heard it from the richest families. I hear it from the biggest societies.
Eric Trump has identified what he considers “two Bitcoins races”: Race about accumulation – was currently led by Michael Saylor, founder of Microstratega – and mining plant, sector in which he personally joined.
This vision testifies to the accelerated institutional adoption, which has been a phenomenon that has intensified since the election of Donald Trump, perceived as favorable to the cryptoviště.
Trump’s crypt empire arouses controversy
The third child of the US President is not a simple market observer. What -founder of American Bitcoin, a subsidiary of 8 cottages, just announced on May 12. The merger of his company with Gryphon Digital mining, an operation that will lead to a quote in Nasdaq.
This rapid expansion of the Trump family is not limited to mining, but also expands to NFT, cryptocurrency memes and even the Stablecoin project.
This increasing involvement raises serious concerns in a democratic camp. Repeated calls for surveys have been launched and legislation aimed at limiting potential financial profits from the presidential family has even been proposed.
The Democrats of the Senate also withdrew the support of the Bipartisan Stablecoins Act and raised concerns about any conflict of interest.
While large financial institutions are massively returning to Bitcoin, Eric Trump seems to confirm the factual trend: recognition of bitcoins as a reserve of strategic value. This new era, dominated by societies, can be well overwhelmed by world monetary balances in the coming years.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.