Eric Trump: Digital Assets and the Move Toward a 24/7 Global Financial System

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Eric Trump’s unique experience with banking restrictions became a turning point in his understanding of the financial system. This experience prompted him to reconsider traditional mechanisms of controlling cash flows and to focus on alternative solutions offered by the crypto industry.

From Centralized Control to Decentralized Solutions

Eric Trump positions Bitcoin not just as a speculative asset but as “digital gold” — a means of preserving value independent of government and banking influence. This perspective reflects a deeper transformation he anticipates in the global financial architecture.

According to NS3.AI, he foresees radical changes in international settlement systems. Instead of the traditional SWIFT network, which operates on centralized control principles, Trump highlights the potential of decentralized finance (DeFi) to offer continuous financial operations that run 24/7 without interruptions or restrictions.

How Smart Contracts Could Revolutionize Banking

Smart contract technology plays a key role in his vision of the future. He believes that over the next 5-10 years, DeFi protocols could replace a significant portion of traditional banking services. Automated contracts, executed without intermediaries, could greatly reduce fees, speed up transactions, and provide financial access to billions of unbanked people.

Such a scenario could create a financial system that operates nonstop, 24/7, without dependence on bank hours or border closure policies.

Eric Trump and the Transformation of the Global Financial Architecture

Eric Trump’s expressed position reflects the belief of some influential figures that the centralized financial system needs alternatives. His personal restrictions experience serves as a clear example of the vulnerabilities inherent in overly controlled models.

In the context of blockchain technology development, these views stimulate discussions on how decentralized systems can offer greater financial sovereignty and resistance to political influence.

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