The son of Donald Trump, Eric Trump, also the executive vice of the Trump Organization said banks can extinct in 10 years if they do not watch what is coming. I think what he meant is that if banks do not support cryptocurrencies.
He said modern financial system is broken. It is slow. It is expensive. There is nothing on the blockchain that can't be done better than the current financial institutions is working. Banks not working during weekends also not working more than 8am to 4pm which can be a disadvantage to those that is not able to pay money early before 4pm on Friday.
https://youtu.be/cLnNedcVgcU?si=wS2MAylU7I2LFfhCWhat is your opinion about this.
You really believe that guy has something upstairs? Lol. Why hasn't he been advocate about cryptocurrency in the past, now the daddy is the president and he is now leaching that opportunity but we know he is doing it for the bags. I'm not sure even his dad will come out and tell the world that if the Banks failed to adopt cryptocurrency they will die, unless the government doesn't exist the traditional banking system has been there for ages and will be there for many generations.
I believe there are ways we can channel adoption and not through things that are not realistic. Banks and crypto can coexist but saying they can't stay alone, it's not reasonable. How many crypto has really stand with what they have promise in their whitepaper, almost all of them. The only coin that met all expectations is Bitcoin and it's the only coin institutional investor believe, it's the only thing they trust and not to this their ripple things that has been unstable for years.