“There is a famous saying that sometimes your enemy’s enemy is actually your best friend,” Eric Trump told the crowd of consensus in Toronto, Canada. “It was the assets with the cryptographic community. And I think the banks made the greatest error in their lives.”
The son of American president Donald Trump and co-founder of Bitcoin BTC$103 584.69 The Mining Society American Bitcoin is also a World Finnish Financial (WLF) advisor, who recently launched a stablecoin supported by an US dollar, USD1, which has already reached $ 2 billion in market capitalization.
Friday, WLF co-founders joined Trump on stage when they announced that USD1 was now operational on several blockchains via the transversal interoperability protocol of Chainlink (CCIP).
Trump painted a living image of the personal grievances transformed into an ideological conviction, saying that it was “canceled” by the major financial institutions for his political opinions which then interested him in the crypto as a shield against the financial flag holder.
“So many banks have been armed and I have been the case,” said the son of the American president. “I was probably the most canceled person to do nothing wrong, only because we had a political opinion, and a political point of view that might not have been popular with some of the big financial institutions and guys, they came after me as if I were a dog.”
The USD1, he said, is a patriotic financial tool for people in unstable or corrupt diets.
“This gives so much freedom of financial choice, especially for markets and countries where people have never had financial freedom, had never had any kind of financial independence, could be in a country where he was torn war, where he is subject to corruption, he is subject to ridiculous inflation,” he said. “Every day, they will work and their money is burned under their mattress, and all of a sudden, we give the world the ability to be on the US dollar supported by one of the American treasury bills.”
Earlier in the day, lawyers representing WLF pushed control of the American senator Richard Blumenthal, the main democrat of a panel responsible for the survey on corruption and mismanagement, which had asked questions on property and the investment structure of entities affiliated with Trump, including WLFI, in a letter last week.
