Las Vegas, Nevada-Donald Trump Jr., the eldest son of US President Donald Trump, said he and his younger brother Eric Trump were “killed” by their father after the family and his organization experienced a wide de-banking at the end of Trump’s first term.
Speaking at Bitcoin 2025 in Las Vegas on Tuesday, Don JR said he was not an early adopter of Bitcoin or Crypto, who only finds his way to blockchain technology after realizing the “fragile” nature of the traditional financial system.
“We are real estate guys, we are hard assets, we built buildings – (Bitcoin) is pretty bad,” he said in a flame of fire with Rumble CEO and founder Chris Pavlovski. “But once we get to that political sector … We get de-banked, we get de-insure, we get de-all. It’s brutal.”
Don JR said he and Eric “certainly” had a hand in helping their father, who called Bitcoin a scam in 2021, understanding the potential of crypto and blockchain technology.
“We are the ones who get subpoenaed to the nonsense suits, we are the ones who talk about getting de-banked … We are the boys who may have seen the first hand,” he said of him and his brother. “Maybe we, probably got there a little in front of him. When we started to explain the potential, he was quick to study … he got there quickly.”
When Trump embraced the crypto on the campaign route, Don JR said he laughed at other candidates, along with democratic nominee and former vice president Kamala Harris, who was jumping at the Bitcoin Bandwagon.
“I’ll pay for money, a lot of money, maybe my whole crypto purse, so Kamala Harris can explain the blockchain technology,” Don Jr. said. “That will be the greatest word salad in the history of Kamala Harris Word Salad.”
Don JR added that his father “cares about doing right for America,” saying that financial democratization “is a major tenant afterwards, like, peace in the world, what he wants to do in this administration.”
The adventures of the Trump family’s family, including Trump Memecoin and World Liberty Financial, have been overwhelmed by the industry and the government for being fuzzy and allegedly presenting conflicts of interest. However, since Trump’s office, there has been a revised push for new regulations and the passage of crypto law, as well as a apparent end to the so-called regulation-through the implementation conducted by regulators during the rule of former President Joe Biden.
With the Stablecoin law that seems to be around the corner, which is potentially followed by a comprehensive bill of market structure and strategic law of Bitcoin reserve, Don JR said the improved regulation of the industry would be a boon for Bitcoin.
“I think you have the perfect storm for this matter only in the moon, as they say,” he said.
