Donald and Eric Trump reveal their plan for an American (financial) revolution with a crypto launch

After more than a year of speculation, Donald Trump announced Monday enrollment for World Liberty Financial — his family company’s entry into the cryptocurrency world — has finally begun.And it’s a family affair, with youngest son Barron even having a role.“I promised to Make America Great Again, this time with crypto,” the former president tweeted.

The enterprise aims to “help make America the crypto capital of the world! The whitelist for eligible persons is officially open — this is your chance to be part of this historic moment.”Trump placed his assets in the company he spent a lifetime building in a trust when he entered the White House in 2017 and handed over the firm’s day-to-day management to his sons Donald Jr.and Eric.Ahead of the launch, Eric Trump exclusively spoke with The Post and explained WLF’s mission: to offer Americans an alternative to “big” banks and “traditional” lenders.

“Nobody knows better than myself and my family how complicated, corrupt and biased today’s banking systems are,” said the 40-year-old Trump Organization executive vice president.“The system isn’t working.

If it doesn’t work for us then it damn sure isn’t working for folks with a few less zeroes in their accounts.We’ve gotta solve that.”The Trumps’ proposed solution is the decentralized-finance (DeFi) firm WLF — tagline: “Be DeFiant” — and their goal is simple but ambitious: make it as easy for people to get a loan as it is to send a text.“We came to realize: Why? Why can’t someone just write this into a simple program that makes it easy for regular people to access financial markets and healthy debt without all these fees and middlemen? Why? There’s absolutely no reason anymore,” Trump said.

“This is not just bitcoin.It’s about making the financial markets a truly decentralized, truly equitable exchange for the very first time.”To do this, Trump said WLF will democratize banking by leveraging what the...

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Publisher: New York Post

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