Former President Donald Trump is entering the crypto game with his own platform called “The DeFiant Ones.” He’s pitching it as a way to fight back against big banks and give everyday Americans a chance to get in on the action.
A Family Affair
Trump’s sons, Eric and Donald Jr., are also big fans of the project. Eric describes it as “digital real estate,” while Donald Jr. sees decentralized finance (DeFi) as the future of money. He’s even said that DeFi is attractive to people who have been shut out by traditional banks.
Crypto Connections
Trump’s interest in crypto isn’t new. He’s been vocal about his support for Bitcoin and even got invited to a Bitcoin conference last year. He also chose Ohio Senator J.D. Vance, a known Bitcoin supporter, as his running mate for the upcoming election.
The Bottom Line
Trump’s new crypto platform is sure to be a hot topic, especially as he campaigns for president. It’s a bold move that could shake up the financial world. But remember, crypto is risky, so do your research before investing.
