"How is that modern-day finance? Eric continued. You can send $500 million worth of bitcoin on a Sunday night at 11 p.m. while having a glass of wine with your wife, for virtually zero fees. How is a system this lethargic? Why does it take you 120 days to go through Know Your Customer' with your bank if you want to get a home mortgage? It doesn't make any sense. Cryptocurrency is going to fix every single one of these issues, and Bitcoin is digital gold. Bitcoin is going to be one of the greatest stores of value we've ever seen ever."
"Because Eric described a scenario that very few people could ever relate to, he was harshly criticized and accused of being out of touch. Is that before or after you figure out how you're going to feed your family without the SNAP payments his father went to the Supreme Court to suspend? Or pay the health care costs his administration has made sure to skyrocket? I just want to get the sequencing right. https://t.co/ZZTvszivqu Franklin Leonard (@franklinleonard) November 13, 2025"
Eric Trump complained on Fox Business about the limitations of traditional banking, citing inability to send a swift wire transfer past 5 p.m. on a Friday. He contrasted that with cryptocurrency, saying one can send $500 million worth of bitcoin on a Sunday night at 11 p.m. while having a glass of wine with one's spouse for virtually zero fees. He criticized lengthy Know Your Customer processes that can take 120 days for a mortgage. He called Bitcoin 'digital gold' and predicted it would fix transactional frictions and be an exceptional store of value. The remarks generated social media ridicule and accusations of being out of touch, with critics pointing to policy impacts on SNAP and healthcare.
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