Eric Trump: This Will Decide America’s Future; Everything Investors Need To Know

Added: 2026-05-12

[00:00:00]Not only are we energy independent in America, we're actually exporting energy. Good luck if if Europe ever wants to try and take on AI. Good luck if Europe ever wants to try and take on cryptocurrency. They can't do it because they don't have the energy profile to do it. You have my father who wants to win this race um and be the best at it in the world. And by the way, if we didn't do it, Asia would do it. If we didn't do it, the Middle East would do it.

[00:00:21]>> What was your favorite childhood memory with your dad?

[00:00:23]>> I loved running.

[00:00:28]I'm here with Eric Trump, co-founder of American Bitcoin. And we're going to talk about the future of bit of of Bitcoin and company highlights. I'm David Lynn. This is >> Bonnie Ch.

[00:00:36]>> Eric, welcome to the show. Honored to host you. So Kevin Walsh, the incoming Fed chair, is known to be a techsavvy guy. He's well connected within Silicon Valley, probably the most tech-savvy Fed chair in history once he enters office.

[00:00:49]Should he assume the role of Fed share, which we expect that he will, uh, what does that mean for the future of Bitcoin and AI, especially coming from the comments that he's made? He said that Bitcoin and AI will be the dominant drivers of the American economy.

[00:01:02]>> Yeah, >> let me break this down. I make it very simple. Um, my father wants America to win at everything we do. My father believes in winning at energy. He wants to win at AI. He wants to win at cryptocurrency. Um, that's in his entire platform. That's it entire mandate. My father ran under the notion of being the crypto president. He believes in cryptocurrency. He believes that, you know, money can transact in a much more efficient and a much um safer and a much more transparent um manner than than ever before. He believes in this industry. He believes in Bitcoin. He believes in digital assets. And so it makes a lot of sense that everybody in his you know inner circle um you know follows that same premise. He wouldn't bring somebody into his inner circle if they didn't follow that premise. And it's pretty obvious if you look around the world. Look at the transformation of digital assets right now. I mean look at the tokenization. Look at what Bitcoin's done. look at digital asset and their growth over the last decade. It's been absolutely explosive. Then you you combine that with the fact that obviously we have a pro crypto administration, but we also have probably the best energy profile of any country in the world. Not only are we energy independent in America, we're actually exporting energy. Good luck if if Europe ever wants to try and take on AI. Good luck if Europe ever wants to try and take on cryptocurrency. They can't do it because they don't have the energy profile to do it. And so we are going to win this because we're first.

[00:02:14]We're also the biggest economy in the world by far. Um, you have an administration that's pushing it. We have the energy resources to do it. Um, and so you have had a 180 in terms of the directional thinking on cryptocurrency, you know, since my father entered office. Um, you know, Biden was literally throwing everybody in jail who who dreamed about possibly being able to conduct finance better, more efficiently in in a modern fashion.

[00:02:36]Um, now all of a sudden you've got a fair Fed chairman who's going to come in be fantastic for the industry and also not only be fantastic for the industry, actually understand the industry. You had Biden, you had Camala Harris who couldn't spell AI, you know, and literally they didn't know what they were talking. They didn't they didn't care to understand it. You have my father who wants to win this race um and be the best at it in the world. And by the way, if we didn't do it, Asia would do it. If we didn't do it, the Middle East would do it. Um, and so we're leading the way, and that's what America has to do. Is there a possibility where everybody wins together?

[00:03:07]>> Well, I think so. I mean, obviously, you know, uh cryptocurrency is is is digital finance around the world. I mean, I'm head of, you know, American Bitcoin. I founded that company. It's I I believe in digital assets. And I could argue that Bitcoin has as much of a place, maybe even a greater place in so many markets internationally than it does even in the United States as the number one economy in the world. Uh you look at so many places that have hyperinflation, that have bad banks, that have bad governments, that have instability in the markets, that have total corruption.

[00:03:36]You know, what better place to own Bitcoin than those places where somebody can't seize your money in the middle of the night. You know, an institution can't lose your money. Uh a capital market can't collapse and destroy your your your resources. All of a sudden, you have global liquidity 24 hours a day, 7 days a week. And you know how you do that? You know, effectively through your your your iPad or your smartphone.

[00:03:56]I can make an argument that the global community is actually the greatest benefactor of this and actually creates financial independence and financial freedom all around the world. It also ties global finance together in ways that we've never seen before. I mean, you know, if I need to send money right now to to you name it, uh Morocco, how do I do it? How do I do it? Meaning, if I had to use a swift wire transfer system, I find a bank in Morocco, who do who am I talking to? Do I speak the same language? You know, what what's the currency conversion rate? Guess what?

[00:04:24]You know what crypto does? It eliminates all of that. It allows instantaneous transfer of money all over the world. So when you ask is it going to be global, it's 100% global. The whole concept of cryptocurrency digital assets is to make them global. The largest benefactor of all of that, the United States because everybody wants the US dollar. You know what no one wants? They don't want the euro. They don't want any other currency. They want the dollar. And I so I actually think it's a very global initiative. But I think America is going to be the biggest benefactor.

[00:04:49]>> Let's talk about American Bitcoin. But what brings Bitcoin miners to America?

[00:04:53]Yeah. So, Bitcoin miners want a low cost jurisdiction when it comes to energy costs as well as possibly low cost for capital gains taxes. So, how do we make mining America beneficial for the miners themselves?

[00:05:06]>> Yeah. Well, I think first of all, you have a lot of tax policy that does that in America. You have bonus appreciation where, you know, you're able to kind of deduct capital and obviously, you know, these machines are capital intensive and these facilities are capital intensive and the energy infrastructure is capital intensive, right? And so, you know, you certainly do have perks. Um, along with every other industry in the US, if if you want to actually invest capital in something, you know, you have a lot of kind of tax savings associated with investment in infrastructure in in this country. Um, second of all, we have the best energy by far in in the world. Go try and do this in in in the UK. You know, zero chance, right? You have a you have an economy that, you know, you know, actually produces one the amount of energy that they actually consume.

[00:05:41]They don't stand a chance at the AI race. They don't stand a chance at at at the crypto race. They don't stand a chance at mining Bitcoin. We have some of the lowest energy profiles anywhere in the country. Then you look at Texas where America, you know, Bitcoin does the vast majority of its mining. You know, some of the best energy rates anywhere on on Earth. And so we can be incredibly competitive. And you know, we went public American Bitcoin 8 months and 3 days ago. I know this because we have our earnings report in about 5 minutes. And we're doing I mean, we have well over 7,000 Bitcoin. Well over.

[00:06:09]We're going to announce the exact number in, you know, in just a little while.

[00:06:12]And we've built a company from we have over 90,000 mining machines. We have 28 um exahash over 28 xahash of of compute power. We're about you know 2 and a half to 3% of the total mining worldwide in a company that's um literally 8 months and 3 days old. It's it's it's an amazing story and we're able to do it right here in America on American soil using American energy. Um America has to be the dominant country in the world in terms of everything cryptoreated in terms of everything surrounding kind of the digital markets and digital finance.

[00:06:43]and um you know it's it's a big goal of mine and it's something that I'm sprinting at very very quickly.

[00:06:47]>> My question for you is I'm a big fan of the art of uh the deal and I actually made a video on this topic. How does that influence your view on making deals and businesses?

[00:06:59]>> Yeah, I think my entire life I lived the art of the deal.

[00:07:02]>> I was I was born under the art of the deal. That book came out when I was very very young and I think it's been kind of guiding principles in so many ways for my entire life. I mean I run the Trump organization every day. That's you know I worked with my father every every second of every day really until he went to politics and you know his best friend in the world and believe me those lessons were all beaten to us and and you know so many of them negotiate everything and um run very very lean we do that all when it comes to American Bitcoin right I mean we negotiate everything we run extremely extremely lean we probably have the lowest SGNA of any company in the industry it's not even close it's not even close compared to some of our competitors we can't even find competitors that are even in the same spectrum um of kind of cost structure and and efficiency that that we run at.

[00:07:42]>> Well, we do that by by by not paying exorbitant salaries to to CEOs who are compensated, you know, in cash. At the end of the day, what are we trying to build? We're trying to build our Bitcoin holdings, right? So, you know, when you're paying, you know, executives hundreds of millions of dollars to run a a company where that money could have otherwise been in, you know, invested in the asset that's been growing at roughly 70% a year, year-over-year for the last decade. Which do you think is more creative to shareholder value? you know, you know, share, you know, executive compensation or or do you think it's, you know, actually collecting Bitcoin and holding it um and letting it continue to grow and appreciate year after year?

[00:08:18]>> To decide how much Bitcoin to hold rather than sell to the market after you've mined it.

[00:08:23]>> Well, we try and hold every single coin.

[00:08:25]Our our only premise of our entire company is to to grow our Bitcoin stack.

[00:08:29]And our our north star is growing Satoshi's per share.

[00:08:32]>> Michael Sailor just said that he may sell some Bitcoin to finance dividends.

[00:08:36]What would make you pivot and decide to sell some Bitcoin? If somebody were to ask you, hey, could you sell some Bitcoin? What would that reason be?

[00:08:42]>> It would have to be beyond catastrophic.

[00:08:44]>> Okay, listen. We are we are American Bitcoin.

[00:08:48]>> We believe in Bitcoin. You know, come hell or high water, it would take us a lot a lot to have to sell um our treasury or the only goal of our entire company is to grow that treasury. Um while you see this entire ecosystem around the world, I mean you see what retail investors are doing. You see what institutional investors are doing. You see the largest banks in the country that are hoarding Bitcoin. You see Fortune 500 companies that are putting it on its on its treasuries like never before. You see, you know, market structure legislation. You see every country in the world that's starting to follow the United States and and and embrace cryptocurrencies in ways. the the mass adoption of of cryptocurrency and and Bitcoin specifically because Bitcoin is clearly winning that race is unlike anything that we've seen before.

[00:09:34]And so why would you want to get rid of of of the asset that we've believed to be the perfect financial instrument? And so um our entire premise is to to to hoard as much and and we believe there's two races. We believe there's and Michael's a dear friend and I know you interviewed him earlier. I've known Michael for 25 years long before he was in in micro strategy. But there's two races. There's a race of who can accumulate the most. Um, and and and Michael's done an unbelievably what what a visionary he's been. And then there's the race of who can do, you know, who can acquire the most the cheapest.

[00:10:04]>> And I can tell you at American Bitcoin, that's the race we want to win. We want to be the ones that acquire the most the cheapest. And when you can mine something for 50 cents on the dollar, can you mine can you can you farm wheat for 50 cents on the dollar? Can you farm corn for 50 cents on the dollar? I mean, these are facitious and and and obviously you can't. It's not even close. Can you mine gold for 50 cents on the dollar? what other kind of commodity, what other product can you mine at literally, you know, roughly 50% on the dollar? And that's what we do at America Bitcoin every day because of our infrastructure, because of our lowcost structure, because of our energy profile. Um, it's a remarkable business model and and we're incredibly proud of where we've come in literally 8 months.

[00:10:40]>> Why is Bitcoin important to you personally? Yeah, >> digital assets are important to me because we are debanked in in in in the realm of of American politics which are brutal as they are in every country, yours included, and certainly in in Canada and everywhere else. Politics are brutal. But we were debanked by the biggest banks in the country for doing nothing wrong. I mean, we we own the best hotels, best residential buildings, best commercial buildings, um the best real estate anywhere on earth. Uh and we were thrown out of so many of the biggest banks, the JP Morgans, the Capital Ones, like dogs. 300 accounts shut down overnight for doing nothing wrong all because of politics. And it drove us into digital assets. It drove us into the DeFi world. It it drove us to meet people who were also being debanked by the very same people who were debanging us. So, you know that old analogy kind of the you know the enemy of your enemy is is your friend. That's exactly what happened between us and kind of the crypto industry. And then we met some of the smartest people that we've ever seen. Um and we start embracing the industry. we start understanding the industry and then it clicks and it clicks for all of us. It clicked for you, it clicked for you, it it clicked for all of us. Uh and I probably become one of the the the greatest proponents worldwide um of cryptocurrency. And this is coming from a guy who who spent his entire life building places >> like this like the ones we're in hard assets.

[00:11:54]>> If you would have told me five, six, seven years ago >> that I'd be this passionate about digital assets, I would have laughed. I I literally would have laughed at you.

[00:12:02]And uh and and there's nothing I'm more passionate about. Um, I love what I'm doing in American Bitcoin. I love what we're doing at World Liberty Financial.

[00:12:08]I love what we're doing with Stable Coins. I love what we're doing in the entire ecosystem. And I could not be more proud of all of it.

[00:12:13]>> What was your favorite childhood memory with your dad?

[00:12:15]>> Oh god, I loved running the construction sites with him. I I loved walking the construction sites with him. You know, it was um, you know, walking some of the most impressive buildings in New York as they were growing up, the steel and concrete, the superructures. um as a young kid, you know, the the the tough New York Union contractors, but but some of the best builders anywhere in the world. Um those memories were amazing.

[00:12:36]You know, building kind of Lego skyscrapers on the office of his on the floor of his office while he was in incredible meetings. Uh being the fly on on that wall was uh was amazing. And um he's a remarkable guy. He's doing a hell of a job for this country. Uh he's my best friend in the world. And uh incredibly proud of him. Incredibly proud.

[00:12:51]>> Do you guys tell each other you love each other?

[00:12:54]>> Oh yeah, all the time. He still calls me honey. Which is very funny.

[00:12:57]>> I love that.

[00:12:58]>> He goes, "Honey, honey." You know, I'm a 42 year old man with with gray in his beard and he still calls me honey. And he actually jokes about it. He goes, "You know, my kids, I don't care how old they are. I don't care if, you know, they have kids of their own and they're married. You know, they'll always be they'll always be Honey to me. He's a he's a fantastic guy and um I'm I'm proud of everything that he's he's achieved and I'm proud to run our company and I'm I'm certainly proud to be be be one of the leaders I think in in the digital asset race and hopefully we'll be remembered for for putting a lot of juice uh on this asset.

[00:13:25]>> Well, thank you Eric. Congratulations on everything you've done with American Bitcoin. Look forward to future success.

[00:13:30]>> I love this conversation. Thank you.