Eric Trump: My dad's best friend, America wants to win the final competition for AI, energy and bitcoin

Guest:Eric Trump, American businessman, political activist, Donald Trump, Jr

Moderator:Bonnie; David

Podcast source:Bonnie Blockchain

: Deep tide TechFlow

Date broadcast:12 May 2026

Original link: https://www.techflowpost.com/zh-CN/article/31589

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Summary of highlights

In this interview, Eric Trump, the second son of Trump, shared Trump's encrypted currency strategy, why the creation of the American Bitcoin Bitcoin Mining Company, how did the United States lead the energy and AI competition, and why didn't other countries catch up? The Trumps were betrayed by a large number of banks。

He also talks about the business and negotiation thinking that he learned from childhood with his father, how Trump: The Art of the Deal affected his life, and Donald Trump's intimate, warm side of the family。

Summary of outstanding views

ABOUT WHY THE U.S. WON THE AI, ENERGY AND ENCRYPTION COMPETITION

• "MY FATHER WANTED AMERICA TO WIN EVERYTHING WE DID. HE BELIEVES THAT AMERICA NEEDS TO WIN ENERGY, TO WIN AI, TO WIN ENCRYPTED MONEY."
• "He is running for the idea of "encrypted president." He believes in encrypted currency, Bitcoin, and digital assets."
• "If the United States does not, Asia does; if the United States does not, the Middle East does. So America must take the lead."
• "THE UNITED STATES IS NOT JUST ENERGY INDEPENDENCE; WE ARE ALSO EXPORTING ENERGY. IF EUROPE WANTS TO CHALLENGE AI OR ENCRYPT MONEY, GOOD LUCK TO THEM BECAUSE THEY DON'T HAVE THIS ENERGY STRUCTURE."

Global value versus dollar advantage for Bitcoin

• "Bitcoin ' s position in many international markets may be more important than in the United States, the world ' s largest economy."
• "Where inflation, bad banks, bad government, unstable markets and corruption are more suitable than Bitcoin?"
• "Everyone wants dollars. No one wants the euro, no one wants another currency, they want the dollar."

Mining strategy for American Bitcoin

• "American Bitcoin was founded eight months and three days ago and already has more than 90,000 miners, more than 28 ETH/s, about 2.5 to 3% of the global mining capacity."
• "The only premise of our company is to expand Bitcoin hold; our North Star is to increase the number of Satoshi per share."
• "If a company could have invested in some 70% of its annual growth over the last decade and paid a high-level executive, which would have created more shareholder value?"
• "We believe in Bitcoin. Unless there's a disaster level, it'll be very, very hard to sell Bitcoin."

Two Bitcoin Company Competitions

• "It's a race for who can accumulate the most Bitcoin and for who can get the most Bitcoin at the lowest cost."
• "Michael Saylor is a visionary, and he's doing a great job in building up the biggest Bitcoin thing."
• "American Bitcoin wants to win another game: who gets the most Bitcoin at the lowest cost."
• "What other commodities and products can be extracted at approximately 50% off the market? That's what American Bitcoin does every day."

About being abandoned by banks and entering the encryption industry

• "We didn't do anything wrong, but the largest bank in the United States was thrown out like a dog, 300 accounts closed overnight, just for political reasons."
• "This pushes us to digital assets, to DeFi, and to the same people that these banks abandoned."
• "The enemy of the enemy is a friend. It's exactly what happened between the Trump family and the encryption industry."
• "If you told me five, six, seven years ago that I would be so passionate about digital assets, I would laugh. There's nothing I love more than that."

On fatherhood, childhood and family relations

• "I'd love to walk on the site with my father and see New York's most impressive building slowly grow in steel and concrete."
• "He's my best friend in the world, and I'm so proud of him, so proud."
• "He still calls me Honey. I'm 42 years old, with white hair in my beard, and he still calls me that."

New Federal Reserve Chairman, Energy, Encrypted Currency

Moderator David Eric, welcome to the show. Kevin Walsh is considered to be the next Fed Chairman, a very technocrat who is also closely connected to Silicon Valley. If he formally assumes the chairmanship of the Fed, we expect that this will happen, and he may become the most scientific and technological president in history. He said that Bitcoin and AI would be the driving force behind the American economy. What do you think this means for Bitcoin and AI's future

Eric Trump:

Let me make this simple。MY FATHER WANTED AMERICA TO WIN EVERYTHING WE DID, AND HE BELIEVED THAT AMERICA NEEDED TO WIN ENERGY, TO WIN AI, TO WIN ENCRYPTED MONEY. THAT'S HIS WHOLE PLATFORM, THAT'S HIS WHOLE MANDATE。

My father ran on the idea of "encrypted president". He believed in encrypted money and that funds could flow in a more efficient, secure and transparent way than ever before, and he believed in the industry, in Bitcoin and in digital assets。So it is reasonable for the people around him to follow the same premise. If a person does not agree with this, he will not bring him into his core circle。

If you look at the world, you'll find it very obvious. Look at the transformation that digital assets are going through now, look at monetization, look at what Bitcoin has done, and look at the growth of digital assets over the last decade。

Then you combine these factors with the other thing:WE HAVE A GOVERNMENT THAT SUPPORTS ENCRYPTION, WHILE THE UNITED STATES MAY HAVE THE BEST ENERGY STRUCTURE IN THE WORLD. NOT ONLY HAS THE UNITED STATES ACHIEVED ENERGY INDEPENDENCE, BUT WE ARE ALSO EXPORTING ENERGY. IF EUROPE WANTS TO CHALLENGE AI, GOOD LUCK; IF EUROPE WANTS TO CHALLENGE ENCRYPTED CURRENCY, GOOD LUCK。They cannot, because they do not have enough energy structures to sustain this。

So we winBecause we are the first to act. We are also the largest economy in the world, and our advantages are clear. There is now a Government that pushes the matter, and we have the energy resources to complete it。

Since my father took office, the policy direction of encrypted money has changed 180 degrees. During the Biden government period, almost all those who wanted to improve finance in a better, more efficient and modern way were thrown into prison. It's different now, and we'll welcome a very friendly Fed Chairman for the industry, and he's not just friendly, he really understands the industry。

Biden and Kamala Harris can't even spell the word AI. They do not know what they are talking about, nor do they want to understand it. My father wanted to win this race and be the best in the world. By the wayIf the United States does not, Asia does; if the United States does not, the Middle East does. So we are taking the lead, and that is what the United States must do。

Can the world win

Moderator Bonnie: Is it possible for everyone to win together

Eric Trump:

I think so. Clearly, encrypted money is digital finance worldwide. I'm head of American Bitcoin and founder of this company. I believe in digital assets。

I can even sayBitcoin ' s position in many international markets may be as important as its position in the United States, even if the United States is the world ' s largest economy. Inflation, bad banks, bad Governments, unstable markets and outright corruption are found in many parts of the world. What better place than holding Bitcoin in these placesBecause no one can confiscate your money in the middle of the night, institutions cannot lose your money, capital markets cannot crash and destroy your resources。

And suddenlyYou have global mobility 24 hours a day, 7 days a weekI don't know. How? You can do it with your iPad or your smartphone。

I can make one point:The global community is indeed the largest beneficiary of this because it has created financial independence and freedom worldwide, and it has connected global finance in an unprecedented manner。

FOR EXAMPLE, IF I'M GOING TO TRANSFER THE MONEY TO MOROCCO NOW, WHAT SHOULD I DO? IF I HAD TO USE THE SWIFT WIRE TRANSFER SYSTEM, I'D HAVE TO FIND A MOROCCAN BANK FIRST. DO WE SPEAK THE SAME LANGUAGE? WHAT IS THE CURRENCY EXCHANGE RATE? AND WHAT ENCRYPTED MONEY DOES IS ELIMINATE IT. IT ALLOWS FOR IMMEDIATE GLOBAL TRANSFERS OF FUNDS。

So you ask if it's global? It's 100% global。The whole concept of encrypted currency and digital assets makes them global. Who will be the greatest beneficiary? The United States. Because..Everybody wants dollars. Nobody wants euros, nobody wants other currencies. They want dollarsI don't know. So I think this is indeed a global initiative, but the United States will be the largest beneficiary。

Why did Bitcoin dig in America

Moderator Bonnie: Let's talk about American Bitcoin. What brought Bitcoin miners to America? Bitcoin miners need jurisdictions with low energy costs and may need a low-cost tax on capital. How can we make mining in the United States more beneficial to miners themselves

Eric Trump:

First, there are many tax policies in the United States that support this。for example, bonus depreciation, you can deduct capital inputs, which are obviously capital-intensive. so the united states does have some advantages. like other industries in the united states, if you are willing to invest capital in something, investing in infrastructure in the country, there will be a lot of associated tax savings。

Secondly, we have the best energy in the world。You tried to do it in England. You never had a chance. Their economies produce much less energy than they consume. They can't win the AI competition, they can't win the encryption competition, they can't dig Bitcoin. The United States has some of the lowest global energy costs. And look at Texas, where most of the mining of American Bitcoin takes place, where energy prices are one of the best in the world. So we can be very competitive。

American Bitcoin was listed eight months ago, three days agoI don't knowWe now have over 7,000 BitcoinI don't know. We started this company from scratch and now own more than 90,000 miners with more than 28 ETH/s, about 2.5% to 3% of the world's mining volume. It's been 8 months and 3 days since this company was founded, and it's an amazing story。

We can do this on American soil, using American energy. The United States must be the world ' s most dominant nation in all encryption-related matters, all digital markets and digital finance-related matters. This is an important goal for me, and I'm in a very, very fast position。

The Trumps' Art of Trade

Moderator Bonnie: I'm very fond of "The Art of Trade" and I've made a special video about it. How does it affect your view of transactions and commerce

Eric Trump:

I've lived my whole life in The Art of TradeI could say I was born under the Art of Trading. I was very, very small when the book was published. It's like a guiding principle for my life in many ways。

I run Trump Organization every day. Before my father entered politics, I worked with him almost every day and every second。He's my best friend in the world。Those experiences and lessons have been inculcated in us, such as negotiating everything and operating in a very streamlined manner。

We did it completely in American Bitcoin. We negotiate everything and operate with extreme simplicity. We may have the lowest SG& in the whole industry; A costs, and the difference is very clear. We cannot even find a cost structure and efficiency that can compete at the same level as us。

American Bitcoin Policy

Eric Trump:

We do it because we don't pay the CEOs in cash. In the final analysis, what exactly do we want to build? We want to build our own Bitcoin holdout。

If you paid hundreds of millions of dollars to corporate executives that could have been invested in an asset that has grown by about 70 per cent a year over the last decade, which one would have been more valuable to shareholders? Is it executive pay or is it actually collecting Bitcoin, holding Bitcoin and allowing it to grow and appreciate year after year

Moderator David: How do you decide to dig up Bitcoin, how many to sell to the market

Eric Trump:

We tried to hold every bitcoin。The only premise of our entire company is to expand our Bitcoin holdout. Our North Star is an increase in the number of Satoshis per share。

Never sell bitcoin

Moderator David: Michael Saylor just said that he might sell some Bitcoin to finance the dividends. What situation would you turn and decide to sell some Bitcoin? If anyone asked you if you could sell some Bitcoin, what would you do that for

Eric Trump:

That must be..Disaster levelSituation。We're American Bitcoin. We believe in BitcoinI don't know. Whatever happens, it will be very, very difficult for us to sell Bitcoin, which is the only goal of our company as a whole。

You see what the entire ecology of the world is doing, you see what the diaspora investors are doing, and you see what institutional investors are doing. You see the biggest banks in the United States hoarding Bitcoin, and you see the wealth 500 companies putting Bitcoin in the balance sheet in an unprecedented way. You also saw market structure legislation, and the world began to follow the United States in a new way to embrace encrypted currency。

Encryption money is being introduced on a large scale, especially Bitcoin, because Bitcoin is apparently winning the race. This trend has never been seen before. Since we think it is the perfect financial instrument, why should we get rid of it? So our entire premise is to hoard as much as possible。

Two bitcoin competitions

Eric Trump:

We think there are two competitions here。Michael was a good friend of mine, and I know you interviewed him before. I've known Michael for 25 years, long before he entered MicroStrategy。

The first race, who could accumulate most Bitcoin。Michael did incredible work in this area, and he was very far-sighted。The second race, who gets the most Bitcoin at the lowest cost。And I can tell youIn American Bitcoin, what we want to win is this race, and we want to be the one who gets the most Bitcoin at the lowest cost。

Can you grow a dollar of wheat at 50 cents? Can you grow a dollar of corn? Of course, these statements are a little exaggerated, but clearly you can't do it, and the gap is wide. Can you dig a dollar of gold at 50 centsWhat other commodities and products can be extracted at about 50% off the market

That's what American Bitcoin does every day. Relying on our infrastructure, low-cost structures and energy structures is a remarkable business model. We're also so proud of the company coming to this day in just eight months。

The enemy is your friend

Moderator Bonnie: Why does Bitcoin matter to you personally

Eric Trump:

Digital assets are important to me because we were abandoned by banks。In the political sphere of the United States, things are cruel, just as they are in every country, you are there, in Canada and elsewhere. But we were abandoned by the largest bank in the United States, and we did nothing wrong。

We have the best hotels, the best residential buildings, the best commercial buildings and the best real estate in the world. But we got kicked out by the biggest banks, like JP Morgan, Capital One。We were driven out like dogs300 accounts were closed overnight, and we did nothing wrong, just because of politics。

It pushes us into digital assets, into the DeFi world, and we meet people who have been abandoned by those same people。The old sayingThe enemy is a friendI don't know. This is exactly what happened between the Trump family and the encryption industry。

And then we met the smartest group of people we've ever met, and we started hugging the industry and understanding it. Then it made sense to all of us, to you, to you, to all of us. I may have become one of the world ' s most supportive of encrypted money, and that comes from a man who built hard assets all his life, like where we are now。

If you told me five, six, seven years ago that I would be so passionate about digital assets, I would laugh。I would really laugh at you. But now there's nothing more to love than that. I loved what I did in American Bitcoin, what we did in World Liberty Financial, what we did in the currency of stability, and what we did in the ecosystem. I'm so proud of all this。

The most memorable memories of childhood and father

Moderator Bonnie: What are your favorite childhood memories about fathers

Eric Trump:

I like running with him and walking with him。These memories are unique when children look at the building of some of the most impressive buildings in New York, and at the formation of steel, concrete and main structures。

Those New York union contractors are strong, but they are also one of the best builders in the world. Those memories are wonderful. And when I was little, I would build the Lego skyscraper on the floor of my father's office, and he was having very important meetings. It's great to be there like a bystander on the wall。

He's an amazing man. He is doing an excellent job for this country。He is my best friend in the world, and I am so proud of him and so proud of him。

Trump will say at home that I love you

Moderator Bonnie: Will you say "I love you" to each other

Eric Trump:

I often sayHe still calls me HoneyI don't know. He would say, "Honey,Honey." I'm a 42-year-old man with white hair in his beard, and he still calls me Honey. He'll joke about it. He said, “My children, no matter how old they are, no matter how old they are, no matter how old they are, they are already married, they will always be mine, Honey.”

He's a great guy. I'm proud of everything he's achieved. I'm also proud to run our company. Of course, I'm proud to be one of the leaders in the digital asset race. It is to be hoped that in the future we will remember that we have injected much momentum into such assets。