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Eric Trump was roasted on social media for describing a bizarre scenario in which he was drinking wine while trading half a billion dollars in bitcoin.
During a Fox Business segment on Thursday morning, Eric complained about the current state of e-commerce, specifically citing the inability to send a “swift wire transfer” past 5 p.m. on a Friday. He then compared that to the relative ease that comes with transferring cryptocurrency.
“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.”
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The post ‘Out of Touch’: Eric Trump Roundly Mocked for Comment About Drinking Wine and Trading $500 Million in Bitcoin first appeared on Mediaite.
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