In short
- Trump Jr. described his experience with regular media as ‘a disaster’, in which their exclusion from coverage to debanked was compared.
- He said that independent points of sale, podcasts and long sizes fill holes that have been left behind by traditional press.
- Observers told Decrypt That credibility depends on transparency and accountability, regardless of the outlet.
Donald Trump Jr. told a full of meeting room on Token 2049 in Singapore how the unfair treatment of the media had encouraged them to create alternative forms to channel attention and involvement.
Trump, the son of US President Donald Trump and co-founder of World Liberty Financial, said that the crypto project was the result of the efforts of the first family to promote more friendly coverage.
“I think my overall experience with the media has been, let’s call it, a disaster,” said Trump Jr. “Where we start to get a fair shake, is that the media have discredited themselves so often and so much that the media, such as finance, are shifting to alternative forms.”
Trump Jr. And his family are increasingly active in the digital assets space through several projects that seem to have generated enormous profit for them, but also blown back from critics who believe that the Trumps have promoted their own interests.
Trump Jr. called “the independent journalism route, the podcasts, people who are over for a long time”, as part of a trend where communication can be conceived as “not just delivering a good bite for all the company forces they would do.”
He said that these formats would make ‘real’ conversations possible and offered the possibility for people outside of traditional media to fill a ‘void’. Including his family.
“We came in crypto because – out of necessity –We were debitSo we came up with a solution, “said Trump Jr., pointing to how they were postponed in the same way as the media, closed and thrown away ‘every conceivable platform’.
Trump Jr. and his brother, Eric Trump, have often talked about taking up challenges in the banking sector, with Eric says earlier this year That “some of the largest banks in the world” have canceled their bills after President Trump’s first term. Eric Trump also blamed “Woke Annul Culture” for the trend.
Trump’s comments made largely favorable assessments of observers of the crypto industry.
In an interview with DecryptTory Green, co-founder and chairman of decentralized GPU platform io.netemphasized the importance of “transparency and accountability”, and said that regular media often overlooking important details about crypto, for example “why independent points of sale matter.”
On reference to the removal of the President of Social Mediaplatforms after the US Capitol attack of January 6 in 2021, the founder and CEO of Coin Bureau Nic Puckrin told Decrypt That “deferred” was wrong.
“You should have an opinion. You should be able to share it, right?” Said Puckrin. “It doesn’t matter what people think about it, you should be able [opine]Thus the platform is bad, “Although he added that the story of Trump Jr. of course” was a bit of a spider. “
Cecilia HSUEH, Chief Strategy Officer at MEXC, said that alternative media often did better work to cover the crypto industry itself than regular points of sale that the culture and pace of the industry miss.
“Crypto is very unique,” she said. “The way we do things, the one – it’s fast, it switches quickly.”
She added: “Traditional media have” this perception [on crypto] That it is first a speculation, and then they use that perception to look at what we do: all the initiatives, the creative ideas “, although she noticed positive changes as” Bitcoin has become a mainstream active. “
Decrypt Handed to World Liberty Finance and Donald Trump Jr. For extra comments, but did not receive a response immediately.
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