At the beginning of his address, he emphasized a strong focus on artificial intelligence and stated that cryptocurrencies will be the future of finance. "This is something we, as the Trump Organization, got involved in very early because, as you have seen in this part of the world and other parts of the world, democracy is not always democracy. Democracy has been and continues to be instrumentalized worldwide, which created a problem for us. As for crypto, we entered crypto not because we were at the forefront of technological innovation, but because we had no choice," he said.
He noted that his family has been involved in real estate for decades and only recently entered the technology sector. "One morning we woke up and 300 bank accounts were suddenly closed. Some of the world’s largest banking institutions suddenly said: congratulations, you no longer have an account with us. These were not political accounts. These were operational accounts for a restaurant within a hotel we owned, for paying waitstaff who are not politically engaged and have nothing to do with it. We entered these technologies because we had no choice. Fortunately, we have a large platform and a stable balance sheet, and unlike many people who faced the same form of instrumentalization of power against them, we were in a position to fight, no matter how difficult it was," added Trump Jr.
The eldest son of the U.S. president also dedicated part of his address to artificial intelligence, with a particular focus on energy. "This is a race that Western civilization simply must win. There is a point after which, if someone goes too far in computational power, there is no turning back. The winner of this race will decide many things. Even in America, although there may be some advantage, some areas where we are lagging clearly relate to energy. I think this might be an area where, as we discussed earlier, there are underutilized hydropower resources. Energy will be what drives all of this. You cannot win the artificial intelligence race without energy. While AI is 'attractive,' and energy is viewed as something old-fashioned and not part of the 'green new scam,' energy will be everything," he said.
On this topic, he further stated that the issue of artificial intelligence and cryptocurrencies will be a "fundamental struggle for Western civilization and its values."
Later in his address, he commented on the elections in Hungary, viewing them through his personal perspective. "Viktor Orbán has been a true fighter for Western values and those beliefs, and I think that is fundamentally important, not just for Hungary, but if you look at Europe as a whole—and I am European. My mother was born in what was then Czechoslovakia. Now it is the Czech Republic. My political alignment probably started long before 2016. Obviously, I have always been conservative, but I probably didn’t know why, and these were perhaps unplanned, or maybe planned, effects of my mother sending me every summer to what was then Czechoslovakia from the age of five," he said.
Trump Jr. then criticized communism, the political system of power in the former Czechoslovakia. "I went there, met people, spoke the language fluently, and it really became part of me, but I also had the opportunity to experience real communism and what was happening. When you see and experience it, and wait in bread lines as a child—my grandfather, who took me there every summer, didn’t want to stand in bread lines. He sent me to do it. It has always been interesting and ironic to me that all those who preach the great virtues of socialism and communism have never actually lived under that system. They have never lived in those systems. They talk about it, you know, from an academic side, theoretically, but never in practice. No one who fled the Soviet bloc and came to America in the 70s or 80s, before the fall of the Berlin Wall, preaches the great virtues of communism. No one who came to America on a raft from Cuba says: you know what? I left that, but I’d like to bring it here. We should really bring it back," said Trump Jr.
He called Eastern European countries the "last hope for Europe," criticizing Western countries through the lens of excessive migration. In this context, he referred to France and the United Kingdom as "Muslim countries." "People who are willing to stand and fight in Eastern Europe for those values, to fight to preserve the traditions they cherish and that are very aligned with America—those people need support. Those people need help. God knows, between USAID scams and the Soros Foundation and billions of dollars going into those countries against those individuals, and you’ve seen the same in your neighborhood in Serbia. I’m sure the same has happened here, and obviously in Hungary. That’s why I think it is fundamentally important to ensure that those who share your values win in those elections. Again, this is important not just from a political standpoint, but for our children, for whom we are ultimately doing all of this, and we want to leave them a better world. But this is inextricably linked to business because policies, you know, conservative governments with Western values enable growth," he said.
At the end, he returned to the issue of the elections in Hungary, where he supported Prime Minister Viktor Orbán, calling his political opponents "communists," even though the main opposition party is led by a person who was once a close associate of Orbán and holds views that could be described as moderately right-wing. "I think everyone watching, everyone involved—I know there is a large population here who may also live in Hungary—must do whatever it takes to go out and vote and ensure that communists do not take over Hungary, because if Hungary falls, the vast majority of Eastern Europe will too. I think he is one of the true fighters in the region, more than most, and I think those people need support," said Donald Trump Jr.
