- Trump pays for $998.70 worth of burgers with Bitcoin, signaling his growing support for cryptocurrency in the 2024 election.
- Trump’s appearance at PubKey reflects his deeper engagement with the crypto community, aligning with Bitcoin enthusiasts.
- Protesters outside PubKey express opposition, highlighting the divisive reactions to Trump’s alignment with cryptocurrency.
Donald Trump treated his supporters to burgers at a Bitcoin-themed bar in New York on September 18. The event, occurring at PubKey near New York University, is a boost to Trump’s campaign efforts. This gesture highlighted his growing focus on digital assets as he heightens his presidential campaign for 2024.
Trump’s Growing Bitcoin Support
Trump’s appearance at PubKey was not just about free food but signaled his deeper engagement with the cryptocurrency community. Upon entering the dimly lit bar, Trump asked, “Who wants a burger?” and proceeded to cover the bill, totaling $998.70.
The former president used the Strike app, built on the Lightning Network, to make the Bitcoin payment, which was processed through the Zaprite app. This transaction was a symbolic gesture highlighting his increasing alignment with digital currencies.
Trump’s recent activities also reflect his growing support for the crypto industry. Earlier this year, he spoke at the Bitcoin 2024 conference in Nashville, where he promised to appoint crypto-friendly regulators and promote a national Bitcoin reserve if elected. The meal event at PubKey continues this strategy of courting the digital asset community as Trump promotes his decentralized-finance project, World Liberty Financial.
A First for Bitcoin and U.S. Presidents
Notably, this event marked the first time a former U.S. president publicly paid for goods using Bitcoin. Trump’s interaction with the enthusiastic crowd, offering both burgers and Diet Cokes, was well-received.
After completing the transaction, Trump remarked, “Bitcoin is really happening,” signaling his recognition of cryptocurrency’s viability as a payment option. Drew Armstrong, PubKey’s co-founder, noted the historical moment, adding that the bar has become a hub for Bitcoin education and awareness.
Mixed Reactions and Political Strategy
While Trump’s engagement with Bitcoin enthusiasts was well-received inside the venue, protesters outside expressed opposition. Organized by the group Rise and Resist, demonstrators voiced their discontent with Trump’s continued political activities. Their presence highlighted the divisive reactions Trump continues to get, even as he attempts to court new voter blocs through his alignment with cryptocurrency.
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