Donald Trump made history by using Bitcoin to buy burgers at a NYC bar that accepts BTC, marking a unique moment in his 2024 presidential campaign.
Former US President and 2024 Republican nominee Donald Trump made a splash during a campaign stop in New York City on Sept. 18, becoming the first former president to use Bitcoin in a transaction. The event occurred at Pubkey, a bar famous for accepting cryptocurrency, where Trump used Bitcoin to purchase hamburgers. The moment highlights Trump’s evolving relationship with crypto. He once called Bitcoin a "scam," but now actively engages with the industry as part of his campaign.
Key Points:
Trump Uses Bitcoin for Purchases: During a campaign event at Pubkey, Donald Trump made a landmark move by purchasing burgers using Bitcoin, marking the first time a former US president used the cryptocurrency in a transaction.
A Growing Crypto Advocate: Despite his past criticism of Bitcoin, Trump has included crypto miners and advocates in his 2024 campaign platform. He even appeared at the Bitcoin 2024 conference in Nashville to bolster his support.
Token Launch Announcement: The burger-buying event came shortly after Trump announced the launch of a crypto token through World Liberty Financial, a family-run platform, marking his increasing involvement in the crypto space.
Electoral Strategy: Trump claimed during the event that he has a real shot at winning New York’s electoral votes in the upcoming election, despite a historical trend favoring Democratic candidates in the state.
Contrast with Democratic Rivals: While Trump has leaned into crypto, his Democratic rival Kamala Harris has not made cryptocurrency a key part of her platform, though her campaign is open to supporting industry growth.
Donald Trump’s Bitcoin burger purchase during his New York campaign stop underscores his evolving relationship with cryptocurrency and his attempt to appeal to crypto advocates ahead of the 2024 election. As Trump continues to embrace Bitcoin, his campaign is steering into uncharted digital waters, contrasting sharply with his Democratic opponents.
Source: Cointelegraph
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