🚨 Time is Running Out: Reserve Your Spot in the Lucky Draw & Claim Rewards! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!

Donald Trump Treats Supporters to Burgers, Pays in Bitcoin

Key Takeaways

  • Donald Trump bought burgers for supporters at the PubKey bar in New York and paid with Bitcoin;
  • It may be the first time a former US president publicly used Bitcoin for a transaction;
  • This gesture is part of Trump's strategy to engage with the crypto community.
Donald Trump Treats Supporters to Burgers, Pays in Bitcoin

Donald Trump made a gesture to the crypto community on September 18, buying burgers for supporters and paying with Bitcoin (BTC).

Trump's arrival at the Bitcoin-themed PubKey bar in New York was met with mixed reactions: a handful of protesters outside the bar greeted him with jeers, while inside, Bitcoin enthusiasts and Trump supporters welcomed him with applause.

"Who wants a burger?" he asked as he entered the bar, treating visitors to a free meal, as reported by Bloomberg.

What is a MetaMask Wallet? (And How to Use it - Animated)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

PubKey is a popular spot for Bitcoin enthusiasts, regularly hosting events to educate people about the cryptocurrency and featuring a "shrine" dedicated to it.

According to the bar's co-founder Drew Armstrong, Trump spent nearly $999 on burgers, paying via a payments app called Strike, which runs on the Lightning Network. Thomas Pacchia, another co-founder of PubKey, remarked that this could be the first time a former president made a purchase with Bitcoin. He commented:

A former president, a potential future president, this is a real coming of age for the Bitcoin community.

However, not everyone was thrilled with Trump's appearance. A group of protesters stood outside the venue holding signs with phrases like "CONVICTED OF FRAUD" and blasting songs by Taylor Swift, an artist who has recently been vocal in her opposition to Trump.

This visit to the bar comes as part of Trump's broader effort to gain support from the crypto community. He previously spoke at the Bitcoin conference, where he promised to appoint pro-crypto regulators and suggested creating a national Bitcoin reserve if re-elected. Trump is also launching a DeFi platform called World Liberty Financial aimed at challenging traditional banks.

Whether this will help Trump's political campaign remains to be seen, but his embrace of Bitcoin certainly positions him as a unique figure in the 2024 race.

Gode S. , Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

Loading...
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
5.0 Rating