On September 19, former US President Donald Trump made a historic Bitcoin transaction to buy a hamburger at PubKey Bar, New York, marking the first time a former US president publicly used cryptocurrency.
Donald Trump first used Bitcoin to buy a burger at a bar in New York
After hissecond assassination attempt , former US President Donald Trump has attracted the attention of the crypto community when he made a historic transaction using Bitcoin to buy a hamburger at PubKey, a famous crypto-themed bar in New York City. This is not only the first time a former US president has publicly traded in Bitcoin, but also clearly shows Trump's strong support for cryptocurrencies.
One of the most historic transactions in #bitcoin history was just made.
— PUBKEY (@PubKey_NYC) September 18, 2024
President @realDonaldTrump buying burgers at @PubKey_NYC with @tpacchia .
Block Height: 861871
You saw it here first. pic.twitter.com/moHUIKDxej
Pubkey's X account Chia :
"One of the most iconic transactions in Bitcoin history just took place. President Donald Trump bought a burger at Pubkey at Block: 861871"
Donald Trump received assistance from PubKey staff to scan the QR code to pay with Bitcoin on his phone. There was a brief moment of concern about whether the transaction was successful, but soon after, someone in the bar confirmed: “The transaction was successful!”
Trump then spoke to the cheers of the crowd at the bar, encouraging crypto voters to vote in November. Trump Chia :
"This is a really cool place and I just completed my first Bitcoin trade. Crypto enthusiasts get out and vote because if you do, we can't lose. The SEC has treated you guys so badly and we're going to change that."
The former President personally handed out burgers to customers in the bar, excitedly calling them "crypto burgers", making the atmosphere at the bar more vibrant and exciting than ever.
NEW: Donald Trump buys burgers as his first Bitcoin purchase at a crypto-currency-themed bar in New York City before handing them out.
— Collin Rugg (@CollinRugg) September 18, 2024
Trump paid for food at the crypto-themed Pubkey bar for the entire restaurant.
The campaign stop comes before Trump is set to hold a… pic.twitter.com/0oAFSHgZCB
A series of memecoins were created right after the event, notably Crypto Burger, whose Capital quickly reached $4.5 million, skyrocketing 141,000% just hours after its launch.
15m chart of BURGER/WETH pair on DEX Screener at 11:20 AM on 09/19
However, the Trump-related memecoin PolitiFi , did not see much movement, only increasing slightly after the news of Trump buying burgers with Bitcoin spread.
This move appears to be Trump's attempt to regain support from the crypto community, especially after he "fell off the horse" in the first debate with Vice President Harris, causing the value of memecoins about Trump to plummet .
Trump recently officially launched a DeFi project called World Liberty Financial, run by his family members, to affirm his commitment to the cryptocurrency sector. However, the press conference to launch World Liberty Financial did not mention details about the project, instead it was more like an interview and a call to elect Donald Trump.
Despite previously calling Bitcoin a "scam," Donald Trump has changed his stance and publicly supported crypto during his 2024 US presidential campaign. He also pledged his vision of making the United States the "crypto capital of the world " and affirmed his support for Bitcoin Miners if elected in November.
Trump said the release of the Non-Fungible Token collection changed his attitude towards cryptocurrencies, giving him a different perspective on the potential of blockchain.
Trump has so far released four Non-Fungible Token collections on Ethereum and Bitcoin, which quickly sold out after going on sale and helped him earn millions of dollars .
Coin68 synthesis
Join the discussion about the HOTTEST issues of the DeFi market in the Fomo Sapiens chat group with Coin68 admins!!!
