The former US president and the 2024 Republican nominee dropped by Pubkey, a Bitcoin bar in New York City, on Sept. 18.
Donald Trump, the Republican Party Presidential nominee, visited a bar and restaurant in NYC known for accepting Bitcoin, becoming the first former US president to transact with the cryptocurrency. According to a Sept. 18 X post by Pubkey, Trump decided to buy hamburgers at the NYC bar using Bitcoin (BTC), and the tickers read $62,419. BTC advocate and the CEO of Professional Capital Management, Anthony Pompliano, attended the event, and the information was also shared on Trump’s Truth Social account.
The event took place less than forty-eight hours after the Republican nominee announced that he would be introducing a token through the World Liberty Financial crypto platform, which is owned by his family members. This makes it all the more ironic that Trump has endorsed BTC miners as part of his 2024 campaign and also spoke at the Bitcoin 2024 convention in Nashville, Tennessee.
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Even after contacting Pubkey’s marketing staff over Telegram, they declined to confirm whether the specific BTC transaction was processed through the Lightning Network (LN). There was a video of Trump purchasing at least 12 hamburgers, which he distributed among the people and referred to as ‘crypto burgers.’
Recently, there are signs that Trump may hold at least $1 million worth of cryptocurrency. Former US President Bill Clinton also owned Bitcoin, which was given to him at an event in 2016.
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The GOP nominee also stated that he could “earn a majority” of the electoral votes for the state in November, even though Democrats have won every contest since 1988. An August ActiVote poll showed Vice President Kamala Harris leading Trump by 16 points in the state.
While Trump has incorporated crypto into his campaign, Harris has not made similar efforts. Executives and analysts from the crypto industry speculate that she will not be able to distance herself significantly from Biden’s policies regarding crypto and blockchain.
However, in August, one of Harris’ senior advisers mentioned that the US vice president would “support policies” for the industry’s growth.
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