Trump Uses Bitcoin to Buy Burgers, Rallies Support from Crypto Enthusiasts

  • Trump paid $998.70 in Bitcoin for burgers at PubKey, using the Strike app.
  • Trump is promoting World Liberty Financial, a new decentralized finance project.
  • The visit aims to gain support from the cryptocurrency community for his campaign.

US Republican presidential candidate Donald Trump visited PubKey, a Bitcoin-themed bar near New York University, on September 18. He treated his supporters to burgers and paid with Bitcoin, aiming to connect with the cryptocurrency community.

Trump Mixed Reception Turns Positive

Trump was initially greeted with boos and shouts of “loser” upon arrival. However, the atmosphere changed when he entered the dimly lit bar. He asked, “Who wants a burger?” and the crowd responded positively. 

He spent $998.70 on the burgers using the Strike app, built on the Lightning Network. PubKey used the Zaprite app to receive the payment. They also offered complimentary Diet Cokes to go along with the meal. 

Courting the Crypto Community

This move is part of Trump’s broader effort to engage the cryptocurrency community. He is courting crypto enthusiasts for votes, donations, and support for his new project, World Liberty Financial. 

He and his sons have been promoting this decentralized finance platform. In July, Trump gave the keynote speech at the Bitcoin 2024 conference. He promised to appoint crypto-friendly regulators and build a national Bitcoin stockpile if re-elected.

A Strategic Move for Votes

Trump’s recent visit aligns with his push for crypto support. On September 16, he unveiled World Liberty Financial during a live stream. PubKey’s co-founder, Thomas Pacchia, praised the visit as significant for the Bitcoin community. The bar frequently hosts events to educate the public about Bitcoin.

Trump’s use of Bitcoin for everyday transactions shows his intent to connect with the crypto community. By promoting crypto-friendly policies, he seeks to gain support in the upcoming election. This effort comes as digital assets strive for broader acceptance amid regulatory changes.

Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

Other posts