Key Points:
- Donald Trump made headlines by purchasing hamburgers with Bitcoin at PubKey Bar in New York.
- Donald Trump burger purchasing is seen as part of his strategy to engage with the crypto community.
Former US President Donald Trump reached the front page headlining a public Bitcoin transaction big moment in his career and crypto industry.
Read more: Former President Donald Trump Promises Harsh Tariffs To Strengthen USD
Donald Trump Burger Purchasing Makes Historic with Bitcoin Transaction
On September 19, Trump visited the famous crypto-themed bar PubKey Bar in New York and purchased hamburgers using Bitcoin. The Donald Trump burger purchasing is historic in that for the first time ever, a former US president has publicly used any form of cryptocurrency to make a purchase.
In Trump’s case, the transaction came out to $998.70 for several dozen burgers paid via Strike-one of the most popular apps utilizing the Lightning Network. The bar utilized Zaprite on the receiving end to process the Bitcoin payment.
Drew Armstrong, the co-founder of PubKey, confirmed that he did indeed sell them and that the former president even distributed the burgers himself, labelling them playfully as “crypto burgers.” The action was met with fanfare in the bar and only served to further clinch his latest involvement in the cryptocurrency world.
Private Token Launch via World Liberty Financial
The whole Donald Trump burger purchasing has attracted massive attention, considering how much Trump in the past has expressed a lot of scepticism towards cryptocurrency. Many are guessing if this change of heart could be part of his campaign strategies aimed at securing crypto enthusiasts’ votes. The move also came after an assassination attempt on Trump’s life put him under even closer scrutiny.
Aside from the burger transaction, Trump recently announced the launch of a private token through World Liberty Financial. The new token will allow holders to vote on matters of governance much like voting shares work in publicly traded companies.
Whether this is a true Trump crypto-epiphany or just a campaign gimmick, of course, is open to question. What it does mean is that the erratic billionaire’s public career now has a whole new chapter opened in politics and in the world of high finance: Bitcoin.
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Source: https://coincu.com/283472-donald-trump-burger-purchasing-causes-excitement