Key Takeaways:
- Donald Trump made his first Bitcoin transaction, purchasing hamburgers at a New York bar that accepts cryptocurrency.
- This event marks a shift in Trump’s stance on Bitcoin, aligning with his 2024 presidential campaign’s support for crypto miners.
- Trump’s crypto engagement contrasts with Kamala Harris, who supports the industry through a PAC but hasn’t integrated it into her campaign.
Former U.S. President Donald Trump made headlines by purchasing hamburgers with Bitcoin at Pubkey, a New York City bar that accepts cryptocurrency.
This marked the first time a former president has completed a Bitcoin transaction.
JUST IN – Trump stopped by a local bar in New York City, bought a round of burgers for everyone, and paid the tab in crypto: "The first transaction by a President on the Bitcoin protocol" pic.twitter.com/GQckFXRN3V
— Insider Paper (@TheInsiderPaper) September 18, 2024
The event was highlighted on social media and covered on Trump’s platform, Truth Social.
Attendees included Bitcoin advocate Anthony Pompliano.
Despite previously criticizing Bitcoin as a “scam,” Trump’s stance on crypto has shifted as part of his 2024 presidential campaign, showing support for Bitcoin miners.
The appearance follows his recent involvement with World Liberty Financial, a crypto platform tied to his family.
Polls show Trump trailing Vice President Kamala Harris in New York by 16 points as both candidates approach the 2024 election.
Harris, while not incorporating cryptocurrency into her campaign, has shown support for the industry through the Future Forward PAC, which accepts crypto donations.