The announcement comes days after he announced the launch of decentralized finance (DeFi) platform World Liberty Financial in an interview. Decryption According to our sister company LaGradio, former US President Donald Trump Public Key A bitcoin bar in Manhattan on Wednesday.
Bitcoin supporters at the bar helped Trump through the process, including scanning a QR code with their smartphones to approve the transaction. After a moment of uncertainty about whether the transaction had gone through, one of the men helping Trump said, “Yep, it went through!”
During a stop at a Bitcoin-themed bar in New York, President Trump expressed hope that the Republican Party will win in New York in the upcoming US elections.
“This is a great place. I just made my first transaction in Bitcoin,” Trump said to cheers from the crowd. “All of you crypto fans, crypto enthusiasts as I call you, I believe,” he said, urging crypto enthusiasts to get out and vote in November.
“Go out and vote. We can't lose if you vote. The SEC has treated you badly so far, but we're going to treat you fair, because you have to go out and vote,” Trump said.
President Donald Trump warned on Monday that cryptocurrency startups would face “hellish life” under the U.S. Securities and Exchange Commission's (SEC) regulatory regime if Vice President Kamala Harris wins in November.
“If we don't win the election, all the people who were under investigation and are now free, and all the people in the crypto world who weren't under investigation, are going to live in hell, because if they win the election, hell starts the day after the election,” Trump said.
Crypto has become a political issue in Washington as Donald Trump has reinvented himself as a Bitcoin skeptic and advocate for the currency. Trump has launched several NFT collections on the Ethereum scaling network Polygon, which the Republican presidential candidate believes is why he has changed his mind about Bitcoin and cryptocurrencies.
Bitcoin is generally considered a better store of value than a means of everyday payments, and some crypto-related Twitter commenters criticized the idea of asking President Trump to pay them in BTC in the real world.
Sorry for my photography skills but I had to take a picture of the first item purchased by the US President with Bitcoin… and since this is America it had to be a cheeseburger 🇺🇸 pic.twitter.com/rGez1oZHMB
— David Bailey🇵🇷 $0.65mm/btc is the bottom (@DavidFBailey) September 18, 2024
When asked what the experience was like buying burgers for the crowd using Bitcoin, Trump noted how easy it was.
“This is the beginning of a new era,” Trump said. “It's pretty amazing what they've accomplished in a short amount of time, and when you look at the value, when you look at the numbers, it's bigger than many of the largest companies in the world combined. It's incredible.”
Editor: Andrew Hayward
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