Donald Trump Purchases Burgers with Bitcoin at New York City Bar

Republican presidential candidate Donald Trump made headlines by visiting a well-known New York City bar and restaurant that accepts Bitcoin, marking his first known use of the cryptocurrency. This event made Trump the first former U.S. president to conduct a Bitcoin transaction.

On Sept. 18, Pubkey shared a post on X (formerly Twitter), revealing that Trump used Bitcoin to buy hamburgers during his visit. Also present at the event was Anthony Pompliano, CEO of Professional Capital Management and a notable Bitcoin supporter. Trump himself shared the moment on his social media platform, Truth Social.

The visit came just under two days after Trump announced a new token project through the World Liberty Financial platform, which is managed by members of his family. Despite previously dismissing Bitcoin as a “scam” and criticizing cryptocurrencies as being “based on thin air,” Trump has now shown support for Bitcoin miners as part of his 2024 presidential campaign. He even addressed attendees at the Bitcoin 2024 conference in Nashville, Tennessee, further solidifying his shift in stance on the digital currency.

There has been no official confirmation from Pubkey’s marketing team about whether the Bitcoin transaction was processed using the Lightning Network. However, video footage shows Trump purchasing around a dozen burgers and distributing them to the crowd, referring to them as “crypto burgers.”

It’s been reported that Trump holds at least $1 million worth of cryptocurrency. Interestingly, former President Bill Clinton also acquired Bitcoin during an event in 2016.

Just 48 days until US election, Trump expressed confidence that he has “a real shot” at securing New York’s electoral votes, despite the state leaning Democratic since 1988. According to an August ActiVote poll, Vice President Kamala Harris held a 16-point lead over Trump in New York.

Unlike Trump, Harris has not incorporated cryptocurrency into her campaign. Experts in the crypto industry speculate that she is unlikely to stray far from the Biden administration’s approach to digital assets. However, one of her senior advisers stated in August that Harris would be willing to “support policies” aimed at fostering growth in the crypto industry.

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