Trump pays for a Smashburger and a Diet Coke with bitcoins while campaigning in New York City - a move dubbed "one of the most historic transactions ever
In the run-up to the 2024 presidential election, former President Donald Trump made headlines by making a remarkable campaign stop in New York #City .
What happened: on Wednesday, former President Trump walked into PubKey, a crypto-themed bar in New York City. Trump paid for a burger and a Diet Coke with BTC/USD bitcoins, the Wall Street Journal reported.
Trump's visit to PubKey, a popular spot among #cryptocurrency enthusiasts, was meant to solidify his support from the crypto community. After making a payment using his iPhone, Trump declared the transaction "historic.
Mike Germano, president of #Bitcoin Magazine, praised Trump, saying, Now he's one of us.
Andrew Newman, co-founder of PubKey, noted the movement behind the currency, calling it an important step in bitcoin's history.
Trump, who once criticized bitcoin, has since embraced the industry. He has spoken at cryptocurrency conferences and received millions of dollars in cryptocurrency campaign contributions. He promised to create a more favorable regulatory environment if he is re-elected.
During the event, Trump reiterated his promise to make the U. S. the cryptocurrency and bitcoin capital of the world.
He also promised to abolish central bank digital currencies and proposed the creation of a strategic national bitcoin reserve and a bitcoin advisory board, according to the report.
the PubKey campaign also shared an image of Trump on the X screen, captioning it, One of the most historic transactions in #bitcoin history just took place.
Just had one of the most historic transactions in #bitcoin history.
President Trump @realDonaldTrump buys burgers at @tpacchia and @PubKey_NYC.You first saw it here.
He expressed surprise that the collection sold out so quickly, further increasing his interest in the field of digital assets.
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