Trump really made big news! He went to PubKey, a cryptocurrency bar in Manhattan, New York, and yelled that he would buy everyone burgers. Guess what? He actually did it!
The bar owner brought a Bitcoin payment code, and Trump, holding his custom iPhone, tried to scan the code to pay. As a result, he was confused by this high-tech, and finally the bar owner and his assistant helped him to fix it. After the payment was successful, Trump smiled so hard that his teeth were exposed and shouted "History is being made."
I heard that Trump spent about $950 in Bitcoins to buy everyone handmade hamburgers and diet cokes at a price of $17 each. This old man is really interesting.
After paying, he also commented on the Federal Reserve's 50 basis point rate cut. He said that if it wasn't political manipulation, then the US economy was in such bad shape. This was really direct.
When Trump hosted the dinner, Bitcoin was strengthening, and the latest price had exceeded $62,000. This old man really knows how to choose the time.
Although Trump may not know much about Bitcoin, he has made a lot of promises to the cryptocurrency industry this year. He said that if he wins the election in November, he will stop the Federal Reserve's work on central bank digital currency. He also said that he would fire SEC Chairman Gary Gensler. When this statement came out, the fans at the scene applauded and cheered.
He also said that he wanted to make the United States the "global capital of cryptocurrency and Bitcoin", and to create a "strategic Bitcoin national reserve" in the United States, as well as a special presidential advisory committee on cryptocurrency. This old man is really ambitious!
But then again, there are reasons for Trump's change of position. On the one hand, it is for votes and campaign funds. After promising to provide a more favorable regulatory environment, he has received millions of dollars in cryptocurrency political donations. On the other hand, it is also for family interests. He and his two sons recently unveiled a new cryptocurrency business, saying that it will provide opportunities for those who cannot obtain financing from traditional banks.
Trump, who was born as a businessman, naturally knows how to use all resources. He even used his campaign identity to make a fortune. It is said that he made nearly $7.2 million in 2023 by granting a license to an NFT company. The company is selling Trump-themed NFT "trading cards". At the end of last year, he also issued a special edition NFT, which was the red tie and suit he wore when he was arrested. This old man is really $BTC
It's fun! $BTC
