Donald Trump has become the first former president to make a public Bitcoin transaction to buy burgers at a New York restaurant and bar.
On September 18, Trump made history by becoming the first US president to make a public payment using Bitcoin, the largest cryptocurrency on the market.
During a visit to PubKey in New York, which accepts cryptocurrency payments, Trump bought burgers and beers and paid for them with BTC. This event marked a significant milestone in the adoption of cryptocurrencies and digital assets in the American political arena.
By making his first public payment in Bitcoin, Trump is not only highlighting the growing interest he has in this and other cryptocurrencies, but has also underlined the importance of digital assets for his political campaign, in which he seeks to attract an electorate increasingly interested in crypto assets and financial technology.
Trump, who is in the midst of the electoral race for the presidential elections to be held in November, used a mobile phone and a tablet from the establishment to complete the BTC transaction.
The New York Post, one of the oldest newspapers in the United States, reported that the BTC transaction took place in an atmosphere of enthusiasm among the attendees. At the time of the transaction, Trump, 78, stated that the process had been «very easy» and fast, demystifying misconceptions about using Bitcoin and promoting more widespread acceptance.
A historic transaction recorded at block 861.871
The PubKey restaurant and bar team documented Trump's transaction on the Bitcoin blockchain, recording it at block height 861.871.
This fact, shared The move, which has been celebrated by the crypto community, highlights the support that the former US president is giving to the legitimacy and use of cryptocurrencies such as Bitcoin. Although Trump presented himself as a detractor of Bitcoin, in recent months he has radically changed his position, promoting the cryptocurrency as a potential tool for growth and leadership.
The crypto community has reacted positively to this move, with comments highlighting the importance of this moment in the history of Bitcoin and the United States.
Trump’s recent transaction not only positions him as a pro-crypto candidate, but also distinguishes him as an active Bitcoin user. Unlike many in the political arena who have expressed opinions on cryptocurrencies, Trump has taken a step forward by using Bitcoin for everyday consumption. According to analysts, this act symbolizes a transition from mere speculation on cryptocurrencies to their practical use, a shift that could influence public perception about the viability of digital currencies in everyday life.
Bitcoin, the flagship of Trump's presidential campaign
With his recent outreach to Bitcoin and cryptocurrencies, Trump is clearly integrating this innovation into his election campaign. He has promised that, if re-elected, he will make the United States “the crypto capital of the planet” and “the Bitcoin superpower.” Trump has also expressed his intention to fire Securities and Exchange Commission (SEC) Chairman Gary Gensler, who has spearheaded a series of regulations deemed restrictive to the development of the crypto market.
In addition to the above, Trump has presented a new project called World Liberty Financial, with which he seeks to promote decentralized finance and move towards the adoption of cryptocurrencies. The former US president has also promoted NFTs through various artistic projects.
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