Home web3.0 Donald Trump Becomes First Former U.S. President to Use Bitcoin in a Public Transaction

Donald Trump Becomes First Former U.S. President to Use Bitcoin in a Public Transaction

Sep 19, 2024 pm 06:18 PM
Bitcoin Burgers Former President Trump NYC Bar

The campaign stop took place at a New York City bar and restaurant known for its acceptance of the cryptocurrency.

Donald Trump Becomes First Former U.S. President to Use Bitcoin in a Public Transaction

Former U.S. President Donald Trump made history on September 18th when he became the first ex-president to use Bitcoin in a public transaction.

Trump visited a New York City bar and restaurant that accepts cryptocurrency, where he used Bitcoin to purchase hamburgers, as reported by Pubkey on social media and confirmed by Trump's Truth Social post. The event was also attended by Bitcoin enthusiast and Professional Capital Management CEO Anthony Pompliano.

This surprising move comes shortly after Trump announced the launch of his own token through the World Liberty Financial crypto platform, which is allegedly operated by his family members.

The former president's newfound interest in cryptocurrency marks a significant departure from his previous stance, which included dismissing Bitcoin as a "scam" and describing cryptocurrency as "thin air."

However, Trump's campaign has recently adopted a more crypto-friendly approach, with the former president advocating for Bitcoin miners and even speaking at the Bitcoin 2024 conference in Nashville. This latest event appears to be a continuation of that strategy, as Trump handed out "crypto burgers" to attendees.

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