Trump Goes Burgers for Bitcoin as Crypto Pandering Continues

The presidential candidate recently made waves with a public Bitcoin transaction.

Donald Trump dancing between floating hamburgers.
Created by Gabor Kovacs from DailyCoin
  • Donald Trump has taken his crypto president campaign public.
  • The former president recently went burgers for Bitcoin.
  • The Trump family recently launched a new DeFi platform.

In recent months, former President Donald Trump has been increasingly vocal about his embrace of the crypto industry as part of his ongoing campaign to reclaim the White House. Trump has actively courted support from the crypto community, promising a more favorable regulatory environment for digital assets in the U.S.

Taking his campaign to the next level, Trump recently made an interesting move.

Donald Trump’s Bitcoin Burger Spree

Republican election hopeful Donald Trump recently publicly displayed his crypto support. On Wednesday, September 18, 2024, Trump purchased a load of hamburgers using Bitcoin (BTC) as a payment option.

Sponsored

The transaction occurred at the Pubkey Burger Bar in New York City, where the former president was making a campaign stop on his way to a rally. 

At the bar, Trump was seen handing out the bitcoin-purchased burgers to a number of individuals, saying, “this is a crypto burger.”

Trump’s crypto shopping spree comes only two days after the launch of his new decentralized finance project.

Trump’s World Liberty Financial Goes Live

On Monday, September 16, the long-promoted DeFi project by Trump and his family, World Liberty Financial, officially debuted. 

The project, initially named “The DeFiant Ones,” is described by the Trumps as a revolutionary tool that will leverage blockchain technology to challenge the existing flaws in the traditional banking system.

“We are embracing the future with crypto and leaving the slow and outdated big banks behind,” declared Donald Trump.

The Trumps also revealed that World Liberty Financial will offer a more efficient and transparent financial system, making financial services accessible to the average individual.

On the Flipside

  • Donald Trump was previously an open critic of the crypto industry, labeling it a scam.
  • It is unclear exactly how much BTC Trump spent on his burger purchase.
  • At press time, Bitcoin is trading at $63,400.

Why This Matters

Trump’s public support for Bitcoin adds to the growing chatter surrounding his crypto campaign. However, the broader response to Trump’s latest crypto venture has been a mix of praise and skepticism. While some applaud the former president, others question whether it is a genuine commitment or merely a strategic campaign move.

Curious about what Trump’s crypto portfolio looks like? Read this article to find out which assets and how much he holds:
As Trump Pushes “Crypto President” Campaign, Here’s What He Holds

Here’s why the crypto market is buzzing with excitement for a potential imminent bull run:
Why the Crypto Market Believes the Bull Run is Back

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Grace Abidemi

Grace is a crypto reporter for DailyCoin, covering a diverse range of market updates. Grace has minor holdings in Bitcoin & Solana, and moderate holdings in Rune & XRP.

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