The former U.S. President Donald Trump made his first public Bitcoin transaction at PubKey Bar in New York City. On September 18, 2024, Trump used Bitcoin to buy cheeseburgers, marking a significant departure from his earlier skepticism towards digital currencies. This historic event highlights Trump's evolving stance on Bitcoin and his growing engagement with the cryptocurrency community.
In a historic move, former U.S. President Donald Trump became the first former president to use Bitcoin in a public transaction. On September 18, 2024, Trump made headlines by purchasing cheeseburgers at PubKey Bar, a Bitcoin-themed establishment in New York City's Greenwich Village. This transaction is notable for its symbolic significance in the world of cryptocurrency.
Trump’s purchase was recorded at blockchain block number 861871, marking a memorable moment for Bitcoin enthusiasts.
The transaction took place at PubKey Bar, a venue known for its welcoming attitude towards the crypto community.
Trump’s decision to use Bitcoin for this purchase was shared widely on social media, including the bar's official X account and Trump’s Truth Social account, drawing considerable attention from both the media and the cryptocurrency community.
This Bitcoin transaction represents a significant shift in Trump’s approach to cryptocurrency. Previously known for his skeptical views, Trump’s acceptance of Bitcoin highlights a new openness towards digital currencies.
This event may influence broader acceptance of cryptocurrencies in mainstream finance and further boost the legitimacy of Bitcoin as a payment method.
During his visit to PubKey Bar, Trump expressed his enthusiasm for Bitcoin, calling the transaction “quick and easy.” He also addressed Bitcoin enthusiasts, advocating for fair treatment of the cryptocurrency community and criticizing the SEC’s past handling of digital currencies.
Trump’s positive remarks and public endorsement signal a notable change from his previous stance, reflecting a growing engagement with the crypto space. This shift underscores his evolving perspective on the transformative potential of digital currencies. Recently Elon Musk supported Donald Trump with his bold prediction that Trump's win could Fix the US debt financial crisis.
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