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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/news/crypto-news-laser-eyed-biden-accidentally-champions-bitcoin/">Crypto News: “Laser-Eyed Biden” Accidentally Champions Bitcoin?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In a twist of events that left the cryptocurrency community both amused and surprised, US President Joe Biden inadvertently stepped into the Bitcoin spotlight. The President, known for his criticism of cryptocurrencies, unwittingly sported a pair of “laser eyes” on a coffee mug during a recent video.</p> 
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   <p lang="en" dir="ltr">A cup of Joe never tasted better.<br><br>Grab yours: <a href="https://t.co/4fbxCBQNPZ" rel="noopener noreferrer nofollow">https://t.co/4fbxCBQNPZ</a> <a href="https://t.co/s2qboyE7C1" rel="noopener noreferrer nofollow">pic.twitter.com/s2qboyE7C1</a></p>— Joe Biden (@JoeBiden) <a href="https://twitter.com/JoeBiden/status/1687120734793986048?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 3, 2023</a> 
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<h2 id="a-meme-ignites-the-cryptoverse" data-name="a-meme-ignites-the-cryptoverse" class="wp-block-heading"><strong>A Meme Ignites the Cryptoverse</strong></h2> 
<p>The coffee mug, featuring Biden’s face adorned with glowing red “laser eyes”, immediately caught the attention of Bitcoin enthusiasts around the globe. The “laser eyes” phenomenon has been a notable meme within the cryptocurrency community, symbolizing bullish sentiments for Bitcoin’s price. In fact, it initially originated as part of a movement aiming to drive Bitcoin’s price to $100,000 by the end of 2021.</p> 
<p>The meme has been embraced by notable figures like NFL star Tom Brady, Paris Hilton, and even Elon Musk. The crypto community couldn’t help but seize the moment with Biden’s unintentional endorsement, flooding his post with delighted and humorous responses.</p> 
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 <p>Notably, Gabor Gurbacs <a href="https://twitter.com/gaborgurbacs/status/1687138444705718272" rel="noopener noreferrer nofollow">exclaimed</a> on Twitter, “Joe Biden is a Bitcoin maxi now. Laser eyes and everything. Haters in disbelief.”</p> 
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<h2 id="a-wake-up-call" data-name="a-wake-up-call" class="wp-block-heading"><strong>A Wake-up Call?</strong></h2> 
<p>The irony wasn’t lost on crypto followers, as the Biden administration has faced criticism from the community for its stance on cryptocurrencies, which includes controversial tax proposals for digital asset miners and other “anti-crypto” political efforts.</p> 
<p>The mug design is actually a nod to Biden’s meme-based online alter-ego, “Dark Brandon,” and was likely not intended to reference Bitcoin. However, the crypto community took the opportunity to add a twist of humor to the situation. One user even quipped that Biden had just provided the “biggest endorsement of Bitcoin history.”</p> 
<h2 id="the-bigger-picture" data-name="the-bigger-picture" class="wp-block-heading"><strong>The Bigger Picture</strong></h2> 
<p>This amusing incident arrives at a time when the world of cryptocurrencies is gaining momentum. Amidst an environment of significant crypto developments, such as the incoming BlackRock ETF, SEC losing battles, pro-Bitcoin presidential candidates, and increased protection for crypto mining in multiple states, the accidental “endorsement” only adds to the excitement.</p> 
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 <p>Dennis Porter, the CEO of Satoshiactfund, aptly summed up the current state of affairs in a tweet, “<a href="https://twitter.com/Dennis_Porter_/status/1687156055552516096" rel="noopener noreferrer nofollow">If you haven’t bought any #Bitcoin yet, now might be the time</a>.”</p> 
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<p>Whether intentional or not, President Biden’s foray into Bitcoin memes adds another interesting chapter to the unfolding story of cryptocurrency’s journey into mainstream acceptance.</p>

Crypto News: “Laser-Eyed Biden” Accidentally Champions Bitcoin?

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