Republican

Donald Trump

DONALD TRUMP

President Donald Trump

<h4><strong>Former US President Donald Trump expressed his love and support for cryptocurrencies this week after being spotted at a crypto-friendly bar, PubKey, in New York. </strong></h4>
<p>The Republican presidential candidate reportedly paid for his burger using Bitcoin.</p>
<h5><strong>Trump Buys Bitcoin at NYC Bar, Backs Crypto</strong></h5>
<p>The event made Trump the first former US president to purchase Bitcoin. Videos from Fox show Trump heading into the bar. Bitcoin and cryptocurrencies have been a huge part of Trump’s campaign to return to the White House.</p>
<p>His trip to PubKey came days after his speech supporting World Liberty Financial, a crypto project Trump is said to be heavily involved in. Interestingly, Trump previously held negative views about cryptocurrencies. But has since made a drastic change during his campaign. The former US president famously <a href="https://www.altcoinbuzz.io/cryptocurrency-news/donald-trump-to-speak-at-bitcoin-2024-conference/" target="_blank" rel="noopener noreferrer nofollow">appeared at the Bitcoin Conference in July</a> and supported Bitcoin miners.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">WATCH: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> DONALD TRUMP MAKES FIRST <a href="https://twitter.com/hashtag/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BITCOIN</a> TRANSACTION AT NYC BAR <a href="https://t.co/rAjae6agH1" rel="noopener noreferrer nofollow">pic.twitter.com/rAjae6agH1</a></p>
 <p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1836511791557341250?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 18, 2024</a></p>
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<p>While most crypto executives back the former President, Kamala Harris appears to have secured a stronger presence at the polls since the debate earlier this month. According to <a href="https://www.forbes.com/sites/saradorn/2024/09/19/trump-vs-harris-2024-polls-harris-leads-by-2-points-in-latest-survey/" target="_blank" rel="noopener noreferrer nofollow">Forbes</a>, Harris made a strong impression during the debate, but the election is still weeks away, leaving room for possibilities.</p>
<h5><strong>US Election Could Bring a Turning Point for Crypto Industry</strong></h5>
<p>The US has seen significant progress in its embrace of digital assets. However, compared to other major economies, the US has a long way to go before becoming a major player in the industry. The Biden administration was largely seen as antagonistic to the industry. Under this administration, the SEC took several enforcement actions against major crypto firms.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">NEWS: VP Harris says at a fundraiser on Wall St. that she “will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.”</p>
 <p>— Jennifer Epstein (@jeneps) <a href="https://twitter.com/jeneps/status/1837941967050686719?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 22, 2024</a></p>
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<p>As a result, most crypto companies looked to operate overseas, in regions with warmer policies. However, the coming election could be a game-changer for the industry. Both major candidates have expressed interest in the industry. Regardless of who comes out on top in November, the election could mark the start of better times for crypto in the US.</p>
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/donald-trump-pays-for-burgers-with-bitcoin-at-nyc-bar/" rel="noopener noreferrer nofollow">Donald Trump Pays for Burgers with Bitcoin at NYC Bar</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Donald Trump Pays for Burgers with Bitcoin at NYC Bar

Altcoin Buzz

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