Trump’s Bitcoin Transaction Makes History at NYC Crypto Bar – Will This Sway Voters?

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Trent Alan

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Trent Alan

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Trent has a background and education in journalism and communications, with two decades of experience editing and writing on a diverse array of topics. In recent years, however, he has shifted his...

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September 17, 2024

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Former U.S. President Donald Trump surprised patrons at PubKey, a cryptocurrency-themed bar in Manhattan, when he conducted a Bitcoin transaction, marking a first for a former or sitting U.S. President.

The event occurred on Wednesday, prior to Trump’s scheduled rally on Long Island, as captured in a Fox News video showing the former president entering the establishment and subsequently completing a Bitcoin transaction with assistance from PubKey staff.

Trump Bitcoin Connection Extends Beyond the Bar

This public display of Bitcoin use follows Trump’s recent endorsement of World Liberty Financial, a cryptocurrency platform where he and his children hold stakes. World Liberty plans to introduce a governance token denoted as WLFI.

Trump, currently campaigning for a third presidential run, has actively sought the backing of the cryptocurrency industry in recent months. His efforts include addressing an industry conference and pledging to establish the United States as the “crypto capital of the planet.”

The former President’s willingness to engage with cryptocurrencies, as evidenced by his recent Bitcoin purchase, raises questions about the evolving role of digital currencies in politics and potential future campaign finance strategies.