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Donald Trump Makes Historic Bitcoin Hamburger Purchase in New York

Donald Trump Makes Historic Bitcoin Hamburger Purchase in New York

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by Giorgi Kostiuk

2 years ago

  1. Bitcoin Hamburger Purchase
  2. Context and Reaction
  3. World Liberty Financial Token Launch

    4. Donald Trump made headlines by purchasing hamburgers using Bitcoin at PubKey Bar in New York.

    Bitcoin Hamburger Purchase

    On September 19, Donald Trump visited the famous crypto-themed PubKey Bar in New York and purchased hamburgers using Bitcoin. This event became historic as it marked the first time a former US president publicly used cryptocurrency for a purchase.

    Context and Reaction

    Trump's transaction, amounting to $998.70 for several dozen burgers, was paid via the Strike app, which utilizes the Lightning Network. PubKey co-founder Drew Armstrong confirmed that he sold the burgers to Trump, who even distributed them himself, playfully calling them 'crypto burgers.' The move was well-received and underscored Trump's engagement in the crypto world.

    World Liberty Financial Token Launch

    In addition to this purchase, Trump recently announced the launch of a private token through World Liberty Financial. The new token will allow holders to vote on governance matters, much like voting shares in publicly traded companies. Whether this represents a true crypto epiphany for Trump or is merely a campaign tactic remains to be seen.

    This move undoubtedly adds a significant new dimension to Trump's career, bridging the worlds of politics and high technology.

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