Republican presidential candidate and newly minted DeFi entrepreneur Donald Trump reportedly used Bitcoin to buy a cheeseburger.
Trump stopped by Pubqui Bar in New York City before a campaign rally Wednesday night at the Nassau Coliseum on New York’s Long Island. “History is being made,” Trump said after the purchase.
“One of the most historic transactions #bitcoin “History was just made,” Barr’s X account wrote in a post. “The president @realDonaldTrump Buy a burger @pubkey_NYC With ~ @tpacchia. Block Height: 861871″
Trump handed out burgers to bar patrons.
“This is a Crypto Burger,” Trump told a cheering crowd. He has never been shy about his indulgent diet, and has even reportedly served McDonald’s Big Macs on a silver platter aboard his private jet.
PubKey Bar is a Bitcoin-themed bar in New York City’s Greenwich Village known for hosting meetups and other events for cryptocurrency enthusiasts. The location has been home to a number of dive bars popular with NYU students, most recently a pub called Formerly Crow’s.
“There’s a very dedicated and passionate group of people in New York City who don’t have a lot of places to go,” co-owner Thomas Parkia, a former blockchain incubation director at Fidelity Investments, told Eater NY in 2022. “If you’re new to the space and curious… Twitter and Reddit are terrible places to learn because you get thrown into a bunch of bullshit conversations.”
Trump’s stance on cryptocurrencies has changed this year, starting in May when his campaign began accepting cryptocurrencies as a form of donation. He has since said he wants to make the U.S. the “crypto capital” of the world.
Earlier this week, he helped formally introduce World Liberty Financial, a DeFi project his sons are working on that will sell a non-transferable governance token called WLFI to accredited investors.
Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.
© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.