New History, Donald Trump Buys Burgers with Bitcoin

Bittime - Donald Trump, former President of the United States, recently made new history in the world of digital assets. This controversial man became the first US president to use Bitcoin to make purchasing transactions, specifically buying burgers in New York City. This incident occurred ahead of his political campaign and immediately became the public spotlight.

This historic transaction took place at PubKey, a bar in Greenwich Village that is known to be friendly to Bitcoin users. Trump spent $998.70 (around Rp. 15 million) to buy burgers through the Strike application, a payment platform that operates on the Bitcoin Lightning network. 

PubKey itself has long been a gathering place for crypto asset fans and functions as an educational space for those interested in digital assets.

Positive Bitcoin Sentiment Impacts Trump's Actions

Thomas Pacchia, co-owner of PubKey, called Trump's action a moment of "coming of age" for Bitcoin. According to him, the use of Bitcoin by a figure as important as Trump shows how far this digital asset has come in terms of public acceptance. 

"A former president, even a future presidential candidate - this is a real milestone for Bitcoin," he said.

Read also: BlackRock Highlights Bitcoin as a Safeguard against Economic Crisis

Trump's actions mark a drastic change in his attitude towards crypto assets. During his time as president, he harshly criticized Bitcoin, calling it something "based on thin air" and criticizing its volatility. 

However, as part of his 2024 campaign, Trump is now taking a much more positive approach. It even accepts donations in the form of crypto assets and launches new initiatives in this space.

Trump's New Initiative

One such initiative was the launch of World Liberty Financial (WLFI), a decentralized finance (DeFi) project led by his sons, Donald Trump Jr. and Eric Trump. 

The move shows that Trump's interest in the cryptocurrency and DeFi sectors is growing, although some critics question the sincerity of his involvement.

Read also: US interest rates fall, this is the impact on Bitcoin

Support for Trump's move came from several public figures in the crypto world, such as the Winklevoss twins and economist Peter Schiff. However, skepticism remains. 

Critics point to the lack of transparency and clarity surrounding Trump's DeFi project, WLFI, which has raised concerns about its viability and investment conditions. Some investors are still unsure and waiting for more information about how the project works before getting involved.

A New History of Bitcoin Use

Despite the controversy, Trump's involvement with the crypto world cannot be denied. His recent Bitcoin purchases and continued interest in the digital asset reflect his efforts to remain relevant in an ever-evolving financial landscape. 

However, it remains unclear whether this move will bring wider acceptance of Trump in the cryptocurrency community. What is certain is that the former president's actions have attracted the attention of both investors and digital asset fans.

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