Donald Trump Makes Historic Bitcoin Payment At PubKey
Today, history was made as President Donald Trump became the first US president to make a Bitcoin payment. The former President showed up to PubKey, a Bitcoin-themed bar located in the heart of Greenwich Village, New Yor...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Today, history was made as President Donald Trump became the first US president to make a Bitcoin payment.
The former President showed up to PubKey, a Bitcoin-themed bar located in the heart of Greenwich Village, New York City, to purchase some cheeseburgers (on National Cheeseburger Day) at the establishment, which was packed with Bitcoin enthusiasts there to welcome him.
“I think it’s a great place,” Trump said to Bitcoin Magazine about PubKey, before urging the types of Bitcoin enthusiasts who frequent the bar to vote this November.
“Get out and vote, because if you vote, we cannot lose. We want to get everybody that agrees with you people — and there’s a lot of people — [to vote],” he added.
“They’ve been treating you very badly at the SEC, and we’re going to treat you very fairly.”
Regarding the payment, Trump said it was easy to make and that it went through “quickly and beautifully.”
After making the transaction, Trump, escorted by one of the bar’s owners, Thomas Pacchia, introduced himself to all in attendance.
“This was one of the most important Bitcoin transactions of all time,” said Pacchia.
“President Trump came to PubKey to connect with the Bitcoin community — to show his support to the Bitcoin community,” he added.
“We are very excited he was here.”
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin MagazineRelated market context
Opinion: The failures and follies of Trump’s crypto White House
Early in Donald Trump’s term, his then-advisor David Sacks announced the administration’s intention to pass a stablecoin regulator...
Why Binance’s reported $2B Mesh investment could decide who controls stablecoin payments
Binance's reported move to lead a new Mesh funding round puts a strategic price on the payment routes stablecoins need to leave ex...
Trump administration launches $1,000 investment accounts for every newborn, and crypto is nowhere in sight
The initiative could significantly impact wealth inequality, fostering financial literacy and long-term savings habits among futur...
Donald Trump’s Liberation Day tariffs trigger market turmoil across stocks and crypto
The tariffs' impact highlights the interconnectedness of global markets, challenging assumptions about crypto's role as a diversif...
Bitcoin Price Eyes Recovery After END-OF-CYCLE STRC Shock, Bitwise CIO Says Strategy Will Be ‘Less Important’ Next BTC Cycle
While improving macroeconomic conditions have supported a modest Bitcoin price rebound, Bitwise Chief Investment Officer Matt Houg...
Vitalik’s Lean Ethereum Plan Targets 10x Lower Fees, Quantum Safety, and Faster Finality
Key Takeaways: Vitalik Buterin announced the multi-year “Lean Ethereum” roadmap and declared it a third generation update for Ethe...