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Biden accidentally promoted bitcoin

  • The US president showed a lazer-eyed cup as part of a promotional video. 
  • This meme is popular in the cryptocurrency community and signifies a person’s commitment to bitcoin maximalists. 

US President Joe Biden accidentally promoted bitcoin in one of his campaign videos. Community members have even suspected him of being a latent crypto-maximalist. 

“A cup of Joe has never tasted better,” the politician emphasized. 

The link attached to the post will take you to a page where anyone can order a cup with Biden’s image for $22. All funds raised, according to the website, will go to Biden’s campaign fund, the Biden Victory Fund.

It’s notable that Biden’s picture contains a distinctive element, “lazer eyes”. It’s a hallmark of cryptocurrency integration advocates, the so-called bitcoin maximalists. 

The movement has seen singer Paris Hilton, athlete Tom Brady, Binance cryptocurrency exchange CEO Changpeng Zhao, MicroStrategy founder Michael Saylor and billionaire Ilon Musk among its members. 

It’s unclear whether or not Biden’s marketing team consciously used this particular element for design. The politician himself has repeatedly criticized both bitcoin and the cryptocurrency class as a whole. 

In early March 2023, the president’s office unveiled a draft budget for fiscal year 2024. Among other things, it included an increase in the tax rate on capital gains in digital assets, as well as a series of measures to block the practice of “fictitious sales.” 

Traders have resorted to its help to reduce their declared cryptocurrency gains. At the end of June 2023, after the debt ceiling had been raised, the politician reiterated that he intended to eliminate all “tax loopholes.” 

At the end of June 2023, after the debt ceiling had been raised, the politician reiterated that he intended to eliminate all “tax loopholes.