In a surprising turn of events, President Joe Biden, now dubbed “Bitcoin Biden,” has stirred up the crypto community with a seemingly innocent social media post. The post, which was intended to promote merchandise for his reelection campaign, has been interpreted as an unintentional endorsement of Bitcoin.
On August 3, Biden shared a video of himself savoring a cup of coffee. The mug, however, wasn’t your average presidential merchandise. It featured Biden’s face adorned with glowing red “laser eyes” – a symbol widely recognized by Bitcoin enthusiasts.
The “laser eyes” meme, though its origins remain unclear, gained popularity as part of a social media movement aiming to drive Bitcoin’s price to $100,000 by the end of 2021. This ambitious goal, unfortunately, didn’t materialize. The meme has been sported by notable personalities like NFL star Tom Brady, Paris Hilton, and Elon Musk, symbolizing their bullish outlook on Bitcoin and cryptocurrencies in general.
Bitcoin Biden: An Unexpected Ambassador?
The crypto community was quick to react to Biden’s post, with responses ranging from delight to amusement. One user declared, “Joe Biden is a Bitcoin maxi now. Laser eyes and everything. Haters in disbelief.” Others chimed in, suggesting that Biden had just given the “biggest endorsement of Bitcoin history.”
However, it’s important to note that the Biden administration has faced criticism from the crypto community for its perceived unwelcoming stance towards cryptocurrencies. This includes controversial tax proposals for digital asset miners and other “anti-crypto” political efforts.
The Real Story Behind the Mug
Despite the excitement, it’s unlikely that the coffee mug design was a nod to Bitcoin. The mug’s name refers to “Dark Brandon” – Biden’s meme-based online alter-ego. The Dark Brandon meme portrays Biden as darker and edgier, often used by his supporters to celebrate his policy victories.
In conclusion, while the “Bitcoin Biden” incident has certainly caused a stir, it appears to be more of a misunderstanding than a deliberate endorsement of Bitcoin. Nevertheless, it’s a testament to the pervasive influence of Bitcoin and cryptocurrencies in our society today.