Fun

News Feed - 2023-08-04 02:08:01

Tom Mitchelhill3 hours ago‘Is this a Bitcoin ad?’ Joe Biden unknowingly touts BTC in coffee mug videoCrypto enthusiasts have lauded Joe Biden’s latest social media post for its so-called accidental endorsement of Bitcoin.3144 Total views19 Total sharesListen to article 0:00NewsJoin us on social networksUnited States President Joe Biden may have inadvertently become Bitcoin’s latest brand ambassador in a new "cringe" video advertising merchandise for his reelection campaign.


On Aug. 3, President Biden tweeted: “A cup of Joe never tasted better” along with a video of himself drinking coffee from a mug.A cup of Joe never tasted better.

Grab yours: https://t.co/4fbxCBQNPZ pic.twitter.com/s2qboyE7C1— Joe Biden (@JoeBiden) August 3, 2023


The Bitcoin and crypto community were quick to notice the design of the coffee mug, which features his face with glowing red “laser eyes” — a popular addition for Bitcoin enthusiasts when designing their profile pictures.


While the origins of the meme are hazy, the laser eyes phenomenon kicked off as part of a movement across social media to drive Bitcoin’s price to $100,000 by the end of 2021 — a goal that didn’t come to fruition. The most notable laser-eyed personalities once included NFL star Tom Brady, Paris Hilton and Elon Musk.


It"s typically used as a symbol for showcasing their bullish outlook for Bitcoin and cryptocurrencies more broadly.#NewProfilePic pic.twitter.com/G471l4Cn9v— ParisHilton (@ParisHilton) April 2, 2021


Biden’s post has been littered with responses from the crypto community, both delighted and amused by the obvious oversight.


“Joe Biden is a Bitcoin maxi now. Laser eyes and everything. Haters in disbelief,” declared one user.sleepy joe w the laser eyes and you think etf getting rejected? https://t.co/i4JyLoPqze— Hal Press (@NorthRockLP) August 3, 2023


Other users piled on, saying that Biden had just provided the “biggest endorsement of Bitcoin history” while another suggested that Biden was trying to “win over Bitcoin maxis.”


Related:Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected


The Biden administration has been criticized by the community for its not-so-welcoming stance towards crypto which includes controversial tax proposals for digital asset miners and other “anti-crypto” political efforts. It is thus unlikely the coffee mug design was in reference to Bitcoin.


The coffee mug’s name is in reference to “Dark Brandon” — Biden’s meme-based online alter-ego. The Dark Brandon meme depicts Biden as darker and edgier — often used by his supporters to tout his policy victories.


Magazine: Chinese police vs. Web3, blockchain centralization continues: Asia Express# Bitcoin# Politics# Bitcoin Price# United StatesAdd reactionAdd reactionRelated NewsHow to track and report crypto transactions for tax purposesAI can be a ‘creative amplifier’ — Grammy chief exec Harvey Mason Jr.How will Bitcoin halving affect BTC price, and is DeFi dead?Here’s what happened in crypto todayRobert Kennedy Jr. reveals buying 2 Bitcoin for each of his 7 childrenSaylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin

News Feed

David Attlee35 minutes agoBrazil’s crypto surge prompts central bank to tighten regulationAccording to the central bank’s data, from January to August 2023, imports of crypto rose by 44.2% compared with the same peri
Chainalysis: Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021
Chainalysis: Crypto Gains Skyrocket Worldwide — Investors" Profit Grew 5x to $163 Billion in 2021 Blockchain data analytics firm Chainalysis has found that the total cryptocurren
Yashu Gola11 hours agoWhy is Ether (ETH) price up today?Ether’s price is up today, recovering entirely from yesterday’s sell-off amid waning FTX liquidation concerns.29003 Total views201 Total sharesListen to article
Trudeau announces $1.8B package to boost Canada’s AI sector
Brayden Lindrea7 hours agoTrudeau announces $1.8B package to boost Canada’s AI sectorCanada is launching a fund to invest in AI infrastructure, grow startups, and create a new AI safety institute, among others.3801 Tot
Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory
Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC FactoryOn Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility
Biggest Movers: DOGE, SOL Hit 1-Year Lows as Cryptos Crash
Biggest Movers: DOGE, SOL Hit 1-Year Lows as Cryptos Crash DOGE and SOL were some notable movers on Monday, as crypto markets were once again hit by a red wave. DOGE dropped to its
PureVPN Can Help Crypto Users Stay Secure and Access International Exchanges
PureVPN Can Help Crypto Users Stay Secure and Access International Exchanges sponsored Crypto users access their wallets and exchanges day in and day out and making sure it remains
Zimbabwean Central Bank Launches CBDC Consumer Survey
Zimbabwean Central Bank Launches CBDC Consumer Survey The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit
Jesse Coghlan5 hours agoRonaldinho denies part in alleged $61M crypto scam at congressional hearingThe former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly
Blockstack Will Pay Liquidity Provider GSR to Trade Its STX Token
Blockstack, one of the first blockchain startups to have raised money in a Reg A+ offering, has hired GSR Markets to trade its “stacks” (STX) token. According to an Oct.
Bitcoin Prepares For Make-Or-Break Move As Textbook Triangle Meets Tight Range
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Paraguay’s proposed Bitcoin mining ban could cost it $200M a year
Brayden Lindrea4 hours agoParaguay’s proposed Bitcoin mining ban could cost it $200M a yearBitcoin mining has provided a “positive contribution to Paraguay’s trade balance,” and a ban could dent the economy, argu