Donald Trump Completes Historic Bitcoin Transaction at PubKey

Donald Trump, former U.S. president and Republican nominee, is the first U.S. president to publicly transact with Bitcoin.

Deniz Saat

September 18, 2024 @ 8:31 PM PT

In a notable event, Donald Trump became the first former U.S. president to make a Bitcoin payment.

Trump visited PubKey, a Bitcoin-themed bar in Greenwich Village, New York City, on National Cheeseburger Day.

One of the most historic transactions in #bitcoin history was just made.

President @realDonaldTrump buying burgers at @PubKey_NYC with @tpacchia.

Block height: 861871

You saw it here first. pic.twitter.com/moHUIKDxej
— PUBKEY (@PubKey_NYC) September 18, 2024

The former president purchased cheeseburgers from the bar, which was crowded with Bitcoiners.

Trump described it as a "great place" and encouraged voters from the Bitcoin community to participate in the upcoming election.

He also addressed the Securities and Exchange Commission (SEC), suggesting that under his administration, the Bitcoin industry would be treated fairly.

Regarding his Bitcoin payment, Trump said the process was smooth and efficient, stating it went through “quickly and beautifully.”

Following the transaction, Trump, joined by one of the bar’s owners, Thomas Pacchia, interacted with the attendees.

Pacchia described the transaction as significant and expressed excitement about Trump’s visit, noting the importance of the interaction between the former president and the Bitcoin community.