Are Biden’s Laser Eyes A Sign He’s Warming Up To Bitcoin Ahead Of 2024 Election?
On Friday, President Joe Biden showcased a unique mug bearing his image. Initially, the mug displays him wearing sunglasses. However, when filled with hot liquid, the sunglasses disappear, revealing his eyes with a luminous, laser-like intensity.
The laser eyes symbol is a popular meme among Bitcoin (CRYPTO: BTC) enthusiasts, who use it to show their support for the cryptocurrency.
The meme originated in 2017, when a Twitter user posted a picture of himself with red laser eyes, along with the caption "I'm buying all the Bitcoin."
The meme quickly went viral and is now used by Bitcoiners around the world.
Biden's promotion has left people wondering if his use of the laser eyes symbol is a sign that he is warming up to Bitcoin.
I’ll ask you nicely to buy this new, color-changing campaign mug.
But I know someone who won’t: https://t.co/iRL1DMxYAb pic.twitter.com/gTaeXNERbS
— Joe Biden (@JoeBiden) September 15, 2023
Cryptocurrency has been a controversial topic in recent years, with some politicians and regulators expressing concerns about its volatility and potential for fraud.
However, Biden has not taken a clear stance on Bitcoin, and his tweet could be seen as a way of reaching out to the cryptocurrency community.
It is also possible that Biden's use of the laser eyes symbol is simply a coincidence.
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The mug was designed by a third party, and it's possible that the designer was not aware of the meme's significance. However, the timing of the tweet is interesting, as it comes just months after Biden proposed a tax of as much as 30% on crypto mining to address economic and environmental issues.
This will be among the crucial topics discussed at Benzinga's exclusive event – Future of Digital Assets. The conference takes place in NYC on Nov. 14 and gives investors a chance to engage with transformative Digital Asset and Crypto business leaders and investors.
The 2024 presidential election is still over a year away, but the race for the Democratic and Republican nominations is already heating up.
Biden is the clear frontrunner for the Democratic nomination, but he's being challenged by crypto-friendly candidate Robert F. Kennedy Jr.
The Republican field is more crowded, with former President Donald Trump, Florida Governor Ron DeSantis, former South Carolina Governor Nikki Haley and Vivek Ramaswamy among the most prominent candidates.
If Biden is indeed trying to cozy up to the Bitcoin community, it could be a way of appealing to young voters and independents.
Bitcoin is seen by many as a symbol of the future, and Biden's embrace of the cryptocurrency could help him to connect with voters who are looking for a change in the status quo.
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Meet and engage with transformative Digital Asset and Crypto business leaders and investors at Benzinga's exclusive event – Future of Digital Assets. Tickets are flying- get yours!
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