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On Sunday, US President Joe Biden unintentionally advertised Bitcoin (BTC) when he posted a picture of himself on X with the popular “red laser eyes” that are mainly used by Bitcoin promoters.
Just like we drew it up.
— Joe Biden (@JoeBiden) February 12, 2024
However, the picture of Joe Biden with red laser eyes was posted before the “Kansas City Chiefs” defeated the “San Francisco 49ers” in the 8th NFL Super Bowl. Notably, these images were posted on Joe Biden’s personal account, not on the official presidential account.
Interestingly, after the message was posted, Bitcoin did not experience any drastic price movements, and the BTC price continued to rise. Currently, the BTC trading price is at its highest level since December 2021.
Bitcoin Price: Possible Reasons for the Current Rise On the other hand, although many crypto enthusiasts think that this is a positive sign for Bitcoin, experts urge the US president to remove the picture with laser eyes, as it could cause confusion in the community and affect the crypto market.
Notably, US experts pointed out in “X” that Joe Biden’s laser eye image clearly refers to “Dark Brandon”, which is a meme that Democratic activists try to impose.
However, so far, President Joe Biden has not endorsed any policies that are favorable to Bitcoin or crypto. That is why it is very unlikely that Biden will publicly express his support for any crypto.
Notably, the laser red eye phenomenon is usually used as a symbol of bullishness or support for Bitcoin’s prospects, and it was initially part of a social media campaign aimed at pushing Bitcoin’s price to $100,000 by the end of 2021.
As a reference, some celebrities who posted pictures with laser eyes to support Bitcoin include NFL star Tom Brady, Paris Hilton, and Elon Musk.
Similarly, “Crypto.com” account quickly reacted to this meme, “Bankless” asked what the post meant for the ETH/BTC chart, and some X users default accused Joe Biden of “cultural appropriation”.
In addition, “Cardano” founder Charles Hoskinson and “Custody Bank” CEO Caitlin Long also mocked Joe Biden, questioning whether the president’s account was “hacked”.
“This makes the laser eyes unattractive, and that’s why they prevent Bitcoin from reaching $100,000.” “Jan3” CEO Samson Mow mocked the publication on X magazine.
On the other hand, although Joe Biden made a seemingly accidental gesture for Bitcoin, “Block, Inc” (formerly “Square”) CEO Jack Dorsey appeared on the Super Bowl stands, with a more direct mention of crypto.
According to the post
Notably, currently Democrat Joe Biden leads the 2024 US primary with 91 delegates. And Donald Trump leads the Republican Party with 67 delegate votes.
See also
