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U.S. President Joe Biden’s “Laser Eyes” Portrait Sparks Cryptocurrency Community Discussion

U.S. President Joe Biden, who is viewed by the community as being hostile to cryptocurrencies, posted a personal portrait with “laser eyes” on social platforms today, seemingly trying to win over young Americans who are friendly to cryptocurrencies.
(Preliminary summary: Biden knows how to play Bitcoin memes? He actually posted a “laser eye” coffee cup and praised it, how beautiful it is)
(Background supplement: The founder of Tianqiao Capital turns to support Biden: The currency circle must support him! Trump will “undermine American justice” if he takes office)

U.S. President Joe Biden’s series of speeches and policies in recent years have been viewed by the community as hostile to cryptocurrencies. For example, the 2023 Presidential Economic Report of the White House Council of Economic Advisers (CEA) criticized the encryption ecosystem for causing harm and risks to consumers, the traditional financial system, and the environment.

Last year, the White House tried to impose a punitive energy tax of up to 30% of the electricity cost of cryptocurrency mining companies, triggering an industry backlash. Biden himself even threatened to crack down on tax evasion by cryptocurrency traders in his speech.

However, as the 2024 presidential election approaches, Biden, who is in a desperate situation, seems to be wooing young Americans who are friendly to cryptocurrency.

Biden wants to win over young people’s votes?

Biden posted a personal portrait with laser eyes on the X platform at noon today (12th), sparking discussion in the encrypted community. Some netizens commented on the post jokingly, “Bitcoin is about to replace the US dollar”, some people also asked Biden to take a napPull Bitcoin

Last year, he showed off a laser eye mug

In fact, in August last year, Biden posted a video of himself holding a mug with a personal photo of “Laser Eyes” printed on it, with the year 2024 written around the mug.

Coincidentally, Bitcoin will be halved in 2024, so some netizens speculated that Biden’s move seems to be a subtle expression of support for Bitcoin; but some people think that Biden himself does not know what “laser eye” stands for. The real meaning is just the operation of the public relations team.

According to previous reports from Dongzhong, Laser Eye was combined with the hashtag #LaserRayUntil100K in the 2021 bull market to express optimism that Bitcoin has entered a “super strong mode” and will continue to surge to a price of US$100,000, although in the end this goal has not yet been reached. At that time, celebrities including Tesla founder Elon Musk, MicroStrategy founder Michael Saylor, U.S. Senate Bitcoin warrior Cynthia Lummis… all replaced their head stickers with pictures of eyes emitting laser light.

Extended reading: Does Biden know how to play Bitcoin memes?I posted a photo of my “laser eye” coffee cup and praised it for being so beautiful.

Coinbase Research: 51% of Millennial and Gen Z Adults Support Crypto-Friendly Candidates

Whether Biden knows the connection between Laser Eyes and Bitcoin and whether he supports cryptocurrency still needs to be answered by himself. But what is certain is that Biden needs the votes of these adult American citizens who are close to cryptocurrency.

According to the report released by Coinbase, the largest cryptocurrency exchange in the United States on the 9tharticleciting multiple research data to support the support of a large number of California voters and young people across the United States for cryptocurrency.

  • According to Morning Consult data, 8.2 million California adults (27% of Californians) own crypto assets.
  • Toluna’s latest poll points out that California’s cryptocurrency holders represent the next generation of voters in the state, with 40% of them aged between 18 and 34 years old.
  • About 86% of California cryptocurrency holders agree that the global financial system needs to change; 78% of cryptocurrency holders believe that policymakers should support new, innovative and disruptive technologies; 83% believe that cryptocurrency and Blockchain technology is an important economic tool for the future of finance; 79% believe cryptocurrencies and blockchain can increase economic opportunities for Americans.
  • Nearly four-fifths of California cryptocurrency holders say they are more likely to vote for a candidate who is friendly to the U.S. cryptocurrency industry; nationwide, 51% of Millennial and Gen Z adults say they are likely to vote in Support crypto-friendly candidates in 2024.

📍Related reports📍

Bitcoin mining consumes a lot of electricity!Biden administration forces U.S. mining companies to hand over energy reports

Rich dad warned: The Great Depression is coming!Economic soft landing is a fantasy, don’t vote for Marxists like Biden

Coinbase invites Trump and Biden to talk about encryption policy on the same stage and establishes blockchain advocacy group Stand With Crypto

The Biden administration urges Congress to “give new authority” to crack down on cryptocurrencies!U.S. Treasury targets financial flows to terrorist groups


2024-02-12 10:47:14
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