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Crypto News: Did “Laser-Eyed Biden” Accidentally Champion Bitcoin?

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Qadir AK

In a surprising turn of events, US President Joe Biden inadvertently found himself in the midst of the Bitcoin spotlight when he sported a coffee mug featuring his face adorned with glowing red “laser eyes” during a recent video appearance. The mug immediately caught the attention of Bitcoin enthusiasts worldwide, sparking both amusement and surprise.

Laser Eyes In Crypto: What Does It Mean?

The “laser eyes” phenomenon holds particular significance within the cryptocurrency community, symbolizing a bullish sentiment towards the Bitcoin price. Originally part of a movement aiming to drive Bitcoin’s value to $100,000 by the end of 2021, the meme has gained popularity and has been embraced by notable figures, including NFL star Tom Brady, Paris Hilton, and Elon Musk.

The meme has been embraced by notable figures like NFL star Tom Brady, Paris Hilton, and even Elon Musk. The crypto community couldn’t help but seize the moment with Biden’s unintentional endorsement, flooding his post with delighted and humorous responses.

A Wake-up Call?

The irony of Biden’s “laser eyes” mug didn’t escape crypto followers, as his administration has faced criticism from the community over its stance on cryptocurrencies. Controversial tax proposals for digital asset miners and other “anti-crypto” political efforts have been a point of contention.

The mug’s design was originally a nod to Biden’s meme-based online alter-ego, “Dark Brandon,” and was likely not intended to reference Bitcoin. Nevertheless, the crypto community seized the opportunity to add a twist of humor to the situation, attributing a newfound significance to the mug’s design.

Excitement In the Industry

The incident arrives at a time when the world of cryptocurrencies is witnessing a surge in momentum. Notable developments, such as the incoming BlackRock ETF, SEC losing battles, pro-Bitcoin presidential candidates, and increased protection for crypto mining in multiple states, have added to the excitement surrounding the crypto world.

Dennis Porter, the CEO of Satoshiactfund, aptly summed up the current state of affairs in a tweet, “If you haven’t bought any #Bitcoin yet, now might be the time.”

Whether intentional or not, President Biden’s foray into Bitcoin memes adds another interesting chapter to the unfolding story of cryptocurrency’s journey into mainstream acceptance.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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