t's been nearly a week since former President Donald Trump took to the stage in Nashville to address thousands gathered for the 2024 Bitcoin Conference Summit.
Trump outlines an ambitious plan for cryptocurrency and regulatory overhauls if he is elected to office again in 2024. Now, fresh off that headline-grabbing appearance, Trump has launched a limited edition sneaker line paying homage to the most widely known digital currency by market cap - Bitcoin.
Trump Launches New 'Bitcoin Sneakers' on Truth Social
On Wednesday, July 31st, Trump shared details of the limited-edition sneaker line on the Truth Social platform. The sneaker design prominently features the words "Trump Crypto President". This design pays homage to the comments Trump made in May while speaking at a fundraiser with tech venture capitalists in San Francisco where he called himself the "crypto president" as part of an indication that his views on digital assets were changing.
Each pair is available to purchase using Bitcoin or other preferred cryptocurrencies, according to the post. It marks the latest move by Trump to further associate himself with the cryptocurrency industry.
Footwear Follows Major 2024 Conference Keynote
Just days prior, Trump generated significant headlines after delivering a fireside chat keynote at the 2024 Bitcoin Conference in Nashville. The key pledges included immediately removing current SEC Chairman Gary Gensler, who is widely criticized in the industry for an antagonistic regulatory approach. Trump is also looking to overturn what he believes are anti-crypto policies under the Biden administration and safeguard innovation in the area. He aims to set up a national Bitcoin reserve and turn the USA into an epicenter of crypto innovation.
The Trump 2024 presidential campaign reported more than $25 million in donations - indicating resonance with his crypto-friendly message. The sneaker launch now capitalizes on persisting interest from last weekend's conference appearance.
The launch of Trump's Bitcoin sneaker collection sparked controversy on social media. Bitcoin evangelist Anthony Pompliano shared it with enthusiasm, while critics said Trump may be politicizing cryptocurrency. Either way, the move marks yet another instance of the controversial US President moving closer to the fast-growing digital assets space.
