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Biden’s ‘Laser-Eye’ Social Media Post Sparks Debate in Crypto Community

United States President Joe Biden has inadvertently assumed the role of a Bitcoin ambassador following the posting of a picture adorned with laser eyes on his Twitter and Instagram profiles.

Accompanied by the caption “just like we drew it up,” the post was in reference to the Kansas City Chiefs’ victory over the San Francisco 49ers in the 2024 Super Bowl.

Initially interpreted by many crypto enthusiasts as a direct nod to or endorsement of Bitcoin, Biden’s new profile picture with laser eyes utilises the “Dark Brandon” meme.

This meme alludes to the conspiracy theory suggesting that the Super Bowl was manipulated to ensure the victory of Taylor Swift’s partner, Travis Kelce’s team, thus enabling the pop sensation to subsequently endorse Biden for president.

The president’s social media team has previously embraced the Dark Brandon meme to cultivate a perception of Biden as trendy and daring.

The post from Biden’s account playfully suggests his involvement in plotting the team’s victory.

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The crypto community swiftly reacted to the meme. Bankless speculated on the implications for the ETH/BTC chart, while the pseudonymous user WhalePanda indirectly accused Biden of “cultural appropriation.”

However, it is important to note that the president has not endorsed any policies favouring Bitcoin or cryptocurrencies in general, making it highly improbable for Biden to explicitly endorse a specific crypto asset.

According to Coinbase’s non-profit advocacy group Stand with Crypto, Biden is categorised as “anti-crypto,” based on five public statements displaying a negative stance towards digital assets.

The phenomenon of laser eyes, often employed as a symbol of optimism regarding Bitcoin’s prospects, originated as part of a social media movement aiming to drive Bitcoin’s price to $100,000 by the end of 2021, a goal that remained unfulfilled.

Prominent figures adopting the laser-eyed profile picture included NFL star Tom Brady, Paris Hilton, and Elon Musk.

While Biden unintentionally acknowledged Bitcoin, Jack Dorsey, CEO of Block (formerly Square), made a more overt reference to the digital asset during the Super Bowl.

Dorsey was spotted in the stands sporting a Satoshi T-shirt, modelled after the design of popular Nirvana tees, featuring a smiley face reminiscent of the band’s 1991 album Nevermind.

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Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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