Key Points
- Donald Trump unveils limited-edition Bitcoin-themed sneakers following his pro-crypto speech at Bitcoin 2024.
- Trump’s crypto-friendly stance includes plans to change U.S. crypto policies and the creation of a “strategic Bitcoin reserve”.
After his pro-crypto address at Bitcoin 2024, Donald Trump, the Republican presidential candidate, has revealed Bitcoin-themed sneakers. These limited-edition shoes demonstrate Trump’s ongoing engagement with the crypto world.
Bitcoin-Themed Sneakers
The sneakers, priced at $499, are high-top and come in ‘Bitcoin Orange’. Only 1,000 pairs of these numbered sneakers are available, with five pairs randomly signed by Trump himself.
The shoes were created to mark the first time a U.S. President has appeared at the Bitcoin Conference. Shipping of the shoes is expected to occur between September and November this year. Additionally, 1,000 similar-styled black shoes are on sale for $299 per pair.
Trump’s Crypto Advocacy
In this election cycle, Trump has embraced crypto and outlined his plans to revolutionize U.S. crypto policies if he is elected. His proposals include dismissing SEC Chair Gary Gensler and preventing the U.S. from selling its Bitcoin holdings. Instead, Trump suggests the establishment of a “strategic Bitcoin reserve”.
He also pledged to convert all confiscated Silk Road BTC into this reserve and insisted that the U.S. should never sell their Bitcoin. This latest move is another appeal by Trump to crypto supporters, as he has also accepted political contributions in crypto and previously launched NFT collections.
