No, Trump didn’t decide to jump on the BAT hype train. However, being the native currency of the Brave web browser, users can tip any Twitter user they wish using BAT.
Meanwhile, a new meme was born…
Trump now owns crypto – whether he likes it or not
Whether he likes it or not, Donald Trump is now legally in possession of at least 1 unit of Basic Attention Token.
The tip was given in direct response to the U.S President’s tweets from last week when he opined that cryptocurrency’s value was based on thin air. Trump’s comments came amid a flurry of put-downs aimed at virtual currencies, including Facebook’s Libra.
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….
— Donald J. Trump (@realDonaldTrump) July 12, 2019
Despite the apparent wisdom evidenced in some of the Trump administration’s recent economic policies, it’s unlikely the president could have picked a better token to hold had he tried.
In the 24-hour period since the BAT was sent to Trump’s Twitter handle, the token’s value surged by 19% – marking out Basic Attention Token as the top performer among the top fifty cryptocurrencies.