Key Points
- President Joe Biden’s use of the laser eyes meme, a symbol of support for Bitcoin, in his social media profiles sparked speculation within the cryptocurrency community.
- The meme was actually a reference to a conspiracy theory about the Kansas City Chiefs’ Super Bowl win, not an endorsement of Bitcoin.
- Notable figures such as Paris Hilton and Elon Musk have previously used the laser eyes meme to express their positive outlook on Bitcoin’s future value.
- The speculation surrounding Biden’s use of the meme indicates the increasing prominence of cryptocurrencies.
- Despite the temporary optimism brought about by the meme, Biden has not publicly endorsed any crypto-friendly policies and maintains a negative stance towards digital currencies.
President Joe Biden recently caused a stir in the cryptocurrency community.
This was due to him adding laser eyes to his profile pictures on Twitter and Instagram.
The laser eyes meme is often linked with support for Bitcoin.
This led to speculation about whether Biden was endorsing cryptocurrencies.
However, the meme was actually referencing a conspiracy theory.
It was about the recent Super Bowl victory of the Kansas City Chiefs.
The laser eyes meme has its roots in a social media campaign.
The campaign aimed to increase the price of Bitcoin to $100,000.
Public figures like Paris Hilton and Elon Musk have shown support by using this meme in their profile pictures.
This meme symbolizes a bullish outlook on the future value of the cryptocurrency.
Biden changed his profile picture to feature laser eyes shortly after the Chief’s Super Bowl win.
Many interpreted this as the President signaling support for cryptocurrencies.
However, the caption referencing the game clarified that the laser eyes were part of the “Dark Brandon” meme.
This meme, used by Biden’s team, portrays him as edgy.
It is tied to a conspiracy theory.
The theory suggests that the NFL rigged the game so the Chiefs would win in favor of Biden and Taylor Swift.
Opinions within the crypto community varied over Biden’s intention with the laser eyes.
Some saw it as deliberate outreach to cryptocurrency supporters.
Others thought it was likely an accidental reference that coincided with the Chiefs’ victory.
Critics also accused Biden of cultural appropriation by using a symbol strongly associated with cryptocurrency culture.
The Reactions Show Crypto Is Increasing in Prominence
The speculative excitement over Biden’s laser eyes highlights the growing prominence of cryptocurrencies.
Digital assets like Bitcoin were once confined to the fringes of finance but are now moving towards mainstream acceptance.
Memes and symbols originating from cryptocurrency communities are becoming part of popular culture.
However, Biden has not publicly endorsed any crypto-friendly policies.
According to the non-profit Stand with Crypto, the President maintains a negative stance towards digital currencies.
His use of the laser eyes meme brought temporary optimism to those wanting greater government acceptance of cryptocurrencies.
However, administration policies still treat assets like Bitcoin with skepticism compared to traditional finance.
Other major figures made more direct references to cryptocurrency tied to the Super Bowl.
Jack Dorsey, CEO of the financial tech company Block, wore a Bitcoin-themed shirt.
The shirt’s design was inspired by Kurt Cobain and referenced Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
While Dorsey’s fashion choice was a clear Bitcoin reference, Biden’s laser eyes brought only fleeting hype.
His meme was just borrowing symbols popularized within the cryptocurrency community rather than meaningfully engaging with it.
Yet the brief excitement from cryptocurrency supporters indicates their eagerness for mainstream endorsement.
As digital currencies continue entering public consciousness, even unrelated gestures get imbued with deeper meaning.
The laser eyes incident shows cryptocurrency’s cultural imprint, even if it lacks concrete political backing.
