12-Foot Golden Trump Bitcoin Statue Unveiled Near US Capitol

A 12-foot golden statue of Donald Trump holding a Bitcoin was unveiled near the US Capitol on September 17. The installation, organized by crypto enthusiasts and memecoiners, aimed to honor Trump's pro-crypto stance.

Symbolic Tribute Near Capitol Hill

  • The statue stands on the National Mall, facing Capitol Hill.
  • A website describes it as a tribute to Trump’s commitment to Bitcoin and decentralized technologies.
  • Organizer Hichem Zaghdoudi mentioned it aims to spark discussions about government-issued currency and financial innovation.

Images online show the statue made from lightweight foam. Although Trump was in the UK for meetings on tariffs and trade, organizers hoped he might see it.

Trump's Crypto Influence

  • Trump's presidency is closely tied to cryptocurrency, with significant campaign backing from the industry.
  • World Liberty Financial, linked to Trump's family, partnered with the Digital Freedom Fund PAC led by the Winklevoss twins to promote the US as a crypto leader.

Critics express concerns over Trump's regulatory policies. However, crypto supporters eagerly anticipate developments under his administration.