Joe Biden’s ‘Laser Eyes’ Meme Post-Super Bowl Sparks Crypto Speculation
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Amidst the Super Bowl aftermath, President Joe Biden’s social media post unexpectedly sparked speculation within the crypto community.
Crypto enthusiasts speculate Biden’s “laser eyes” photo on X implies Bitcoin advocacy despite its seemingly unrelated context.
Joe Biden Laser Eyes Meme Ignite Crypto Speculation
The US president’s post came after the Kansas City Chiefs beat the San Francisco 49ers in the Super Bowl.
The caption of the posted image read: “Just like we drew it up.”
https://x.com/JoeBiden/status/1756888470599967000?s=20
While this is a common expression in sports, indicating that the outcome proceeded as planned, it has been misinterpreted in the crypto society.
This is because the ‘laser eyes’ meme has become synonymous with the cryptocurrency community.
Moreover, the trend of sporting laser eyes is typically used as a symbol of optimism towards Bitcoin’s prospects. The symbol originated from a social media campaign aimed at pushing Bitcoin’s price to $100,000 in 2021. However, the target wasn’t achieved.
Among the prominent figures adopting the laser-eyed avatar were NFL star Tom Brady, Paris Hilton, and Elon Musk.
However, contrary to the recent trend associated with cryptocurrencies like Bitcoin, Biden’s rendition of the meme carries a different message altogether.
President Biden’s updated profile picture featuring laser eyes alludes to the “Dark Brandon” meme.
This is associated with the unfounded conspiracy theory suggesting that the outcome of the Super Bowl was predetermined to guarantee a victory for Taylor Swift’s boyfriend, Travis Kelce’s team.
This alleged scheme would pave the way for the pop sensation to endorse Biden for the presidency.
Regardless of the circumstances, the meme has caused a significant uproar within the Crypto X community. For example, Bankless, a news and media company, posted on X regarding the meme. The media firm asked the crypto community if Biden’s post has influenced the ETH/BTC chart.
On the other hand, an unidentified user, WhalePanda, indirectly criticized Biden for “cultural appropriation.”
Is Joe Biden Endorsing Crypto?
President Joe Biden’s gimmick may spark speculation. However, it’s important to mention that the president has not endorsed policies favoring Bitcoin or cryptocurrency.
This makes it highly unlikely for Biden to support a specific crypto asset publicly.
According to Coinbase’s nonprofit advocacy group Stand with Crypto, Biden is categorized as “anti-crypto,” with five public statements reflecting a negative outlook on digital assets.
Nonetheless, Hedge fund veteran Anthony Scaramucci recently urged the crypto community to support Biden.
He suggested that the Democrat is a more favorable option than the Republican frontrunner, Donald Trump, in the upcoming elections.
However, Democratic Presidential candidate Dean Phillips has criticized both Biden and Trump, claiming they lack understanding of cryptocurrency.
Nonetheless, a future where the crypto society has the backing of the U.S. government will be a win.
Furthermore, the reactions from the crypto society towards Biden’s meme cannot be totally dismissed.
While President Biden’s gesture seems like an unintentional nod to Bitcoin, Jack Dorsey, CEO of Block (formerly Square), explicitly referenced the digital asset at the Super Bowl.
Dorsey was observed wearing a Satoshi T-shirt inspired by the design of popular Nirvana tees.
It featured a smiley face reminiscent of the band’s iconic imagery from their 1991 album “Nevermind.”
