Trump's Bitcoin Sneakers Now Selling for $2,500 on eBay

August 01, 2024 12:00 AM AEST | By Team Kalkine Media

Trump's Bitcoin Sneakers Now Selling for $2,500 on eBay — Image source: shutterstock.com

eBay Listings and Seller Concerns

At the time of this report, there are 12 eBay listings for these sneakers. The sneakers are expected to ship between September and November, and while many of the sellers have high ratings, some have been flagged as potentially fraudulent.

Limited Edition Release and Autographed Pairs

The Bitcoin-themed sneakers, part of a limited run of 1,000 pairs, sold out within three hours of their release on the official Trump Sneakers website. Five pairs were randomly signed by Trump, giving buyers a 1 in 200 chance of receiving an autographed pair. The website also offers two other variations: orange low-tops and black high-tops, each priced at $299, with a limited number also available for pre-order and potentially signed.

Additional Trump-Themed Merchandise

In addition to the sneakers, Trump's team is offering various other merchandise, including Trump-themed items, perfume, a “Freedom” cooler priced at $299, and other shoes featuring Trump-related catchphrases and American flag designs.

Trump’s Shift in Stance on Cryptocurrency

This new line of crypto-themed merchandise follows Trump's recent shift in stance on cryptocurrency. Earlier in 2024, Trump began advocating for Bitcoin and other digital assets as a central part of his reelection campaign. This change in position is a departure from his previous criticisms of Bitcoin, which he had previously described as a “scam” and technically worthless compared to traditional assets like the US dollar.

Commitment to Bitcoin and Future Plans

Trump's recent comments at the Bitcoin 2024 conference in Nashville further highlighted his commitment to digital assets. He proposed creating a "strategic national Bitcoin stockpile" if reelected, pledging that the US government would retain its $12 billion in confiscated Bitcoin reserves. This stance marks a significant shift from his earlier views and reflects his current pro-crypto policy focus.

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