NASCAR Driver Bubba Wallace’s Car Is Adorned With Bitcoin Logo
NASCAR Driver Bubba Wallace’s Car Is Sporting Bitcoin Logo
Darrell “Bubba” Wallace, the only African American driver in NASCAR’s top racing series, will now be flying around the track in a car sporting the Bitcoin logo.
According to a tweet posted by Twitter CEO Jack Dorsey on July 14, the NASCAR driver’s new paint job has at least two Bitcoin (BTC) logos along with logos for Square’s Cash App. Dorsey is the CEO and co-founder of Square.
Wallace has come into the national spotlight outside of racing after reports last month he pushed NASCAR to ban the Confederate flag from its events. He also made headlines after finding what looked to be a noose in his team garage, though later reports stated it was just a door pull rope.
President Donald Trump took aim at the driver with an inflammatory tweet arguing that Wallace’s actions had led to NASCAR’s ratings plummeting. In fact, the ratings on FOX are up 8% since the controversy.
Bubba and Bitcoin
Reaction to the Cash App sponsorship and Bitcoin logo on Wallace’s car appeared to be positive, with some social media users suggesting that the partnership with NASCAR could lead to bullish trends.
Reddit user degentrader69 said that the price of Bitcoin would likely hit $100,000 by the end of the week as a result of the partnership. Twitter user newmoneyFC said that if Trump tweeted about Wallace again, people would rush to buy BTC in protest, and this would drive the price up to $20,000.