Elon Musk and Former President Donald Trump Have Cryptocurrency Policy Discussions, as Trump Increasingly Highlights Bitcoin and Other Digital Assets on Campaign, Bloomberg mentioned today. According to sources familiar with the conversations, Trump sees Bitcoin and other cryptocurrencies as a way to attract new voters.
JUST IN: Elon Musk and Donald Trump discuss cryptocurrency policy as Trump highlighted #Bitcoin And Other Digital Assets as a Way to Reach New Voters – Bloomberg
Update: Elon Musk denies Bloomberg report, saying: "I certainly never discussed cryptocurrencies with Trump, although I… pic.twitter.com/4xPR1y9tmY
– Bitcoin Magazine (@BitcoinMagazine) May 30, 2024
The discussions with Musk follow Trump's recent support for Bitcoin and the broader cryptocurrency ecosystem, while emphasizing that innovation should happen in America. “Our country should be a leader in this field. There is no second place advertiser.
Trump has also seen great supports From leaders of the Bitcoin and cryptocurrency industry, in an attempt to raise millions in donations to support him and his new policies that support Bitcoin.
Additionally, conversations between Trump and Musk are said to cover ways in which Musk could take on a broad advisory role should Trump win a second term in November. The exact form of this potential advisory role is still under discussion, according to the report.
Trump campaign officials have also considered the possibility of inviting Musk to speak at the Republican convention, although a final decision has not yet been made.
Last Saturday, while speaking at the Libertarian Party convention, Donald Trump said that he would “ensure that the future of cryptocurrencies and Bitcoin will be made in the USA” and that he would “support self-custodianship for the 50 million countries in crypto.” Pregnant.” Additionally, Trump also pledged to commute the sentence of Ross Ulbricht, early Bitcoin pioneer and founder of Silk Road, to time served if he is elected president. It is useful“He's already served 11 years. We're bringing him home.”
BREAKING: 🇺🇸 Donald Trump says "I will ensure that the future of crypto and #Bitcoin It will be made in the USA"
"I will support self-custody for the country's 50 million cryptocurrency holders" pic.twitter.com/OSfUL91McJ
– Bitcoin Magazine (@BitcoinMagazine) May 26, 2024
Update: Elon Musk denies Bloomberg report It is useful“I certainly never discussed cryptocurrencies with Trump, although I generally support things that shift power from the government to the people, which is what cryptocurrencies can do.”
I've certainly never discussed cryptocurrencies with Trump, although I'm generally in favor of things that shift power from the government to the people, which is what cryptocurrencies can do.
– Elon Musk (@elonmusk) May 30, 2024