Elon Musk and former President Trump are discussing cryptocurrency coverage as Trump more and more emphasizes Bitcoin and different digital property in his marketing campaign, Bloomberg reported at present. Trump views Bitcoin and different cryptocurrencies as a approach to appeal to new voters, based on sources aware of the negotiations.
Simply now: Trump highlights that Elon Musk and Donald Trump are discussing cryptocurrency coverage #bitcoin and different digital property as a approach to attain new voters — Bloomberg
Replace: Musk denies Bloomberg report, saying, "Fairly positive I by no means mentioned cryptocurrency with Trump, regardless that I… pic.twitter.com/4xPR1y9tmY
— Bitcoin Journal (@BitcoinMagazine) May 30, 2024
The dialogue with Musk follows Trump’s latest assist for Bitcoin and the broader cryptocurrency ecosystem, emphasizing that innovation should occur in the USA. “Our nation should be a pacesetter on this discipline. There is no such thing as a second place,” he mentioned.
Trump has additionally obtained sturdy assist from Bitcoin and crypto business leaders in an try to boost tens of millions of {dollars} in donations to assist him and his new pro-Bitcoin insurance policies.
Moreover, conversations between Trump and Musk reportedly lined how Musk would tackle a broad advisory function if Trump wins a second time period in November. The precise form of this potential advisory function remains to be being mentioned, the report mentioned.
Trump marketing campaign officers have additionally thought-about the potential of inviting Musk to talk on the Republican Nationwide Conference, however haven’t but made a remaining choice.
Talking on the Libertarian Social gathering conference on Saturday, Donald Trump mentioned he “will be certain that the way forward for cryptocurrencies and Bitcoin will probably be made in America” and that he “will assist the nation’s proper to autonomous custody of fifty million cryptocurrencies.” . holder. ” As well as, Trump additionally promised that if elected as president, he would commute the sentence of early Bitcoin pioneer and Silk Street founder Ross Ulbricht to the sentence he has served, and mentioned, “He has already served 11 years in jail. years.
BREAKING NEWS: 🇺🇸Donald Trump says "I’ll guarantee the way forward for cryptocurrency #bitcoin Shall be made within the USA"
"I’ll assist self-custody for the nation’s 50 million cryptocurrency holders" pic.twitter.com/OSfUL91McJ
— Bitcoin Journal (@BitcoinMagazine) May 26, 2024
Replace: Musk denied the Bloomberg report, saying, “I’m fairly positive I’ve by no means mentioned cryptocurrencies with Trump, regardless that I’m typically in favor of transferring energy from the federal government to the individuals, and cryptocurrencies can do this.
Fairly positive I’ve by no means mentioned cryptocurrencies with Trump, regardless that I am typically in favor of issues that transfer energy from the federal government to the individuals, and cryptocurrencies can do this
— Elon Musk (@elonmusk) May 30, 2024
