Key Points
- Despite anticipation, Bitcoin or crypto were not discussed in the Musk-Trump interview.
- Trump’s stance on crypto remains unclear after the interview, amidst shifting odds in the presidential race.
Tech tycoon Elon Musk recently hosted an interview with Republican presidential nominee Donald Trump on his platform, X.
The event attracted a lot of attention from political and crypto enthusiasts. However, the interview faced a significant delay due to a reported DDOS attack on X.
The Interview
The conversation finally began, but there was no mention of crypto or Bitcoin during the session.
This lack of discussion about digital currencies was surprising, given the speculation that Trump could influence the future of these currencies if elected.
The interview between Musk and Trump was anything but ordinary.
The discussion covered topics such as energy policy, climate change, and immigration, with Trump dominating the conversation.
Despite the peak listenership of 1.3 million, many were puzzled by the absence of any discussion on Bitcoin or crypto.
Impact on Betting
Polymarket, a prediction platform, had bettors convinced that digital assets would be a key part of the discussion, with odds peaking at 69% for a “Bitcoin” mention.
The unexpected omission of the word “crypto” had financial implications, with nearly $5 million riding on Polymarket bets about Trump’s choice of words.
One Polymarket user, bama124, managed to predict accurately the words Trump would and wouldn’t say, winning almost $1 million.
Presidential Race
In the lead-up to the presidential election, Trump’s winning odds on Polymarket have dropped to 46%, while Kamala Harris has surged ahead with 52%.
Harris’s campaign has been supported by key figures in the crypto industry, with a support group named “Crypto for Harris” launched to mobilize voters and enhance fundraising efforts within the crypto community.
Trump and Crypto
Throughout 2024, Trump has made several moves to court the crypto community as part of his presidential campaign.
He began accepting crypto donations in May and expressed support for Bitcoin miners in June.
Despite these gestures, the absence of any discussion on digital assets during the interview with Musk has left many wondering about his stance on crypto.
Whether this was an intentional omission or hints at a more ambiguous position on the issue remains to be seen.
