Trump Speaks with Elon, But Not About Crypto

In a digital occasion eagerly listened to by hundreds of thousands, former President Donald Trump and X CEO Elon Musk got here collectively for an in depth dialogue that spanned a spread of urgent points however notably sidestepped the subject of cryptocurrencies.

Regardless of excessive expectations and important betting curiosity on Polymarket, Trump shunned mentioning both Bitcoin or the broader class of crypto in the course of the two-hour dialog.

The dialogue, which was delayed by over 45 minutes because of what Musk described as a “huge” assault on X, lined unlawful immigration, the financial system, synthetic intelligence, and world warming.

Musk attributed the delay to a concerted DDOS effort to forestall Trump from being heard, though this declare was met with skepticism. A report from The Verge, citing an inside supply, advised a excessive probability that Musk’s clarification may not maintain water, whereas cybersecurity consultants didn’t verify a DDOS assault, noting solely worldwide outages.

On the earth of predictive betting, lovers had wagered over $600,000 on the point out of “crypto,” reflecting a 65% chance. The stakes have been additionally excessive for mentions of “Bitcoin,” with bets peaking at a 69% probability. Nevertheless, none of those anticipated mentions materialized in the course of the interview.

Trump did, nonetheless, contact on different hot-button subjects that bettors had their eyes on. Phrases like “MAGA,” “unlawful immigrant,” and even “tampon” have been a part of the discourse, confirming among the bettors’ predictions. Notably, when it got here to “Tesla,” Trump prevented the precise time period, opting as an alternative to consult with Musk’s firm as “your vehicles,” which dodged one other well-liked betting matter.

One notably profitable bettor, recognized on-line as ‘bama1234’, managed to internet over $1 million by precisely predicting the presence or absence of those key phrases in the course of the broadcast. His most profitable wager was on Trump not mentioning “crypto,” which alone added $336,918 to his winnings.

Regardless of the vigorous and broad-ranging dialogue, some listeners may need felt the absence of direct mentions of cryptocurrency, particularly contemplating Trump’s current engagement with the subject on the BTC 2024 convention.

Whereas the X viewers was within the hundreds of thousands, and supportive of the chance to listen to what Trump needed to say, mainstream protection was much less supportive as this assortment of headlines exhibits.

Supply: X

On X, James Altucher, summarized the dialogue stating that Trump’s frequent sense insurance policies have been:

Do extra vetting on the border (as in authorized immigration) to forestall criminals coming in.

Have an vitality coverage that doesn’t depend upon our enemies for fossil fuels whereas we proceed to discover and innovate on photo voltaic/nuclear.
The largest menace to not solely America however the world is nuclear weapons within the palms of unhealthy nations.
Lower Dept of Training as a result of US is persistently getting decrease on schooling vs the world and but spending extra per scholar.
Have a extra environment friendly authorities by way of spending. Everybody says this however no person does something about it. Is there a solution to do one thing about it?
Inflation is the results of an elevated cash provide because of larger authorities (and inefficient govt spending). If cash provide will increase quicker than our items and companies then inflation outcomes.

For these wishing to hearken to your entire dialog, right here is the hyperlink and timestamps.