Against the backdrop of the ongoing conflict between Elon Musk and Donald Trump, the Bitcoin community urges Musk to refocus on cryptocurrency.
Elon Musk and Donald Trump's Conflict
The clash between Elon Musk and Donald Trump intensified after Musk, who left his position as an advisor to Trump, called a recent tax bill a 'disgusting abomination.' In response, Trump threatened to cut Musk’s government subsidies and contracts worth billions.
Return to Bitcoin
Despite Tesla halting Bitcoin payments due to environmental concerns, it still owns some digital assets. The Bitcoin community is urging Musk to start accepting Bitcoin again as a means to stand up to Trump, highlighting that this position could be strategically significant.
Prospects for the Bitcoin Market
If Musk decides to support Bitcoin, experts believe it could have a significant impact on the market. For example, Lomob CEO Boyd Cohen noted that Musk could build the largest Bitcoin treasury and actively utilize it across his businesses.
The question of whether Musk will remain true to his principles remains open, but many expect that his actions could significantly alter the Bitcoin market if he supports this cryptocurrency.
