Elon Musk Acknowledges Bitcoin’s Potential After Trump’s Bitcoin 2024 Speech

Elon Musk discussed the potential of Bitcoin following Donald Trump’s keynote at the Bitcoin 2024 conference.

On the X Takeover podcast hosted by the Tesla Owners Silicon Valley, Musk elaborated on his views regarding Bitcoin, stating that he sees merit in the cryptocurrency, especially in the context of Trump’s recent speech in Nashville.

Elon Musk Says He Will Not Promote Crypto

During the podcast, Musk discussed technology, space exploration, and sustainability. When asked about his views on Bitcoin, he responded cautiously.

“I’m not going to be promoting crypto — at most, in a joking way. If you see me pumping crypto, it’s not me,” Musk said. “I do think there’s some merit in Bitcoin, and maybe some other cryptos, and I’ve sort of got a soft spot for Dogecoin because I like dogs and memes.”

Musk also emphasized the importance of community notes on X posts to dispel misinformation. He warned the audience to verify any crypto opinions attributed to him on social media.

$BTC

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