According to ChainCatcher, on Tuesday morning local time, Elon Musk praised Canadian opposition leader Pierre Poilievre for supporting Bitcoin, after Musk had been attacking European politicians for several days. Musk posted a video on X in which Poilievre explained that the best way to tackle inflation is to cut government spending, aligning with the goals of the U.S. Government Efficiency Department (DOGE) co-led by Musk.
After Justin Trudeau announced his resignation on Monday, Conservative leader Pierre Poilievre will run for Prime Minister. Polls show that Canadian voters are particularly concerned about the cost of living. 'Expressed very clearly,' Musk wrote on X.
For many years, Poilievre has supported Bitcoin, appearing on cryptocurrency podcasts and expressing the desire for Canada to become the 'world's blockchain capital.' As early as 2022, this Conservative politician stated that 'Canadians should have the freedom to use other currencies, like Bitcoin,' because the government is 'destroying' the Canadian dollar. Trudeau at the time criticized this statement as 'reckless.'
Polymarket predicts that Poilievre has an 89% chance of being elected as the next Prime Minister of Canada, far ahead of second place Chrystia Freeland. (Decrypt)
