Elon Musk recently praised Pierre Poilievre, a Bitcoin-friendly Canadian politician, on social media for advocating government spending cuts to combat inflation. Poilievre, a Conservative Leader running for Prime Minister, has been a long-time supporter of Bitcoin and aims for Canada to become a blockchain hub. Musk's endorsement comes as Canadian voters express concerns about the cost of living. Poilievre is seen as a frontrunner in the upcoming elections, with an 89% chance of winning according to prediction markets. Musk's support may be linked to his own cost-cutting initiatives, including a government efficiency department named DOGE. Despite his interest in Dogecoin, Musk clarified that he is not actively involved in cryptocurrency. His recent criticisms of European politicians have stirred controversy. Edited by Andrew Hayward. Read more AI-generated news on: https://app.chaingpt.org/news

#BTC