Elon Musk was sitting front row when President Trump signed the executive order for a Strategic Bitcoin Reserve 👀


source:
https://x.com/BitcoinMagazine/status/1898030624557891736?t=m3RSIsIJZCAAbTo2hyDixg&s=19

Well this is to be expected. It would be weird if Elon was not involved heavily in such a decision that I am sure he pushed for a lot even back then. People would be dramatic and start speculations about just how much influence Elon has over Trump and whether their relationship is stronger than ever.

With this said, I am surprised about doge not making the cut. Did Elon never proposed doge or did Trump really just did not see the benefits of doge? Either way I am happy where bitcoin ended up becoming in the context of the us govt.

lol... I would rather invest in some other defi platform to get myself some passive income

@rohang
There was this interview broadcasted yesterday showing Musk laughing and not crying at what was happening at Tesla and their stock price:

Elon Musk exposes why Democrats don’t want ‘waste and fraud’ to be turned off
https://www.youtube.com/watch?v=T6DiMIJIvYw

Even at the Big Money show of the same network had him not even worried about what was happening over at Tesla although they had a recent drive-by shooting at one of their dealerships in New York from those who are protesting against the electric car maker and it's owner of the X platform:

Elon Musk alleges Democrat group is behind Tesla protests
https://www.youtube.com/watch?v=IXFR3b5ecSY

All this going on and he is still able to co-ordinate things for the government at D.O.G.E

The talk of a million bitcoins is a new milestone in the path toward greater recognition and widespread adoption of Bitcoin. However, this remains unrealistic unless revealing the funding sources for the purchases, which are expected to occur over the next five years (the duration of Trump's presidential term), are identified and without a clear strategy for establishing this reserve. Just as when Trump spoke of a diversified crypto reserve portfolio that includes more than just Bitcoin, and actually mentioned several cryptocurrencies, only to later agree on Bitcoin alone as a reserve, Donald Trump does not hesitate to fuel his popularity with unrealistic and therefore irresponsible statements.

The problem is that Trump isn't the kind of politician who would be ashamed of his mistakes. Quite the opposite: he doesn't hesitate to bully his opponents, both at home and abroad, using racist slurs and derogatory innuendos. At the same time, he woos his followers with grandiose promises and executive orders that lack legal basis or any specific political consensus. Despite all this, I don't consider Amp crazy or naive. Everything he does is well thought out and has benefits, but they don't necessarily have to be in everyone's sight.

I think Elon is “for crypto” but he’s not going to waste his time developing it. He’s given his opinion that small blocks make Bitcoin not very useful but still he has done his part by acquiring some for himself personally and for his companies. What more do you want from the guy. He has more important things to spend his energy on.

Elon Musk is a meme lover who constantly posts various memes on his profile. And this has been seen in crypto as well. He is more excited about doge coin so it can be said that he cares less about bitcoin. No one supports Bitcoin as much as it supports Doge Coin. He is a creative guy and he always invests more where he can get more money faster. And because of his face value, he can be an influencer of his products in various ways. This is seen in all cases. Whatever he does, he's very serious about Tesla and SpaceX, so those are the most important things to him

He is a businessman, and only then - a politician.

Yep, promises made by anyone high enough can be divided in two, or even more.

His words may be bullish, but his ideas overall - not so much. But it was awaited from the wild card like him.