{"id":21625,"date":"2024-05-31T11:02:43","date_gmt":"2024-05-31T08:02:43","guid":{"rendered":"https:\/\/coinengineer.io\/?p=21625"},"modified":"2024-05-31T11:05:58","modified_gmt":"2024-05-31T08:05:58","slug":"elon-musk-refutes-crypto-talks-with-donald-trump","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/elon-musk-refutes-crypto-talks-with-donald-trump\/","title":{"rendered":"Elon Musk Refutes Crypto Talks with Donald Trump"},"content":{"rendered":"<p><strong>Elon Musk<\/strong> refuted claims that he discussed crypto with 2024 Republican presidential front-runner Donald Trump.<\/p>\n<p>&#8220;<em>Pretty sure I\u2019ve never discussed crypto with Trump, although I am generally in favor of things that shift power from the government to the people, which crypto can do,&#8221;<\/em> <a href=\"https:\/\/x.com\/CoinGapeMedia\/status\/1796225466816446754\"><strong>Musk<\/strong> posted on X<\/a>, the social media site he controls.<\/p>\n<p>Responding to a post quoting a Bloomberg article, the Tesla CEO said <strong>Musk<\/strong> advised Trump on cryptocurrencies and proposed having the billionaire speak at the forthcoming Republican national convention. Late Wednesday, The Wall Street Journal said Trump was mulling a &#8220;possible advisory role&#8221; for Musk should the former president recover the White House in this November&#8217;s election.<\/p>\n<p><span style=\"color: #0000ff;\"><em>Related: <a style=\"color: #0000ff;\" href=\"https:\/\/coinengineer.net\/blog\/trump-and-rfk-jr-speak-at-libertarian-convention\/\">Trump and RFK Jr. Speak at Libertarian Convention<\/a><\/em><\/span><\/p>\n<p>The two talked about how <strong>Musk<\/strong> may have &#8220;formal input and influence&#8221; over border security and economic policy, according to the paper. Following a Trump meeting in Florida, <strong>Musk<\/strong> stated in March, &#8220;<em>To use his clout&#8230; to help defeat Biden by galvanizing the support of influential allies<\/em>,&#8221; the WSJ reported, citing someone familiar with his thinking.<\/p>\n<p>Trump has expressed doubts about cryptocurrencies in the past, but he seems to be adjusting his opinion. Not long before his planned speech at the Libertarian National Convention last week, Trump declared he was &#8220;positive and open-minded&#8221; toward the crypto sector. He also supported pardon for Ross Ulbricht, who created the dark web bazaar Silk Road and has 11 years of a life sentence.<\/p>\n<p>Over the past two weeks, President Joe Biden&#8217;s re-election campaign has been contacting crypto sector stakeholders for direction on &#8220;crypto community and policy,&#8221; according to people The Block contacted. The sources observed a notable &#8220;shift&#8221; in tone from the Biden campaign towards crypto.<\/p>\n<p>With his regular tweets and memecoin endorsements, <strong>Musk<\/strong>\u2014the richest person in the world\u2014helped dogecoin rise to all-time highs in the summer of 21. <strong>Musk<\/strong> suggested last March that ultimately customers might be able to buy Tesla cars using the Dogecoin cryptocurrency.<\/p>\n<p><strong>Musk<\/strong> declared in December 2023 that he seldom spends any time considering cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk refuted claims that he discussed crypto with 2024 Republican presidential front-runner Donald Trump. &#8220;Pretty sure I\u2019ve never discussed crypto with Trump, although I am generally in favor of things that shift power from the government to the people, which crypto can do,&#8221; Musk posted on X, the social media site he controls. Responding<\/p>\n","protected":false},"author":6,"featured_media":21626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1730,467],"class_list":["post-21625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-donald-trump","tag-elon-musk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk Refutes Crypto Talks with Donald Trump - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Elon Musk refutes claims of discussing cryptocurrency with Donald Trump, emphasizing his general support for shifting power to the people.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/elon-musk-refutes-crypto-talks-with-donald-trump\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk Refutes Crypto Talks with Donald Trump - 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