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  • Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space
  • Crypto

Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space

cryptovert August 13, 2024 2 min read
  • An
    interview
    between
    Elon
    Musk
    and
    Republican
    presidential
    candidate
    Donald
    Trump
    attracted
    over
    1
    million
    listeners
    on
    X.

  • Crypto
    was
    not
    mentioned
    during
    the
    two-hour
    long
    event.

Former
President
Donald
Trump
did
not
mention
bitcoin
or
crypto
during
an
interview
with
X
CEO
Elon
Musk
on
Monday
evening.

Over
two
hours,
the
wide-ranging
interview
covered
a
variety
of
topics
including
illegal
immigration,
the
economy,
AI
and
global
warming.

The
interview
attracted
over
1
million
listeners
and
was
delayed
for
over
45
mins,
due
to
what
Musk
called
a
“massive
[distributed
denial
of
service]
attack
on
X”.

“As
this
massive
attack
illustrates,
there’s
a
lot
of
opposition
to
people
just
hearing
what
President
Trump
has
to
say,”
Musk
said
of
the
alleged
attack.


A
report
from
The
Verge
called
this
into
question
,
however,
with
a
source
telling
the
publication
that
this
wasn’t
the
case,
saying
there
was
a
“99
percent
chance
Musk
was
lying”
about
the
attack.
An
alert
from
cybersecurity
watchdog
organization
Netblocks
said
X
Spaces
was
experiencing
international
outages
but
did
not
confirm
if
it
was
a
DDOS
attack.

On
Polymarket,

bettors
were
giving
a
65
percent
chance

of
“crypto”
being
mentioned
during
the
interview,
with
over
$600,000
staked
on
the
topic.
The
prediction
market
also
added
another
market
to
ask
bettors
about
the
possibility
of
“bitcoin”
being
mentioned,
which
peaked
at
69%
with
approximately
$330,000
on
the
table.

Each
share
pays
out
$1
in
USDC,
a
stablecoin,
or
cryptocurrency
that
trades
at
par
with
the
U.S.
dollar,
if
the
prediction
comes
true,
and
zero
if
not.

Polymarket
did
not
list
out
markets
for
other
digital
assets
such
as
ether,
solana,
or
dogecoin.

Bettors
had
punted
over
$250,000
on
Trump
mentioning
“Tesla,”
which
peaked
at
79%,
however
Trump
dodged
the
specific
word
by
referring
to
the
electric
vehicle
brand
from
Musk
as
“your
cars.”

Other
words
that
bettors
had
punted
on
which
Trump
ended
up
saying
on
X
space
included
“MAGA,”
“illegal
immigrant,”
and
“tampon.”

While
crypto
has
become
an
election
issue,
with
Trump
appearing
at
recent

BTC
2024
conference
in
Nashville
to
announce
crypto
policy
,
it
continues
to
go
unmentioned
during
mainstream
events
such
as
the

first
presidential
debate
in
June.

Edited
by
Kevin
Reynolds.

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