Trump and Musk's X Space: Why Wasn't Bitcoin Mentioned During the High-Stakes Interview?

Overview

An interview between Elon Musk and Donald Trump, the Republican presidential candidate, drew in over 1 million listeners on X but surprisingly did not touch on cryptocurrency.

Key Highlights

• The two-hour conversation spanned various topics, such as illegal immigration, the economy, AI, and global warming but left out bitcoin and other digital assets entirely.
• The event faced a significant delay of over 45 minutes, which Musk attributed to a purported DDoS attack on X. However, this claim has been questioned by sources, with one stating there was a 99% chance Musk was lying about the attack.
• Bettors on Polymarket had previously estimated a 65% chance that Trump would mention crypto during the interview, with more than $600,000 staked on the outcome.
• Another market was created for the likelihood of Trump mentioning bitcoin, which peaked at 69% with around $330,000 on the line.
• Notably, bettors had also wagered over $250,000 on Trump mentioning Tesla, but he avoided directly naming it, referring to Musk's vehicles as "your cars."
• Despite the rising significance of crypto in political discussions, it remains largely unmentioned during major events, including the first 2024 presidential debate.

Betting Insights

One user, known as 'bama1234', won over $1 million by accurately predicting the words Trump would or would not say, including a significant $336,918 for betting correctly on Trump not mentioning crypto.

Conclusion

While cryptocurrency is increasingly becoming a topic of interest in the election landscape, its absence in mainstream discussions, such as this high-profile interview, raises questions about its current political relevance.