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The Coin Rise 2025-06-07 12:20:51

Bitcoin Advocates Urge Elon Musk to Go All-In Amid Feud With Trump

As tensions escalate between Tesla CEO Elon Musk and the U.S. President Donald Trump, prominent voices from the Bitcoin community are urging Musk to respond by embracing BTC more aggressively. According to analysts and industry leaders, adopting a full-fledged Bitcoin strategy could serve as a powerful financial and political move for Musk. “Full porting Bitcoin is the best way for Elon to get back at Trump,” wrote crypto analyst Will Clemente in a June 6 post on X. Echoing that view, JAN3 CEO Samson Mow made a direct appeal to Musk: “@elonmusk, it’s time to go all in on Bitcoin.” The comments come amid a series of public barbs traded between Musk and Trump on social media over taxes, tariffs, and government subsidies. Calls for Tesla to Resume Bitcoin Payments Mow further urged Musk to resume accepting BTC for Tesla purchases—a move the company paused in 2021 due to environmental concerns. He also called on Tesla to adopt a Bitcoin treasury strategy to diversify its holdings away from fiat currencies. Despite discontinuing Bitcoin payments, Tesla still holds significant digital assets , which declined in value from $1.076 billion to $951 million in Q1 2024. Mow proposed that Musk extend BTC payment options to SpaceX customers by offering launch discounts for BTC payments. “Force a hard money standard on the money printers,” Mow added, in a pointed comment directed at fiat-based financial systems and central banks. The push follows growing criticism that the U.S. government has failed to act on its so-called Strategic BTC Reserve, which was reportedly signed into executive order form by Trump months ago but hasn’t yet materialized into any purchases. Musk’s Potential Influence on Bitcoin Global Narrative Some believe that if Musk does commit fully to Bitcoin, the impact would be global and transformational. Lomob CEO Boyd Cohen noted, “If Musk were to go BTC maxi, all bets are off. He doesn’t do anything small.” Cohen predicted Musk could rapidly build the world’s largest Bitcoin treasury and influence global adoption through his companies. The feud intensified after Musk criticized Trump’s tax plan and warned that his proposed global tariffs could push the U.S. into a recession. Trump fired back by suggesting that eliminating Musk’s government subsidies could save taxpayers billions. While Musk has a history of engaging with crypto, most recently discussing BTC-style encryption for X’s messaging feature, many are watching closely to see whether he will translate his crypto commentary into action. The post Bitcoin Advocates Urge Elon Musk to Go All-In Amid Feud With Trump appeared first on TheCoinrise.com .

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