The Bitcoin community is calling Tesla CEO Elone Musk to stack bitcoin as a way to achieve the upper hand in his ongoing public fight with US President Donald Trump.
Crypto Trader and Analyst Will Clemente ” Said In June 6X Post. Echoing a similar sentiment, JAN3 founder and CEO Samson Mow Said In an X post on the same day, “@elonmusk, it’s time to go on all bitcoins.”
Mave urged Tesla to start a bitcoin treasury strategy
Mow urged to accept bitcoin (BTC) payment for Tesla and adopt Bitcoin Treasury Strategy. In 2021, Tesla stopped accepting bitcoin as a means of payment due to environmental concerns. However, the firm still holds digital assets. On 23 April, the coinlagraph reported that Tesla’s digital asset holdings declined by $ 1.076 billion to $ 1.076 billion to $ 951 million by 11.61%.
Mow also proposed that the SpaceX of Musk offers launch exemption to customers paying in bitcoin.
“A hard money standard force on the money printer,” Mav said. After this MOW, recently Cointelegraph magazine has been told that Trump has signed the executive order of the strategic bitcoin reserve, but he has yet to buy any additional bitcoin. He said that the US has to “start” to acquire bitcoins this year to avoid having a front-run by other countries.
In another comment to Musk, Mow said:
“At least they freeze your fiat property before doing it.”
Some bitcoins estimated that if Musk supported bitcoin, it would not be back. Boyd Cohen, co-founder and CEO of Lomob Said“If Musk was to go to BTC Maxi, all the bets closed in so many ways. He does nothing shorter.”
Cohen said, “He will make or buy his way for BTC Treasury, he will accept BTC in all his businesses, he will join the presidents of bitcoin on the world stage, promoting it as the only route for freedom,” Cohen said.
Musk started quarreling after leaving the position as Trump’s advisor and then on June 3 called his tax bill “hateful hatred”. It increased on 5 June after doing public insult business on social media on 5 June. Musk said that Trump’s plan to broaden the global tariffs will “cause recession in the second half of this year”.
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Meanwhile, Trump said in a post on his true social platform that ending Musk’s official subsidy and contracts would save “billions and billions of dollars” for the US government.
Musk has often mentioned cryptocurrency over the years. Recently, on June 2, he said that his social media platform X is rolling a new messaging feature, exhasts, which would “Bitcoin-style encryption”.
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