Elon Musk praises Canadian opposition leader Pierre Poilievre for supporting Bitcoin

2025-01-08 09:31:47

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ChainCatcher news, on Tuesday morning local time, Elon Musk praised the Canadian opposition leader Pierre Poilievre for supporting Bitcoin, after Musk had been attacking European politicians for several days. Musk posted a video on X where Poilievre explained that the best way to tackle inflation is to cut government spending, aligning with the goals of the U.S. Department of Efficiency (DOGE) co-led by Musk.

After Justin Trudeau announced his resignation on Monday, Conservative leader Pierre Poilievre will run for Prime Minister. Polls show that Canadian voters are particularly concerned about the cost of living. "Clearly expressed," Musk wrote on X.

For years, Poilievre has supported Bitcoin, having appeared on cryptocurrency podcasts and expressed a desire for Canada to become the "world blockchain capital." As early as 2022, this Conservative politician stated that "Canadians should have the freedom to use other currencies, like Bitcoin," because the government is "destroying" the Canadian dollar. Trudeau at the time criticized this statement as "reckless."

Polymarket predicts an 89% chance of Poilievre being elected as the next Prime Minister of Canada, far ahead of second-place Chrystia Freeland. (Decrypt)

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