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Deaton Predicts Elon Musk Will Buy More Bitcoin After Spending Bill Sparks Fury


by Vignesh Karunanidhi
for CoinEdition
Deaton Predicts Elon’s Bitcoin Buy as Spending Bill Sparks Fury
  • Musk calls the Congressional bill a “disgusting abomination” filled with waste.
  • The bill’s $1.6T discretionary spending includes $895B defense and $711B non-defense funds.
  • Coinbase CEO warns Bitcoin could replace the dollar if deficit spending continues unchecked.

Pro-XRP lawyer John Deaton has suggested Elon Musk and Tesla may purchase additional Bitcoin following the Tesla CEO’s harsh criticism of the recent Congressional spending bill. Deaton’s prediction comes as Musk launched a scathing attack on what he termed a “pork-filled” legislative package.

“Wouldn’t be surprised to see Elon and Tesla buy more Bitcoin. The Big Beautiful Bill is a walking billboard and advertisement for buying Bitcoin,” Deaton posted on X, directly replying to Musk’s criticism of the FY2025 budget.

Musk’s frustration was evident in his social media response: “I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spen…

The post Deaton Predicts Elon Musk Will Buy More Bitcoin After Spending Bill Sparks Fury appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Trump Media Confirms $2 Billion in Bitcoin Holdings After SEC Greenlight

Trump Media Confirms $2 Billion in Bitcoin Holdings After SEC Greenlight

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Robert Kiyosaki Cautions Bitcoin Bubble About To Burst, But Suggests It’s Good News: Here’s Why

Robert Kiyosaki Cautions Bitcoin Bubble About To Burst, But Suggests It’s Good News: Here’s Why

In Kiyosaki’s belief, once the bubble starts popping, it will lead to a significant f...

Deaton Predicts Elon Musk Will Buy More Bitcoin After Spending Bill Sparks Fury


by Vignesh Karunanidhi
for CoinEdition
Deaton Predicts Elon’s Bitcoin Buy as Spending Bill Sparks Fury
  • Musk calls the Congressional bill a “disgusting abomination” filled with waste.
  • The bill’s $1.6T discretionary spending includes $895B defense and $711B non-defense funds.
  • Coinbase CEO warns Bitcoin could replace the dollar if deficit spending continues unchecked.

Pro-XRP lawyer John Deaton has suggested Elon Musk and Tesla may purchase additional Bitcoin following the Tesla CEO’s harsh criticism of the recent Congressional spending bill. Deaton’s prediction comes as Musk launched a scathing attack on what he termed a “pork-filled” legislative package.

“Wouldn’t be surprised to see Elon and Tesla buy more Bitcoin. The Big Beautiful Bill is a walking billboard and advertisement for buying Bitcoin,” Deaton posted on X, directly replying to Musk’s criticism of the FY2025 budget.

Musk’s frustration was evident in his social media response: “I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spen…

The post Deaton Predicts Elon Musk Will Buy More Bitcoin After Spending Bill Sparks Fury appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Trump Media Confirms $2 Billion in Bitcoin Holdings After SEC Greenlight

Trump Media Confirms $2 Billion in Bitcoin Holdings After SEC Greenlight

Donald Trump’s Trump Media and Technology Group has announced it now holds $2 billion...
Robert Kiyosaki Cautions Bitcoin Bubble About To Burst, But Suggests It’s Good News: Here’s Why

Robert Kiyosaki Cautions Bitcoin Bubble About To Burst, But Suggests It’s Good News: Here’s Why

In Kiyosaki’s belief, once the bubble starts popping, it will lead to a significant f...