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MainNewsDeaton Predi...

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

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MainNewsDeaton Predi...

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

The Altcoin Signal That Has a 90% Track Record for Predicting Rallies Is Flashing Now

The Altcoin Signal That Has a 90% Track Record for Predicting Rallies Is Flashing Now

Bitcoin may be on the cusp of its most explosive growth cycle yet, according to new m...
Peter Schiff’s Call for Traditional Economics Clashes with US Bitcoin Reserve Policy

Peter Schiff’s Call for Traditional Economics Clashes with US Bitcoin Reserve Policy

The U.S. economy added 139,000 jobs in May, a figure that beat market expectations bu...