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'Buy Bitcoin': Musk's $5 Trillion Debt Warning Seen as BTC Endorsement

Wed, 4/06/2025 - 20:14
Bitcoiners believe that the $5 trillion debt warning issued by Musk is boosting the pro-BTC narrative
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'Buy Bitcoin': Musk's $5 Trillion Debt Warning Seen as BTC Endorsement
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Centibillionaire Elon Musk has stepped up his criticism of the massive tax-and-spending package pushed by the Republicans. 

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In his latest social media post, he warned that the bill would increase the debt ceiling by a whopping $5 trillion. 

Musk has urged Republican Senators to "kill" the bill, which he previously slammed as a "disgusting abomination." 

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Many Bitcoiners interpreted Musk's stark debt warning as an endorsement of the largest cryptocurrency. Some have also urged the Tesla boss to put his laser eyes back on. 

Earlier this Wednesday, Musk also reacted to a post written by Coinbase CEO Brian Armstrong, who predicted that Bitcoin could end up supplanting the U.S. dollar as the world's reserve currency unless the debt problem gets addressed by Congress. 

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