Bitcoin community dey urge Elon Musk make e adopt BTC as hedge because of US debt and inflation wahala
Elon Musk don turn become main gidigba for Bitcoin and cryptocurrency community after e loudly talk against how US debt dey rise and inflation wahala wey don increase becos dem pass the ’One Big Beautiful Bill Act’ (OBBA), wey wan reduce tax well well but e go add $2.4 trillion to US debt. Bitcoin supporter Adam Back, wey dey talk wetin many people for crypto community dey think, don publicly beg Musk make e consider put some wealth inside Bitcoin, as protection against inflation and financial risk. People like Max Keiser, Brian Armstrong, and Michael Saylor dey support this talk, dey reason say if Musk support or hold more BTC—especially for Tesla balance sheet—it fit make Bitcoin become confirmed as storage of value and protection against government overspending. Bitcoin community dey now treat BTC as correct asset for save wealth when economy dey shake. Debate about OBBA and how dem go manage national debt don make talk about financial freedom and risk of fiat money depreciation pass again. Traders suppose dey watch Musk public talk well, because if Tesla or Musk support Bitcoin more e fit make market spirits high and quicken institution adoption.
Bullish
Dis news cycle na dey represent beta sign for Bitcoin cus e dey gather plenty attention for how BTC dey work as defence against bad fiscal management, currency weakening, and government debt wey dey rise. Big names like Adam Back wey dey show support plus talk say Elon Musk and Tesla fit deep their hand for Bitcoin before don always give market beta movement. When big tech people support or buy more BTC e dey usually make institutional people interested plus market confidence dey increase, we see this one for past Tesla and Bitcoin news. If Musk or Tesla talk say dem go commit more to Bitcoin, e fit make buying pressure bounce back, trading volume high and make people see BTC as main way to keep value, especially when inflation dey. Overall, traders go likely dey positive because of the extra attention and the chance say big market people go support.