The highly anticipated Elon Musk and Donald Trump interview, which took place on Monday, had caused great expectations in the cryptocurrency world. Since it is known that both Elon Musk and Donald Trump have close ties to the cryptocurrencies, it was expected that these topics would be touched upon in the interview. However, nothing was discussed about Bitcoin and cryptocurrencies in the interview. Instead, the duo discussed topics such as inflation, trade, nuclear energy, power and education.
X platform was subjected to a DDoS attack
Just before the Donald Trump interview, Elon Musk’s social media platform X was subjected to a powerful DDoS attack. According to Musk’s statements, the platform received extraordinary traffic due to the great interest in the interview. The X platform hosted 8 million listeners at the same time. Despite the attack, the interview was carried out as planned. Despite the threats made by the EU Commission against Elon Musk, the two leaders discussed a wide range of topics in the interview. First, the state of the US economy and inflation were discussed. Musk responded to the EU’s warnings about the spread of misinformation by saying, “There are attempts to impose censorship on other countries.”
Donald Trump, on the other hand, harshly criticized the Biden administration for inflation problems. Trump said, “People are devastated by inflation,” and emphasized that prices should be reduced. The former US President stated that the government was inadequate in the fight against inflation. In the interview, Trump criticized the FDA (Food and Drug Administration) and the Ministry of Education, as well as the Biden administration. Trump stated that the drug approval process was taking too long, saying, “The FDA is taking too long.” He also stated that he encouraged the “right to try” law, which allows the use of drugs awaiting FDA approval. This law allows patients who want to try drugs that have not received FDA approval. Trump argued that bureaucracy slows down the healthcare system and that patients are harmed by this process.
Musk winks at a White House position in the Trump administration
Another striking part of the interview was Elon Musk’s offer to take on a role in the Donald Trump administration. Musk has proposed a “government efficiency commission” aimed at improving government efficiency. “I would be happy to help with such a commission — I would love it if it were established,” Musk said. Interestingly, Trump has also welcomed the idea.
Musk is closer to Trump than ever before. He has had an on-off relationship with the Biden administration, while advising Trump on electric vehicles and crypto policies. Throughout 2024, clashes between the SEC (Securities and Exchange Commission) and the crypto industry have escalated. Major players like Coinbase have called for transparency and called attention to regulatory overreach.
No talk of cryptocurrencies
During the previous Trump administration, Musk served on White House advisory councils, but left those positions after Trump’s decision on the Paris Climate Agreement. Now, Musk is taking a closer stance with Trump and is signaling that he could take on a major role in a future Trump administration.
Although the Elon Musk and Donald Trump interview was highly anticipated in the crypto world, it was disappointing that there was no discussion on the subject. Instead, issues such as economy, inflation and bureaucracy came to the fore. Another notable topic was Musk and Trump’s future collaboration, especially Musk’s possible role in the Trump administration. This interview was recorded as an important moment in terms of giving clues about the direction the relationship between Musk and Trump will take.
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