Former President Donald Trump Dodges Crypto and Tesla, Leaving Polymarket Bettors Surprised
- WBOYOriginal
- 2024-08-13 21:42:11762browse
YEREVAN (CoinChapter.com) — In an interview on X, former President Donald Trump spoke with Elon Musk, attracting over 1 million listeners.
Former US President Donald Trump had an interview with Elon Musk on X Spaces, which attracted over 1 million listeners and sparked betting on whether Trump would mention cryptocurrency during the conversation.
However, despite the anticipation, Trump did not mention cryptocurrency during the two-hour conversation, which covered topics like illegal immigration, the economy, artificial intelligence, and global warming.
Before the interview, Polymarket bettors were confident that Trump would mention cryptocurrency, with over $600,000 being staked on the possibility of Trump discussing “crypto.” The odds peaked at 65%, and another market for the word “Bitcoin” saw approximately $330,000 in bets, with odds reaching 69%.
Surprisingly, Trump did not mention Bitcoin or any other cryptocurrency during the interview. Bettors had also placed over $250,000 on Trump saying “Tesla,” with a peak of 79%, but Trump avoided the word by referring to Tesla as “your cars” while speaking to Musk.
This omission was particularly noteworthy since Trump had appeared at the BTC 2024 conference in Nashville earlier this year, where he announced his crypto policy. Still, the topic did not come up during this interview with Musk.
Despite Trump not mentioning cryptocurrency, a Polymarket user named ‘bama1234’ won over $1 million by correctly betting on most of the words Trump did or did not say during the interview. Their largest payout came from betting that Trump would not mention “crypto,” earning them $336,918.
However, ‘bama1234’ did not win on all their bets. They incorrectly predicted Trump would say “MAGA,” which he did early in the conversation, and “Trans,” which Trump did not mention.
Overall, Trump’s avoidance of cryptocurrency discussions during mainstream events like this interview and the first presidential debate in June has been highlighted, especially considering the strong betting activity around the topic.
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