The first presidential debate, moderated by ABC News anchors David Muir and Linsey Davis, was a fiery clash lasting over 90 minutes. Former President Donald Trump dominated many moments of the debate, but the betting market has favored Vice President Kamala Harris as the clear winner.
While the entire crypto is bullish on US presidential elections, Elon Musk’s recent jab at Harris for dodging crypto and regulations in an open debate is quite concerning for the crypto market.
Both candidates arrived with meticulously prepared agendas, yet Bitcoin enthusiasts were left disappointed as cryptocurrency reforms were noticeably absent from their discussion. Instead, the debate focused on pressing issues such as climate change, abortion rights, international conflicts, and economic reforms.
In a recent X post, Elon Musk shared his strong opinions about the debate. He criticized the debate hosts for their treatment of Trump and acknowledged that Harris exceeded expectations. However, Musk firmly believes that Trump would more effectively enact substantial changes. Musk openly lashed Harris for not making notable progress, pointing out President Joe Biden’s frequent absences and implying that Harris is already effectively in charge.
Innovation Under Siege?
Moving on, Musk further expressed concerns about the future of innovation under current regulations. He warned that laws and regulations could worsen without significant government reform, potentially hindering major projects like high-speed rail and space exploration.
He emphasized that Trump supports a government efficiency commission to advance ambitious projects, a stance Harris does not share. Musk concluded with a stark warning: if Harris wins, he fears humanity’s aspirations to reach Mars and achieve other grand endeavors could be severely compromised.
Will elections help crypto, or is there more bloodbath awaiting? We have to wait and watch.
