Elon Musk Praises Canadian Opposition Leader Pierre Poilievre for Supporting Bitcoin

Elon Musk praised Canadian opposition leader Pierre Poilievre, who supports Bitcoin, on Tuesday morning, following days of Musk attacking European politicians. Musk posted a video on X in which Poilievre explained that the best way to deal with inflation is to cut government spending, which coincides with the goals of the Department of American Government Efficiency (DOGE), which Musk co-leads. Conservative leader Pierre Poilievre will run for prime minister after Justin Trudeau announced his resignation on Monday. Polls show that Canadian voters are particularly concerned about the cost of living. "Very clear," Musk wrote on X. Poilievre has been a supporter of Bitcoin for years, appearing on cryptocurrency podcasts and expressing his desire for Canada to become the "blockchain capital of the world." As early as 2022, the Conservative politician said that "Canadians should have the freedom to use other currencies, such as Bitcoin" because the government is "ruining" the Canadian dollar. Trudeau slammed the statement as "reckless" at the time. Polymarket predicts that Poilievre has an 89% chance of being elected as the next Prime Minister of Canada, far ahead of the second place Chrystia Freeland. (Decrypt)