BTC News: The Bold AI and Bitcoin Masterplan from Elon Musk and El Salvador’s Bukele

• Elon Musk and El Salvador had a face-to-face meeting at Tesla headquarters.
• The duo discussed future tech with growing speculation on a likely Bitcoin partnership.

A recent meeting between El Salvdor’s President, Nayib Bukele, a known Bitcoin (BTC) and AI innovator and Tesla’s CEO, Elon, has raised speculations about a potential collaboration. Elon and Bukele share a common interest in supporting cryptocurrencies, and their contributions have helped shape the industry.

Details of Bukele’s Meeting With Elon Musk

During a tour visit, Bukele met Elon at Tesla’s headquarters in Austin, Texas. Only a few snippets of their discussions were recorded on video, but they discussed how emerging technology could alter the course of history.

Bukele announced his visit in a social media X post, stating, 

“It was a pleasure to spend several hours talking with one of the greatest minds of our time @elonmusk.” Responding to the post, Elon stated, “We should livestream our next conversation! I think people would enjoy hearing it.”

It was a pleasure to spend several hours talking with one of the great minds of our time @elonmusk pic.twitter.com/sLYUk7u4J5

— Nayib Bukele (@nayibbukele) September 21, 2024

He said they talked about various topics ranging from the future of humanity to reality and how AI and robots will affect the world. Elon and Bukele are excited about new tech, evidenced by their posts and comments. 

This meeting at Tesla HQ has generated some good praise for El Salvador. One X user commented,

Elon is the GOAT. El Salvador is developing notably under Bukele. After many years, the future feels promising.

Additionally, prominent investor Cathie Wood says El Salvador’s economy could grow greatly by 2029. Intriguingly, the Tesla HQ meeting suggests an ambitious goal for AI and Bitcoin. For now, crypto enthusiasts are eager to see how the inclusion of AI in blockchain technology could shape the future of finance and data analysis.

As reported earlier by Crypto News Flash, Bukele highlighted that major businesses in El Salvador now accept Bitcoin as a legal tender. He, however, acknowledged that the adoption process has not progressed as swiftly as anticipated. Thus, a potential collaboration between Bukele and Elon could help see the expected Bitcoin growth materialize.

El Salvador became the first country to adopt Bitcoin (BTC) as a legal tender in 2021 after Congress followed President Nayib Bukele’s proposal. As Crypto News Flash discussed earlier, the country has seen amazing growth, with its $135 million Bitcoin investment growing to $400 million in the public wallet. 

El Salvador’s Bold Bitcoin Moves

El Salvador has continued its Bitcoin move despite opposition from institutions like the International Monetary Fund (IMF). The country launched a comprehensive Bitcoin certificate program for its civil servants in August. The initiative aims to educate 80,000 government personnel about Bitcoin and its use in public administration, as noted in Crypto News Flash‘s earlier post.

Additionally, development is ongoing for El Salvador’s proposed Bitcoin City. For instance, Yilport Holdings has pledged to invest over $1.6 billion in the La Union Port, which is designated as the future site for Bitcoin City.