Michael Saylor posts fake quote from Trump on crypto to 3.6M followers

Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax.

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With United States Election Day less than a week away and many voters already going to the polls, social media is rife with misinformation about candidates’ policies. MicroStrategy executive chair Michael Saylor seems to have fallen for a social media post containing misinformation about Donald Trump’s position on taxing crypto.

In an Oct. 30 X post to his more than 3.6 million followers, Saylor attributed a quote to Trump in which he said crypto shouldn’t be taxed and “Bitcoin is money.”

An investigation by Cointelegraph suggested that the fake quote originated from the X account Basedkarbon, who claimed in an Oct. 28 post that the Republican candidate made the remarks in “a recent interview.” 

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