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