As Elon Musk criticizes the "Beautiful Act", Jack Dorsey calls for support for Bitcoin.

Gate News bot news, although the Trump administration is pushing hard for the "big beautiful bill", it has been heavily slammed by billionaire investors such as Elon Musk and Jack Dorsey, who tend to favor bitcoin. Amid Musk's strong opposition to the controversial bill, Dorsey hinted that backing Bitcoin would be a better option in this case.

Many industry bigwigs, including Max Kaiser and Brian Armstrong, believe that this is actually very beneficial for Bitcoin. In the current situation, Dorsey has been promoting the popularization of Bitcoin. Since Musk acquired Twitter, Dorsey has been dedicated to the operations of Block Inc., which agreed to accept Bitcoin payments this April.

Source: CoinGape