Elon Musk stated that the America Party would embrace Bitcoin and asserted that fiat is “hopeless”

Date

July 7, 2025

Quotes that support claims

The announcement was made in a brief reply on X (formerly Twitter). It came in response to a user’s question on X (formerly Twitter) asking if the political party would ‘embrace Bitcoin.’

Elon Musk's 'America Party', a pro-tech centrist party the Tesla and SpaceX founder plans to form after his split from President Donald Trump, would embrace bitcoin BTC $108,654.38 Musk said on X.

“Will America Party embrace Bitcoin?” asked X user Renato Lima. “Fiat is hopeless, so yes,” said Elon Musk in his post.

Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin.

Tags

Week 28 of 2025