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Home»Analysis»Elon Musk confirms that “America Party” will embrace Bitcoin because Fiat is hopeless
Analysis

Elon Musk confirms that “America Party” will embrace Bitcoin because Fiat is hopeless

July 7, 2025No Comments
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Main to remember

  • The American party proposed by Elon Musk will kiss Bitcoin.
  • Musk’s approval reports growing political attention to the adoption of cryptography in the United States.

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Elon Musk confirmed on Sunday that his proposed “America Party”, an alternative to democratic-republican duopoly, would adopt Bitcoin.

Musk made the declaration in response to the question of a user on X to find out if the “America Party” would adopt Bitcoin. He showed an agreement and expressed his skepticism to the fiduciary currency.

Elon Musk announced on Saturday the formation of the “American party” in response to the recent promulgation by Donald Trump of a 3.3 -dollar spending bill, to which Musk opposes. The announcement follows a public survey via X, which has shown major support on the initiative among Musk followers.

Although Musk made daring statements, there is no indication that he has taken concrete measures towards the launch of the party.

The scratched data of the Federal Electoral Commission of the United States (FEC) circulating on X earlier in the day have suggested that a file had been made under the name of “Elon Reeve Musk” for the “America Party”. However, no file exists on the official website, and Musk publicly denied any link, saying that the file was false.

This file is false and has been reported as such to the FEC

– Elon Musk (@elonmusk) July 6, 2025

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