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Musk's New 'America Party' Will Support Bitcoin

"Fiat is hopeless," the former DOGE chief told a supporter on X.
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Jul 7, 2025 • 1 min read

Elon Musk announced the creation of the 'America Party,' a political initiative that will actively promote Bitcoin and challenge the current U.S. political structure.

What’s the Scoop?

  • Bitcoin Support: Elon Musk announced his new political venture, the America Party, which will embrace Bitcoin as part of its platform.
  • Challenge to Two-Party System: The party aims to disrupt the entrenched Democratic and Republican parties, positioning itself as an alternative.
  • Fiat Criticism: Musk dismissed fiat as 'hopeless,' indicating strong ideological support for decentralized and digital currencies.

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Published in Bankless

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