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Elon Musk confirms new ‘America Party’ will embrace Bitcoin

cryptoweekly by cryptoweekly
July 7, 2025
in bitcoin, News
0

Elon Musk announced the formation of a new political party on Sunday, telling one of his followers on X that it will embrace Bitcoin as “fiat is hopeless.”

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

“Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin.

Elon Musk is no stranger to Bitcoin as Tesla was an early adopter, holding BTC in its treasury.

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Recent Posts
  • Russia targets crypto mining energy thieves, tax dodgers
  • UK sentences 2 men to prison over $2M cold-calling crypto scam
  • Elon Musk confirms new ‘America Party’ will embrace Bitcoin
  • Hong Kong to limit the number of stablecoin licenses issued in 2025
  • Bitcoin eyes new high on tariff deadline, Musk love: Analysts
  • Jack Dorsey tests Bitchat — decentralized messaging without internet
  • Trump says Musk ‘off the rails’ for forming political party to rival GOP

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