🗳️ Elon Musk Launches “America Party” — Bitcoin to Be Central 🚀
Elon Musk officially announced the formation of the America Party, marking a dramatic shift from his alliance with Trump after accusing the “$3.3 T One Big Beautiful Bill” of escalating national debt. Now, Musk’s new political venture is branching into crypto territory:
📌 Pro-Bitcoin platform
Musk confirmed on X: “Fiat is hopeless, so yes” — meaning the party will embrace Bitcoin .
📌 Shift from partisan politics
The party won initial support from 65% of Musk’s poll respondents and aims to focus on key House and Senate races to influence major legislation .
📌 Political drama unfolds
• Trump, calling Musk “off the rails,” warns that a third party will create “chaos” .
• Treasury Secretary Scott Bessent advised Musk to “stick to his companies”, suggesting Wall Street is concerned .
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🧭 Why This Matters for Crypto
• First-ever political movement with official BTC support — could elevate Bitcoin’s status toward national currency legitimacy.
• Signals mounting institutional-politico acceptance of digital assets.
• Musk’s vocal criticism of fiat and support for Bitcoin may drive new adoption and investment inflows.
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💬 What Do You Think?
🔘 Will the America Party’s embrace of Bitcoin help legitimize crypto politically?
🔘 Or will Republican and corporate backlash dampen the impact?