Big political and crypto news 🇺🇸🪙
Elon Musk just announced that his America Party will officially support Bitcoin! Speaking during a live convo on X, Musk doubled down on his belief that fiat currency is “futile” and praised Bitcoin as the future of finance.
This isn’t Musk’s first crypto play — Tesla holds Bitcoin too, though they paused BTC payments back in 2021 over environmental concerns. Now, with Bitcoin mining reaching sustainable energy benchmarks, will Tesla resume BTC payments soon? 👀
Not everyone’s convinced. Bitcoin researcher Daniel Batten suspects it might be political opportunism. Still, many in the crypto space see this as a bold move to appeal to a younger, decentralized-minded generation.
On top of that — Musk’s rift with Trump is heating up, making America Party’s crypto-forward stance even more disruptive in Washington.
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