Elon Musk Backs Bitcoin Revolution: “Fiat Currency Is Hopeless”
Musk stated the America Party is essential to combat the Republican/Democrat uniparty on July 7.
Musk announced the America Party after his dispute with Trump.
Elon Musk announced the America Party on July 5 after US President Donald Trump signed the “Big Beautiful Bill” on July 4. Musk said the new party would back Bitcoin because “fiat is hopeless.”
The America Party Backs Bitcoin
Musk said on X on July 7 that the America Party is the answer, re-posting E/Acc founder's comment that centrism is now a radical, “batshit crazy idea.”
Musk said that “fiat is hopeless, so yes.” for the new party's Bitcoin adoption.
Musk posted on X again today, July 7, arguing that the America Party is essential to battle the Republican/Democrat Uniparty and that US debt has always increased.
Musk said that US debt exceeded $30 trillion between 1981 and 2023.
BBC research shows the US debt exceeds $37 trillion.
Musk’s America Party
On July 5, Musk launched the America Party, a third political party to “End the Uniparty” after Trump signed the Big Beautiful Law on July 4.
Apparently, the America Party program will:
Reduce debt, enabling only reasonable expenditure
Update the military using AI and robots
Be pro-tech and advance AI.
Reduce regulation, particularly energy
Pro-free speech, pro-natalist
Provide centrist policies
Musk's third political party concept follows Trump's "Big Beautiful Bill," which Musk thinks would add billions to the government budget. Musk and Trump's current battle began with the BBB.
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