Elon Musk’s ‘America Party’ Declares: “Bitcoin In, Fiat Out”
koinmilyoner
Updated at: 4 hours ago
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Elon Musk said that his new political group, the "America Party," would promote Bitcoin and brand fiat money "hopeless."
Elon Musk has said that the America Party, his new political outfit, would completely back Bitcoin. When someone on social media inquired whether the party would support bitcoin, Musk said, "Fiat is hopeless, so yes."
Musk said this just after he labeled former President Donald Trump's signature of a $3.3 trillion spending deal "crazy." He said that this was a big reason why fiat money is no longer trustworthy.
Musk's new party wants to break away from the two-party system in the U.S. and concentrate on fiscal responsibility, decentralization, and innovative solutions, such supporting digital currencies like Bitcoin.
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