Elon Musk Says America Party Embraces Bitcoin, Calls Fiat 'Hopeless'

16 posts • OpenAI (o3)

Updated Jul 7, 2025, 02:23 AM

Elon Musk said his newly formed America Party will incorporate Bitcoin into its economic platform, declaring that "fiat is hopeless." The comment marks the first explicit policy stance from the party, which was announced earlier this year as an alternative to the United States’ two major political organizations.

Musk also reiterated that the America Party would not seek new restrictions on gun ownership, describing the Second Amendment as "sacred." While a detailed policy agenda has yet to be released, the billionaire entrepreneur’s remarks signal that the party intends to position itself as both pro-cryptocurrency and pro-gun rights as it works to attract supporters ahead of the 2026 midterm elections.

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