As details of his new political enterprise are beginning to appear, Elon Musk confirmed that the “American party” will encompass Bitcoin, a move that consolidates the opposition of the party and technological identity. The richest man in the world has made the revelation on his social media, X, signaling a possible new limit for cryptocurrency in US policy.
The exchange deployed after Musk placed its new party as a home for centrists and voters disappointed with the traditional two -party system. “Somehow being a centrist is now considered radical, Batshit a crazy idea,” posted one X -user on July 6 “How did we get here?”
Musk replied simply, “The American party is the solution.”
This prompted another user’s direct question: “@elonmusk, will the American party embrace bitcoin?”
Musk’s four-word response was definitely: “Fiat is hopeless, so yes.”
Fiat is desperate, so yes
– Elon Musk (@elonmusk) 7 July 2025
His response, while short, speaks volumes. By stating of Fiat government issued currency as the US dollar, which is not supported by physical commodity-as “desperate”, Musk aligns its political movement with the core philosophy of many cryptocurrencies, which see digital currencies as a necessary check of government monetary policy and inflation.
While the Te Technika Mogu did not specify how his party will integrate Bitcoin, the most immediate application would be to accept political contributions in cryptocurrency. Under the guidelines of the Federal Election Commission (FEC), Political Committees may receive Bitcoin and other Cryptocurrencies as “In-good” contributionswhich are valued at their market price at the time of a gift.
This move is a natural fitness for Musk, whose influence in the crypto space is undeniable. Its electric vehicle company, Tesla, remains a significant corporate owner of Bitcoin, with its 11.509 BTC currently estimated at about $ 1.25 billion, according to Bitcoin treasures. Although Tesla briefly accepted bitcoin for vehicles in 2021 before stopping the practice due to environmental concerns, the company’s considerable crypto treasury signals a long -term belief in its value.
Beyond Bitcoin, Musk is famous the greatest influencer of the self-inspired cryptocurrency Dogecoin. Dogecoin’s price often reacts dramatically to its posts, showing its powerful impact on the volatile crypto markets.
Musk’s announcement adds another layer of plot to his fleeing political party. Many questions still surround the “American party”, whether the controversial billionaire will complete the formal administrative procedures to which candidates in the mid -elections of 2026.
