Elon Musk’s America Party Backs Bitcoin, Challenges Trump

America Party Sparks Debate With Pro-Bitcoin Stand and Anti-Fiat Push

Elon Musk has officially introduced his new political group, the America Party. This move came right after he ran a massive poll on X, where over 1.2 million people voted. Most said they’re ready for a new political option. He says that response shows Americans want real change.

Source: America Party X Handle 

Elon Musk Says "Fiat Is Hopeless"

One of its key beliefs is support for Bitcoin. When asked on social media if crypto would be part of his party’s plan, Elon didn’t hesitate, he made it clear that digital money is the future, and that government-issued currency has lost its value. 

Source: Bitcoin Magazine X Handle 

This aligns with the previous Tweet of Robert Kiyosaki, where he claimed, people should focus on buying gold, silver, and Bitcoin instead of trusting paper money or government-backed investments. 

He warned that even ETFs, which many consider safe, are losing their real value. According to Kiyosaki, central banks are turning away from U.S. bonds and buying gold, another sign of trouble for the dollar.

Why Musk Formed the America Party?

He explained that the two main political parties in the U.S. no longer serve the people. He feels both sides are spending too much, wasting money, and ignoring regular citizens. He believes the system is broken and that voters deserve something better.

The America Party, he says, will stand for freedom, less government control, and smarter financial decisions, especially when it comes to stopping inflation and protecting people’s money.

Trump Strikes Back on Social Media

Donald Trump didn’t take long to react. After Elon criticized the $4.5 trillion “Big Beautiful Bill,” which recently passed in Congress, the president pushed back online. Musk had called the bill harmful and said it would only increase national debt.

In response, Trump questioned Musk’s political ambitions and downplayed the idea of third parties, suggesting they never go far in American politics. He also hinted that Musk could end up splitting the vote on the right.

Source: The Kobeissi Letter

A Clear Crypto Vision

For years, Musk has supported digital assets like Dogecoin and Bitcoin, but now, he's linking those ideas to politics. He believes Bitcoin can give people financial independence and help limit the government’s control over money.

He argues that inflation is caused by endless printing of dollars, and that crypto offers a way to avoid that hidden cost. Elon wants the America Party to lead the fight for fairer money systems.

How the Market Is Reacting?

Since the announcement of the America Party and its strong support for Bitcoin, crypto prices, especially Bitcoin, have shown a small rise. Investors are beginning to watch this new political angle closely. BTC is now trading at $109,237 with an increase of about 1.12%, while trading volume has increased by 30.91% to reach $39.21 Billion in the last 24 hours. 

Source: CoinMarketCap

If Musk implements these concepts into actual policies, it may result in stricter regulations for crypto and more robust adoption throughout the U.S. That would be a huge victory for the digital asset community.

What’s Ahead?

So far, the America Party remains in its early days. There isn't a formal website, no list of candidates, and no complete policy platform out there. It hasn't even filed any documents with the Federal Election Commission, so technically it's not yet an official political party.

Still, the buzz around it is growing. Elon Musk’s influence, especially online, gives this step a strong launchpad. If he decides to take things further, like backing candidates, holding rallies, or building a proper campaign, it could quickly turn into something much bigger.

And if even part of his vision turns into action, both Washington and Wall Street could be in for a very different kind of future, one shaped by crypto, not just campaigns.