{"id":35459,"date":"2025-07-07T08:17:30","date_gmt":"2025-07-07T08:17:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35459"},"modified":"2025-07-07T08:17:30","modified_gmt":"2025-07-07T08:17:30","slug":"bitcoin-to-anchor-america-party-fiat-is-hopeless-says-elon-musk","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35459","title":{"rendered":"Bitcoin To Anchor America Party\u2014\u2019Fiat Is Hopeless,\u2019 Says Elon Musk"},"content":{"rendered":"
\n

Five hours after declaring on X that \u201cThe America Party is the solution,\u201d Elon Musk faced a follower\u2019s blunt question: would his just-minted political vehicle back Bitcoin? Musk\u2019s answer<\/a> landed three hours later and rocketed across crypto Twitter in seconds: \u201cFiat is hopeless, so yes.\u201d<\/p>\n

Musk Pitches Bitcoin As Pillar Of America Party<\/h2>\n

Musk\u2019s brief exchange with Brazilian Bitcoiner Renato Lima crystallized two currents that had been converging for days: the billionaire\u2019s split from President Donald Trump over the deficit-ballooning \u201cBig Beautiful Bill<\/a>\u201d and BTC as an answer to the endless money printing in the fiat money system. The Tesla and SpaceX chief had formally unveiled the America Party on July 5, insisting a third force could win a handful of razor-thin House and Senate races and hold the balance of power in Washington.<\/p>\n

In the same July 4\u20135 burst of posts, Musk polled 1.25 million X users on whether they wanted \u201cindependence from the two-party system\u201d; roughly 65 percent clicked Yes. Trump\u2019s rejoinder\u2014calling Musk \u201coff the rails\u201d and a \u201ctrain wreck\u201d who was angry about lost EV subsidies\u2014only hardened the billionaire\u2019s stance.<\/p>\n

Bitcoiners seized the moment. An account styling itself \u201cAmerica Party\u201d replied to Michael Saylor<\/a>\u2019s ubiquitous BTC-treasury tracker with the slogan, \u201cSome weeks you HODL. Some decades, you need a new political party.\u201d The line went viral, but fact-checkers and community notes quickly flagged the handle as unaffiliated with Musk, underscoring how little formal infrastructure the nascent party actually possesses at the moment.<\/p>\n

Still, Musk\u2019s own imprimatur carried more weight than any sock-puppet. Within minutes of the \u201cFiat is hopeless\u201d tweet, amplification from large crypto accounts pushed impressions past several million, while Bitcoin spiked just above $109,000.<\/p>\n

The billionaire\u2019s corporate history lends credibility to his promise. Tesla first added Bitcoin to its treasury in February 2021 and, despite later net sales, still holds<\/a> roughly 11,509 BTC. Musk also enabled (then suspended) Bitcoin payments for Tesla vehicles, citing energy concerns. His new political venture therefore inherits both a reputational stake in the asset and a well-documented willingness to defy orthodoxy\u2014traits that resonate with Bitcoin\u2019s hard-money ethos.<\/p>\n

Policy ramifications, however, remain cloudy. The America Party has no platform beyond Musk\u2019s tweets, no officers, and no fundraising committees registered with the Federal Election Commission. Even so, its founder\u2019s pledge to target swing districts means crypto regulation could surface as a wedge issue.<\/p>\n

The prospect of another pro-Bitcoin party confronts Donald Trump with an awkward electoral calculus just as his footing in the tech world erodes. Single-issue Bitcoin and crypto voters\u2014crucial to his 2024 win\u2014now see a new banner whose libertarian accents echo their own. Should Musk field candidates in 2026, he could siphon off the very bloc of tech-savvy, anti-establishment voters that buttressed Trump, tipping razor-thin districts and undercutting the president\u2019s power.<\/p>\n

At press time, BTC traded at $109,086.<\/p>\n

\"Bitcoin<\/div>\n","protected":false},"excerpt":{"rendered":"

Five hours after declaring on X that \u201cThe America Party is the solution,\u201d Elon Musk faced a follower\u2019s blunt question: would his just-minted political vehicle back Bitcoin? Musk\u2019s answer landed three hours later and rocketed across crypto Twitter in seconds: \u201cFiat is hopeless, so yes.\u201d Musk Pitches Bitcoin As Pillar Of America Party Musk\u2019s brief […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35459","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35459"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35459\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}