Elon Musk Asserts Fiat Is ‘Hopeless’, Confirms His New America Party Will Embrace Bitcoin
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Elon Musk's America Party and Bitcoin: Elon Musk announced the formation of the 'America Party', a pro-tech centrist party that will accept Bitcoin, following his fallout with Donald Trump over the controversial 'Big Beautiful Bill' which he criticized for its potential economic harm.
Musk's Crypto Holdings and Influence: Musk's companies, Tesla and SpaceX, hold significant amounts of Bitcoin, with Tesla owning 11,509 BTC valued at approximately $1.2 billion, and he has been a prominent supporter of Dogecoin, significantly impacting its market value through his public endorsements.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
