{"id":11712,"date":"2025-07-07T14:12:22","date_gmt":"2025-07-07T13:12:22","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=11712"},"modified":"2025-07-07T14:12:23","modified_gmt":"2025-07-07T13:12:23","slug":"elon-musk-reveals-his-political-party-will-accept-bitcoin-payments","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/elon-musk-reveals-his-political-party-will-accept-bitcoin-payments\/","title":{"rendered":"Elon Musk Reveals His Political Party Will Accept Bitcoin Payments !"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"elon-musks-america-party-embraces-bitcoin\">Elon Musk&#8217;s &#8220;America Party&#8221; Embraces Bitcoin<\/h2>\n\n\n\n<p><strong>Elon Musk<\/strong>, Tesla CEO and ardent <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin\/\">Bitcoin<\/a> advocate, has recently announced the creation of his own political party, the <strong>America Party<\/strong>. Less than a day after its launch, Musk confirmed that this new political formation <strong>would accept Bitcoin<\/strong>, describing the US dollar as &#8220;hopeless.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">JUST IN: Elon Musk said his new political party will embrace <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> \ud83d\ude4c<br><br>\u201cFiat is hopeless\u201d <a href=\"https:\/\/t.co\/LGpFEugTvs\">pic.twitter.com\/LGpFEugTvs<\/a><\/p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1942054899643998290?ref_src=twsrc%5Etfw\">July 7, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This decision comes after President Trump signed the &#8220;Big Beautiful Bill,&#8221; legislation increasing government spending and the <strong>debt ceiling by $5 trillion<\/strong>. Musk believes this <strong>irresponsible<\/strong> spending will result in higher <strong>inflation<\/strong> for American citizens and increased interest payments on debt.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Fiat is hopeless, which is why the America Party will accept Bitcoin,&#8221; Musk stated on platform X.<\/p>\n<\/blockquote>\n\n\n\n<p>Musk, who is one of the largest institutional Bitcoin holders with <strong>11,509 <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">BTC<\/a><\/strong> held by Tesla, launched his party after a poll where <strong>65.4%<\/strong> of <strong>1.2 million respondents<\/strong> voted in favor of creating a new political party. The serial entrepreneur openly criticizes US government spending, asserting that a new party is necessary to <strong>combat waste and corruption.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"strong-reactions-from-trump-and-the-us-treasury\">Strong Reactions from Trump and the US Treasury<\/h2>\n\n\n\n<p>In response, President Trump described Musk as &#8220;completely out of control&#8221; and emphasized that third parties have never succeeded in the United States. The US Treasury Secretary also advised Musk to focus on his businesses rather than politics.<\/p>\n\n\n\n<p>These developments have nevertheless had a positive impact on the Bitcoin market. The BTC price regained <strong>$109,500<\/strong> this morning, and the open interest in Bitcoin futures increased by <strong>4%<\/strong> to reach <strong>$75 billion.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">JUST IN: \ud83c\uddfa\ud83c\uddf8 Elon Musk, the world\u2019s richest man, just liked a post claiming he\u2019s secretly buying Bitcoin\u2014sparking renewed speculation across crypto markets. <a href=\"https:\/\/t.co\/6WRUJLEN3m\">pic.twitter.com\/6WRUJLEN3m<\/a><\/p>&mdash; CryptoMarketControl (@CryptoMarketCon) <a href=\"https:\/\/twitter.com\/CryptoMarketCon\/status\/1940418888120111198?ref_src=twsrc%5Etfw\">July 2, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The emergence of Elon Musk&#8217;s America Party and its open support for Bitcoin illustrates the growing intertwining of blockchain technology, <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">cryptocurrencies<\/a>, and the traditional political sphere. As Musk charts his course through the political arena, Bitcoin supporters are watching with interest <strong>the long-term implications<\/strong> of this union between technological innovation and governance.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bybit\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Sign up on Bybit here and receive $5 for free<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/exploring-the-surge-in-todays-crypto-market-whats-driving-the-growth\/\">Why is the crypto market up today ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/trump-vs-musk-the-battle-rages-on\/\">Trump vs Musk : The battle continues<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crytpo-news\/bitcoin-price-forecast-135k-summer-200k-year-end\/\">Bitcoin to $135,000 by Q3 and $200,000 before year end ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>As Elon Musk launches his US political party, he stirs controversy by claiming that Bitcoin will soon replace the &#8220;hopeless dollar.&#8221; With 65% voter support, the American Party plans to adopt the leading cryptocurrency to combat soaring inflation.<\/p>\n","protected":false},"author":32,"featured_media":11711,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"Musk","_yoast_wpseo_title":"Elon Musk Reveals Plans for Political Party to Embrace Bitcoin","_yoast_wpseo_metadesc":"Elon Musk launches America Party, embracing Bitcoin and calling the US dollar \"hopeless\". Get the latest scoop on his new political move !","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[12,10],"tags":[],"class_list":["post-11712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk Reveals Plans for Political Party to Embrace Bitcoin<\/title>\n<meta name=\"description\" content=\"Elon Musk launches America Party, embracing Bitcoin and calling the US dollar &quot;hopeless&quot;. 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