<ul data-eligibleForWebStory="false"><li>Elon Musk confirmed that his new America Party will accept Bitcoin, calling fiat 'hopeless'.</li><li>The America Party was formed after a public rift between Musk and Donald Trump over the 'Big Beautiful Bill'.</li><li>Musk's relationship with cryptocurrencies is well-documented, with Tesla holding a significant amount of Bitcoin.</li><li>Bitcoin OG Adam Back suggested that Musk should buy more Bitcoin to counter the US government and Trump family, as Musk's current allocation is relatively low.</li></ul>

Elon Musk Asserts Fiat Is ‘Hopeless’, Confirms His New America Party Will Embrace Bitcoin

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