Elon Musk’s ‘America Party’ Goes All-In on Bitcoin—Declares Fiat ‘Hopeless’ in 2025 Manifesto

Elon Musk just dropped a political bombshell—and Bitcoin maximalists are cheering. His newly announced ‘America Party’ isn’t just anti-establishment; it’s anti-fiat, calling traditional currency ‘hopeless’ while embracing BTC as the future.

The Crypto Pivot

No vague promises here. Musk’s party platform explicitly backs Bitcoin—a stark contrast to his earlier meme-coin dalliances. Insiders say the move targets disillusioned voters and crypto-holding libertarians ahead of 2026 midterms.

Wall Street Rolls Its Eyes

Banking elites dismissed the manifesto as ‘performance populism’—but BTC prices ticked up 3% on the news. Because nothing screams financial revolution like a billionaire politician… unless he actually means it?

What is Elon Musk’s America Party?

Earlier this month on July 4th, Musk announced his plans to FORM the America Party. He launched a poll on X asking whether he should create an independent party to challenge the current two-party system in the U.S. The poll received over 1.2 million votes, with 65.4% voting YES to the America party.

“Independence Day is the perfect time to ask if you want independence from the two-party (some WOULD say uniparty) system!” said Musk in his post.

Although the party itself has yet to be fully realized, Musk has stated that the way to carry out an independent party would be to secure two to three Senate sears and around eight to 10 House districts.

“Given the razor-thin legislative margins, that would be enough to serve as the deciding vote on contentious laws, ensuring that they serve the true will of the people,” continued Musk.

Earlier this year, Elon Musk and President Donald Trump had a falling out which resulted in a big political blowout between the two men who were once political allies. In June, Musk called Trump’s $3.4 trillion Big, Beautiful Bill a “disgusting abomination” and accused Republican lawmakers of fiscal dishonesty.

The Big Beautiful Bill is a massive spending and tax bill that includes signature policies of President Trump’s second-term. The bill passed with a House vote of 218 to 214. It includes several items including an extension of the 2017 tax cuts, cuts to health care and food programs, as well as other tax cuts and breaks.