Billionaire entrepreneur Elon Musk, CEO of Tesla and SpaceX, confirmed that his newly formed American party will adopt Bitcoin (BTC).
He also dismissed the traditional Fiat currency as “desperate.” The statement was made in response to a query on X (formerly Twitter).
The American Party of Masks to Accept Bitcoin
The announcement continues the public rift in masks with President Donald Trump over the “big beautiful bill” that prompted the creation of the American party. Musk, the leading financial advocate for Trump’s campaign, criticizes the law as economically harmful.
On the other hand, support for mask cryptography is not new. The CEO is a vocal supporter of Dogecoin (Doge), and his posts often cause Meme Coin’s price rise.
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