Elon Musk Embraces Bitcoin for His Newly Formed ‘America Party’
- Musk has discredited fiat currencies for not providing hope to the people compared to Bitcoin.
- Both Tesla and SpaceX have held Bitcoin in their balance sheet for the past years.
- BTC price has signaled an early attempt to enter its parabolic phase of the 2025 rally.
After announcing the formation of a new “America Party” to rival the dominance of the Republican and Democratic parties, Elon Musk has announced the adoption of Bitcoin (BTC). Musk was replying to X user Renato Lima, who had asked whether his ‘America Party’ would embrace Bitcoin as a hedge against inflation.
The tech billionaire highlighted that “fiat is hopeless” for the people, thus signaling the importance of BTC in the human financial freedom struggle. Michael Saylor, Chairman at Strategy Inc., presented a similar approach, thinking that Bitcoin is hope for all people.
“Lima: Will the American Party Embrace Bitcoin?
Musk: Fiat if hopeless, so yes”
Musk Remains Committed to Long-Term Growth for Bitcoin
For the past years, Musk has remained a key opinion leader within the cryptocurrency industry. During the 2021 crypto bull market, Musk’s involvement was evident t…
The post Elon Musk Embraces Bitcoin for His Newly Formed ‘America Party’ appeared first on Coin Edition.
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Bitcoin (BTC) Price Prediction for July 23
Elon Musk Embraces Bitcoin for His Newly Formed ‘America Party’
- Musk has discredited fiat currencies for not providing hope to the people compared to Bitcoin.
- Both Tesla and SpaceX have held Bitcoin in their balance sheet for the past years.
- BTC price has signaled an early attempt to enter its parabolic phase of the 2025 rally.
After announcing the formation of a new “America Party” to rival the dominance of the Republican and Democratic parties, Elon Musk has announced the adoption of Bitcoin (BTC). Musk was replying to X user Renato Lima, who had asked whether his ‘America Party’ would embrace Bitcoin as a hedge against inflation.
The tech billionaire highlighted that “fiat is hopeless” for the people, thus signaling the importance of BTC in the human financial freedom struggle. Michael Saylor, Chairman at Strategy Inc., presented a similar approach, thinking that Bitcoin is hope for all people.
“Lima: Will the American Party Embrace Bitcoin?
Musk: Fiat if hopeless, so yes”
Musk Remains Committed to Long-Term Growth for Bitcoin
For the past years, Musk has remained a key opinion leader within the cryptocurrency industry. During the 2021 crypto bull market, Musk’s involvement was evident t…
The post Elon Musk Embraces Bitcoin for His Newly Formed ‘America Party’ appeared first on Coin Edition.
Read More