Musk’s Master Plan: America Party to the Moon with Bitcoin?

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Elon Musk, the CEO of Tesla and SpaceX, has announced the launch of a new political party, the America Party 🎉. And, in a shocking twist, he’s revealed that the party will support Bitcoin 💸. Because, why not? 🤷‍♂️

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Tesla’s Bitcoin Stash: 1.26 Billion Dollars and Counting

Musk has a long history with Bitcoin, and Tesla was one of the first major companies to invest in the cryptocurrency 🚀. In 2021, Tesla bought $1.5 billion worth of Bitcoin, and it’s now worth around $1.26 billion 💸.

According to Bitbo, Tesla currently holds 11,509 BTC, making it one of the top 10 publicly traded companies with the largest Bitcoin reserves 📈.

Samson Mow, the founder of Jan3, thinks that Musk’s support for Bitcoin could give him an edge in his ongoing feud with Donald Trump 🤬. Mow also suggested that Tesla should start accepting Bitcoin as payment again and that SpaceX should offer discounts for customers who pay in BTC 🚀.

.@elonmusk it’s time to go all in on #Bitcoin.@Tesla can take BTC for payments again and implement a Bitcoin Treasury Strategy.@SpaceX can give a discount on launches paid in Bitcoin.

Force a hard money standard on the money printers.

— Samson Mow (@Excellion) June 5, 2025

But Musk hasn’t always been a fan of Bitcoin. In 2021, he said that the price of Bitcoin was “too high” 📉, causing the price to drop temporarily. At the time of writing, BTC is trading at $108,913 📊.

Bitcoin as a payment tool has also been discussed in the context of space exploration 🚀. In 2024, Musk initially rejected the idea of using Bitcoin for payments on Mars, but later suggested that a localized Lightning Network could solve the problem of slow transactions ⚡️.

Source: coinmarketcap.com

The Beef Between Elon Musk and Donald Trump

The relationship between Musk and Trump has been strained since Trump’s proposal for a new law, the One Big Beautiful Bill (OBBB) 📜. Musk called the bill “destructive” and warned that it could lead to massive job losses and strategic damage to the US 🚨.

The law is estimated to increase the US national debt by $3.3 trillion over the next decade 📊. Musk questioned the logic behind Trump’s proposal, asking why he would create an initiative to reduce the national debt while planning to increase it by trillions 🤔.

Musk then hinted that the US needs a new political party that will “truly stand for the people” 🤝.

The Birth of the America Party

And so, the America Party was born 🎉. Musk announced the launch of the party after a poll on social media platform X, where over 1.24 million people voted 🗳️. Almost two-thirds of the voters supported the creation of a new party 📊.

Trump responded critically, warning that Musk’s new party could divide Republican voters in the 2026 congressional elections 🚨.

The America Party is the solution

— Elon Musk (@elonmusk) July 6, 2025

The topic raises questions about cryptocurrency adoption in politics, the tense relationships between tech leaders and traditional politicians, and the long-term role of Bitcoin in the global economy 🤔.

It also signals the growth of tech-oriented politics, where digital currencies and decentralized finance play an increasingly important role 🚀.

But is Bitcoin ready to adapt to the demands of the modern world? 🤔 As the oldest network, Bitcoin’s blockchain wasn’t designed for fast transactions ⏱️. Moreover, the costs associated with running the network are significantly higher than those of other networks 💸.

Bitcoin Hyper: A New Scaling Solution

The development team behind Bitcoin Hyper is working on a new scaling solution, the first L2 solution built on the Solana Virtual Machine (SVM) architecture with support for smart contracts 🤖.

While the Bitcoin network currently processes only 7 transactions per second, SVM will enable the processing of several thousand transactions per second ⚡️. Additionally, the use of a canonical bridge will allow for fast and secure transfers of BTC between the original network and the new layer 🔒.

Source: bitcoinhyper.com

Thanks to Bitcoin Hyper, users will be able to use BTC in DeFi, staking, and decentralized applications with almost zero fees and instant processing ⏱️. The new architecture also has a significantly lower energy consumption than the original Bitcoin network 🌟.

The entire ecosystem is powered by the native token HYPER, which serves not only as a payment token but also as a source of passive income for long-term holders 💸. The token is currently in the pre-sale stage, offering APY rewards of up to 387% for staking 📈.

At the time of writing, the pre-sale price of the HYPER token is $0.012175 📊. According to investment interest and predictions, HYPER has been ranked among the top cryptocurrencies to buy in 2025 🚀.

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Source: token6900.com

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2025-07-08 15:37