He's right, you know. Fiat continues to lose value due to irresponsible practices from both the government and the central bank. The "money printer" continues to go "brrr", without any signs of stopping anytime soon. It's why many (like Elon) believe Bitcoin will ultimately render Fiat obsolete. Or at least, become a better alternative for those seeking a hedge against inflation.

Elon's new political party better embrace Bitcoin as promised. Otherwise, it will lose the votes required to make the difference on both chambers of Congress (and possibly even the White House). It's a risky move from Elon Musk, considering that most "alternative political parties" have failed in the US. The Tea Party, The Libertarian Party, etc, have all failed in gathering enough attention from voters. Would you imagine Bitcoin becoming legal tender in the US under the America Party's leadership? It would be mind-blowing. Unless, Trump and his Republican base do it first. Only time will tell...