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Today's Top Crypto Headlines:
Musk Forms ‘America Party’ | Dorsey Launches Bitchat App | Trump Slams Musk’s Party and more...
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Musk Launches ‘America Party’: Elon Musk has launched the “America Party,” vowing to embrace Bitcoin and criticizing fiat as “hopeless.”
Dorsey Debuts Offline Messenger: Jack Dorsey launched Bitchat, a decentralized Bluetooth mesh messaging app designed for use without internet.
💡Feature of the Day - Trump Blasts Musk’s Party: Donald Trump slammed Elon Musk’s America Party, calling him “off the rails” and warning it could split Republican votes.
All this and more in today’s headlines!
📰 News Highlights:
Elon Musk has launched a new political party called the "America Party" and confirmed it will embrace Bitcoin, saying “fiat is hopeless.”
Fiat is hopeless, so yes
— Elon Musk (@elonmusk)
1:11 AM • Jul 7, 2025
Musk has previously supported Bitcoin through Tesla, which still holds over 11,500 BTC in its treasury, and has occasionally backed Dogecoin as well.
The America Party is the solution
— Elon Musk (@elonmusk)
11:15 PM • Jul 6, 2025
Musk’s political move is a response to dissatisfaction with both major U.S. parties, particularly after Trump’s $3.3 trillion "One Big Beautiful Bill."
It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!!
Time for a new political party that actually cares about the people.
— Elon Musk (@elonmusk)
7:08 PM • Jun 30, 2025
Musk criticized the bill’s impact on national debt and used the backlash as momentum to launch the America Party after a poll showed strong public support.
By a factor of 2 to 1, you want a new political party and you shall have it!
When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.
Today, the America Party is formed to give you back your freedom.
— Elon Musk (@elonmusk)
7:46 PM • Jul 5, 2025
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Jack Dorsey, former Twitter CEO and current head of Block, launched the beta version of Bitchat — a decentralized messaging app that works over Bluetooth mesh networks without requiring internet access.
and here's an ugly whitepaper describing protocol:
— jack (@jack)
10:35 PM • Jul 6, 2025
Described as having “IRC vibes,” Bitchat supports encrypted, ephemeral communication and is aimed at environments with unreliable or no internet, such as protests or disaster zones.
my weekend project to learn about bluetooth mesh networks, relays and store and forward models, message encryption models, and a few other things.
bitchat: bluetooth mesh chat...IRC vibes.
TestFlight: testflight.apple.com/join/QwkyFq6z
GitHub: github.com/jackjackbits/b…— jack (@jack)
10:35 PM • Jul 6, 2025
The open-source protocol doesn’t rely on servers or user accounts and supports private and group chats via mesh networking.
This is fascinating - mesh networks are perfect for resilient communication. The store-and-forward approach reminds me of early packet radio networks.
What's particularly interesting is how this could enable truly decentralized communication during network outages or in areas
— Karim Chaanine (@BrandGrowthOS)
12:10 AM • Jul 7, 2025
Messages are encrypted, stored temporarily, and relayed automatically through nearby devices, making it resilient and censorship-resistant.
💡 Feature of the Day:
Donald Trump criticized Elon Musk’s formation of the America Party, calling him “off the rails” and warning that the move could split the Republican vote in the 2026 midterms.
Trump took to Truth Social to express concern over Musk’s growing political ambitions, which threaten to disrupt the current two-party system.
By a factor of 2 to 1, you want a new political party and you shall have it!
When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.
Today, the America Party is formed to give you back your freedom.
— Elon Musk (@elonmusk)
7:46 PM • Jul 5, 2025
Musk’s political motives are rooted in opposition to Trump’s massive spending bill, which he called a “disgusting abomination.”
This filing is false and has been reported as such to the FEC
— Elon Musk (@elonmusk)
11:55 PM • Jul 6, 2025
Musk warned that he would target lawmakers who supported the bill, aiming to unseat them through the America Party’s focused campaigns.
One way to execute on this would be to laser-focus on just 2 or 3 Senate seats and 8 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.
— Elon Musk (@elonmusk)
1:22 PM • Jul 4, 2025
His strategy involves winning key Senate and House seats to control legislative outcomes and reflect what he claims is the “true will of the people.”
😂 Crypto Meme of the Day:

Meme of the day provided by @johndweb3
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com