Elon Musk is facing calls to invest $100 billion in Bitcoin, a move that could significantly weaken the US dollar. This follows his criticism of US fiscal policies and tax burdens, particularly from the recent House tax bill estimated to increase deficits over ten years. Some suggest this action would counter the increasing federal deficit by purchasing Bitcoin, potentially diminishing the dollar’s global standing. 100 billion dollars worth of Bitcoin, a move that could remove over 5% of all existing Bitcoin from trading exchanges, would impact supply and likely trigger a sharp price surge in Bitcoin. This significant purchase could further shift market perceptions of Bitcoin as an asset, encouraging corporations and investors to see it more favorably. Crypto analysts are divided on Musk’s potential action. Some believe this move aligns with his interests, but others express skepticism about its substantial impact on Tesla’s holdings. Samson Mow, another crypto figure, urged Musk to make a full commitment to Bitcoin. He suggested using Bitcoin for payments and SpaceX rocket launches as well. If Musk were to follow through, it could further erode trust in the US dollar, already facing concerns over mounting deficits.