Elon Musk's newly launched "America Party" will embrace Bitcoin, the billionaire tech mogul confirmed. On July 6, an X user with the handle @RenatoLima_X asked Musk if America Party will embrace Bitcoin, to which the billionaire responded, "Fiat is hopeless, so yes." Earlier, Musk hinted at stacking Bitcoin by liking a comment on X. Reactions from the crypto community poured in as soon as Musk dropped the breaking announcement. Crypto entrepreneur Brandon Turp called Musk "King" in appreciation of the latest move. Ben Pham, CFO at Bitcoin-focused fund management firm Strive Funds, commented, "Save in Bitcoin, ... (full story)