Venture capitalist Tim Draper told TheStreet Roundtable that Elon Musk’s surprise launch of the “America Party” could inject much-needed innovation into U.S. governance and economic policy. Speaking with host Alp Gasimov and Roundtable CEO James Heckman, Draper said Musk’s frustration with Washington’s bureaucracy was “showing through” but could also mark a turning point. “I love America because people can innovate in every way possible,” he said, calling Musk’s political move “potentially very exciting.” Draper praised the movement’s pro-Bitcoin stance—after Musk declared “fiat is hopeless,” Bitcoin briefly surged to nearly $110,000. Read more here.