"Initial reactions from the crypto industry on the Sacks appointment has been positive. Given his purview as a venture capitalist, he's seen a lot of the innovation in crypto and AI that has been stunted in growth due to various political or regulatory issues the past few years."
"There is no better person than David Sacks to help steer the future of crypto and AI innovation in America," says John Robert Reed, partner at crypto-focused VC firm Multicoin Capital.
"At long last, a rational conversation about crypto can be had," wrote Gemini chief legal officer Tyler Meader, reflecting the optimism surrounding the new czar.
"The two areas [AI and crypto] were critical to the future of American competitiveness," Trump stated in his announcement about Sacks' appointed position.
Collection
[
|
...
]