Donald Trump names David Sacks "White House AI and crypto czar"

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In brief: President-elect Donald Trump has announced a new position – "White House AI and crypto czar" – and tapped longtime ally David Sacks to fill the role. Sacks will guide policy for the administration on artificial intelligence and cryptocurrency, which Trump described as "two areas critical to the future of American competitiveness."

The primary mandate of the new position will be to help craft policies and regulations for AI and crypto. Trump noted that part of the new position's responsibilities will be protecting free online speech and preventing Big Tech bias and censorship.

One of President Trump's campaign promises was to reduce red tape for the crypto industry. Sacks will play a key role in developing the legal framework to provide the clarity the crypto industry has been asking for, allowing it to thrive in the US.

Additionally, Sacks will help steer federal priorities and regulations in AI. Having a plan on how the government handles AI policy concerning national security, privacy, and workforce implications is critical.

The announcement came via the Truth Social platform on Thursday. The plan is for Sacks to help make the US a worldwide leader in these rapidly evolving tech domains. Bloomberg reports that he'll serve as a conduit between the White House, Congress, and federal agencies overseeing digital assets, like the SEC and CFTC.

Sacks is a Silicon Valley figure and venture capitalist who was part of the original "PayPal Mafia" crew in the 1990s, working as the payments pioneer's COO under founders like Elon Musk. He later started his own VC firm, Craft Ventures, in 2017.

Sacks was one of the Trump campaign's most prominent supporters. He held fundraisers and hosted a pricey event at his San Francisco home in June, with an admission price of $300k a head to raise money for the Trump camp.

Trump was also quite bullish on crypto during his campaign, speaking at Bitcoin conferences, taking crypto donations, and meeting with leaders of mining firms and exchanges. Putting a vocal proponent like Sacks in charge of his crypto agenda is an unmistakable signal of how serious he is about the space.

The newfound obsession comes as a change of heart for Trump from his previous term when he clarified that he was "not a fan" of crypto. In 2019, he posted a series of tweets criticizing Bitcoin and other cryptocurrencies.

President Trump expects Sacks to work closely with Musk, one of Trump's highest-profile supporters. His connections to the billionaire run deep as he has invested heavily in SpaceX.

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Good. Crypto has been a dirty word in Washington for too long. The haters will seethe, but, they’re just jealous their side didn’t do it first.

Remember when Presidents needed to divest , or let others manage portfolio with not knowing what stocks it held . How F N quaint

The Grifting will be the bestest evah

If you do it ALL in the OPEN, how can it be wrong, gaslighting on a Maga level

I’d be embarrassed to have supported a candidate whose campaign went into debt despite a $1.5 Billion purse (4x the other side), and spent millions on celebrity endorsements (nothing corrupt or elitist here folks, just your contributions hard at work!) and still lost. Oops.
 
Good. Crypto has been a dirty word in Washington for too long. The haters will seethe, but, they’re just jealous their side didn’t do it first.



I’d be embarrassed to have supported a candidate whose campaign went into debt despite a $1.5 Billion purse (4x the other side), and spent millions on celebrity endorsements (nothing corrupt or elitist here folks, just your contributions hard at work!) and still lost. Oops.

Got the wrong person - Don't give a F about Democrats , and you feeling embarrassed if you supported them is weird as. I don't get embarrassed that easy.
Weird have americans couch their support in terms of people - Like people support Biden or Trump no matter what they do , or flip flop. when I vote I vote for their policies and perceived
ability to implement them. I hate cults , adulation cults that are rife in the USA
Yes I do consider integrity , whether a rapist, a thief , hangs out with naked teens etc and best friends of Epstein for 15 years
I've always said The USA is is like a banana republic

As for seethe and jealousy- maybe those things are yours and projecting when you are on other side
I've always claimed BTC is an easy well to make money- as The Whales control the rollercoaster . Also stated not for me, have had lots of opportunities in my life to make "easy" money, that I didn't take , because doesn't sit right with me.
Same as just because you can, does mean you should
I have enough money , not to compromise myself.
Likewise I don't exploit people just because I can. I live for myself and my happiness
 
David Sacks is a very public person, he is one of the hosts of the All-In Podcast, which is a really popular business podcast: https://www.youtube.com/@allin

So if you want to hear what he thinks, that's one of the best ways to do it. Recently they've had guests like Mark Cuban, Donald Trump, Sam Altman, and Sheryl Sandberg.

So says the AI chat bot seen on other forums posting the same thing in the same cadence and structure ...
 
Crypto lovers thinking that the rich are supporting crypto now.
Hilarious.

Elon musk helped with the GameStop BS right. Rich people talking crap making money from nothing? But someone would have taken a hit right?

Crypto like most things of late, comes from a very dark place. They wanted rid but they didn't realise how much people wouldn't let this dog lie.
So they got in bed with the horses head, and decided to not just befriend it, but absorb it, because whales control it. And so you made the whales more Whaley. Yet no one finds it fishy.
You have just given them more control, when it was meant to be something they had nothing to do with. I must have misunderstood.

Money capitalism and greed will kill you all off at this rate
 
Got the wrong person - Don't give a F about Democrats , and you feeling embarrassed if you supported them is weird as. I don't get embarrassed that easy.
Weird have americans couch their support in terms of people - Like people support Biden or Trump no matter what they do , or flip flop. when I vote I vote for their policies and perceived
ability to implement them. I hate cults , adulation cults that are rife in the USA
Yes I do consider integrity , whether a rapist, a thief , hangs out with naked teens etc and best friends of Epstein for 15 years
I've always said The USA is is like a banana republic

As for seethe and jealousy- maybe those things are yours and projecting when you are on other side
I've always claimed BTC is an easy well to make money- as The Whales control the rollercoaster . Also stated not for me, have had lots of opportunities in my life to make "easy" money, that I didn't take , because doesn't sit right with me.
Same as just because you can, does mean you should
I have enough money , not to compromise myself.
Likewise I don't exploit people just because I can. I live for myself and my happiness
you need to travel a bit more to really know what a banana republic is, no offense.
 
you need to travel a bit more to really know what a banana republic is, no offense.

I'm comparing to the rest of Western Democracy, not the many countries I have travelled in -over 12 years of travelling the world

When I was in Washington DC in 1988, even then was amazed how many lobbyist in your Capital.
It was blatantly obvious corporate interests how way more power than USA citizens

mega corps are rarely punished the way individuals are , they have caused millions of deaths or shorter lives in The USA - see latest Health Insurance deny .... , See Sacklers, environment pollution , safety etc . Overseas USA corps kill with impunity local people , tbf nearly all mega corps do this , F Nestle

Show me another Western Democracy where the likes of Senators openly take bribes, Trump demanded billions of dollars from Corps - they will be rewarded and punished accordingly

Your Supreme court is a joke - so Partisan is not funny . Higher courts in real democracies take great pride in being independent - Not in the USA - free luxury holidays , free loans, never to be repaid , many not reported , no come back

Look at voter suppression , look at extreme cases of gerrymandering where areas on a map don't even touch each other, That is big banana right there

Add in you have the poorest democratic system in the world , votes are not equal , dominated by 2 corporate controlled parties - eg College system.

In my country and many others nearly everyone has a voice

Your POTUS has Executive like powers in the extreme - I know of no where else in western democracy this is the case, the Supreme court has ruled that the POTUS can kill opposition , media , judges anyway with no crime , without impunity from prosecution. At most can be impeached if that would happen under partisan congress/senate
You bases your declaration of an english guy - you broke free from England because of founding fathers debts and obligations, and desire to pirate european patents and copyright USA sanctimoniously whines about now - when you were built on stealing. yet here you are with a King

As for my rights in The USA as an alien ( yes that's what you call us ) - you don't even afford us all the protections as laid out by The UN let alone your constitution

Americans don't take criticism well and rejoice is less worker protection , easy to lose job , medical care , only 2 weeks mandatory holidays , often date set by corporate overlords
With the least trained police force in western world by far, not even close, military rejects can make it in, To enforce the ruling classes wishes

I'm a Kiwi if you want to compare to our democracy . MMP a multi party system where any part of population with 5% gets a voice

Await your rebuttal
 
So says the AI chat bot seen on other forums posting the same thing in the same cadence and structure ...
I’m not an AI, I only wrote about this here, you can check my comment history to see I have unique thoughts (in fact I have a longer comment history than you), and there are plenty of people here I can name myself from offhand memory like Captain Cranky and m4a4.

The only reason I brought it up was because it wasn’t mentioned at all in the article and it seems pretty relevant. I always try to add context to an article if I feel something’s amiss lol. And I’m a listener of the all-in podcast.

But if you want dude, I’m happy to join a voice call with you in the unofficial discord server for TechSpot. I’ve been in there for years.
 
Who was that? No one of any consequence to the left or he would be alive. So if you are a leftist using him to make some obscure point it's a fail. If you are an honest MAGA tell me and I will look into it
Epstein and now Diddy co consiprators were used to honeypot and blackmail them to support the status quo. Anyone that doesn't fall in line via donations and support is a pedophile. Rinse repeat. We have trolls to remind us just in case we forget.
 
Epstein and now Diddy co consiprators were used to honeypot and blackmail them to support the status quo. Anyone that doesn't fall in line via donations and support is a pedophile. Rinse repeat. We have trolls to remind us just in case we forget.
I am aware of that and Thank you for the reply. I'm was axing what's his name to clarify which he hasn't yet.
 
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