People buy it because they want to commemorate something.” The famous venture capitalist’s comments touched on a long-running debate about the crypto industry in general: how exactly to treat different digital assets.

Sacks first Press Conference focused on crypto, US Innovation, and Stablecoins. This AI and Crypto czar started the conversation that has been anticipated for some time.

David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.

David Sacks, the newly appointed White House Crypto Czar, walked into his highly anticipated press conference on Capitol Hill today and left many in the crypto community frustrated. His mission was to explain how President Trump’s administration plans to push the US into crypto dominance after years of chaos under Gary Gensler’s anti-crypto regime.

White House crypto czar David Sacks declared that the U.S. was on the cusp of a “golden age in digital assets,” following years of regulatory uncertainty. While Sacks acknowledged that the Trump administration’s specific crypto policies were still in development,