{"id":5330,"date":"2025-11-03T21:16:29","date_gmt":"2025-11-03T21:16:29","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/03\/trumps-crypto-czar-david-sacks-calls-crypto-the-industry-of-the-future\/"},"modified":"2025-11-03T21:16:29","modified_gmt":"2025-11-03T21:16:29","slug":"trumps-crypto-czar-david-sacks-calls-crypto-the-industry-of-the-future","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/03\/trumps-crypto-czar-david-sacks-calls-crypto-the-industry-of-the-future\/","title":{"rendered":"Trump\u2019s Crypto Czar David Sacks Calls Crypto the \u201cIndustry of the Future\u201d"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Trump\u2019s Crypto Czar David Sacks Calls Crypto the \u201cIndustry of the Future\u201d<\/a><\/p>\n

<\/div>\n

President Trump\u2019s Crypto and AI Czar, David Sacks<\/a>, is making a bold case for America to reclaim leadership in digital innovation \u2014 calling crypto \u201cthe industry of the future.\u201d<\/p>\n

Speaking alongside a16z co-founders Marc Andreessen and Ben Horowitz, as well as entrepreneur Erik Torenberg, Sacks emphasized that the U.S. needs clear regulatory standards to keep crypto innovation onshore.\u00a0<\/p>\n

He criticized the Biden administration\u2019s \u201cregulation by enforcement\u201d approach, arguing that under SEC Chair Gary Gensler, crypto entrepreneurs were prosecuted instead of given clear rules to follow.<\/p>\n

\u201cAll the entrepreneurs I\u2019ve talked to over the years say the same thing \u2014 just tell us what the rules are,\u201d Sacks said. \u201cDuring the Biden years, you had an SEC chairman who took an approach, which I guess has been called regulation through enforcement, which basically means you just get prosecuted. \u201d<\/p>\n

\n

JUST IN: President Trump’s Crypto Czar says that crypto is the “industry of the future.” pic.twitter.com\/flFkgxSwsC<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) November 3, 2025<\/a>\n<\/p><\/div>\n

United States as the crypto capital of the planet<\/h2>\n

Sacks said President Trump\u2019s campaign pledge to make the U.S. \u201cthe crypto capital of the planet\u201d and to fire Gensler resonated strongly with voters.<\/p>\n

\u201cHe\u2019s talked about how surprised he was at the big ovation he got at that,\u201d Sacks noted, underscoring the growing political weight of crypto policy.<\/p>\n

Under the Trump administration, Sacks said the goal will be to establish regulatory clarity<\/a> that protects consumers while fostering innovation and competitiveness.<\/p>\n

\u201cProviding certainty means entrepreneurs can build here in America,\u201d he added.<\/p>\n

Last night on 60 Minutes, President Trump reinforced<\/a> his support for crypto in the United States, saying \u201cI only care about one thing: will we be number one in crypto.\u201d\u00a0<\/p>\n

The discussion also touched on AI competition with China, the need for a federal crypto framework, and the role of abundant energy in powering future technologies.\u00a0<\/p>\n

Sacks positioned both crypto and AI as twin pillars of America\u2019s technological leadership \u2014 sectors that, in his view, will define the next decade of global economic growth.<\/p>\n

Last December, President Trump appointed David Sacks as the White House AI and Crypto Czar to shape policy in both sectors.<\/p>\n

In his part-time role, Sacks was tasked to promote a pro-innovation, deregulatory approach to AI and develop a clear legal framework for the cryptocurrency industry.\u00a0<\/p>\n

Sacks was instrumental in crafting the U.S. Strategic Bitcoin Reserve<\/a>. He pushed and clarified that the new federal Bitcoin reserve to be funded using BTC already owned by the U.S. government through asset forfeitures \u2014 meaning no taxpayer cost.\u00a0<\/p>\n

Sacks said the government will hold, not sell, these assets, describing the reserve as a \u201cdigital Fort Knox.\u201d<\/p>\n

He added that the policy aims to prevent past mistakes where premature Bitcoin sales cost taxpayers over $17 billion in unrealized gains.<\/p>\n

This post Trump\u2019s Crypto Czar David Sacks Calls Crypto the \u201cIndustry of the Future\u201d<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Trump\u2019s Crypto Czar David Sacks Calls Crypto the \u201cIndustry of the Future\u201d President Trump\u2019s Crypto and AI Czar, David Sacks, is making a bold case for America to reclaim leadership in digital innovation \u2014 calling crypto \u201cthe industry of the future.\u201d Speaking alongside a16z co-founders Marc Andreessen and Ben Horowitz, as well as […]<\/p>\n","protected":false},"author":0,"featured_media":5331,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5330","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5330"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5331"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}