The first "AI and Cryptocurrency Czar" of the United States has arrived!

Wallstreetcn
2024.12.06 13:56
portai
I'm PortAI, I can summarize articles.

On December 6th, local time, U.S. President-elect Donald Trump announced the appointment of prominent venture capitalist David O. Sacks as the head of AI and cryptocurrency affairs at the White House. Sacks has long been an investor and advocate for cryptocurrency, and in his view, the Federal Reserve's endless money printing poses a significant risk of devaluation for the U.S. dollar, while Bitcoin has the potential to become a de facto world reserve currency

On December 6th, local time, U.S. President-elect Donald Trump announced the appointment of well-known venture capitalist David O. Sacks as the head of AI and cryptocurrency affairs at the White House.

Sacks has long been an investor and advocate for cryptocurrency. In his view, the Federal Reserve's endless money printing poses a significant risk of devaluation for the U.S. dollar, while Bitcoin has the potential to become a non-fiat world reserve currency

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.