David Sacks
speaker
690 appearances
1 recordings
1 series
first heard Jul 2026
last heard 16 Jul
David Sacks’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
So that was the approach for several years.
And as a result of that, basically, the whole crypto industry was in the process of moving offshore.
And America, I think, was being deprived of this industry of the future.
And so President Trump, during his campaign last year, he gave a now-famous speech in Nashville in which he declared that he would make the United States the crypto capital of the planet and that he would fire Gensler.
That was like the big applause line.
He's talked about how surprised he was at what a big ovation he got at that.
So he said it again and the crowd erupted again.
But in any event, he promised basically to provide this clarity so that the industry would understand what the rules are, be able to comply.
In turn, that should provide greater protection for consumers and businesses, everyone who's part of the ecosystem.
And it makes America more competitive.
So I think that's the mandate on crypto is, in a way, it's pro-regulation.
It's basically, we want to put in place regulations.
In a way, AI is kind of the opposite, where I think the Biden administration was too heavy-handed.
They were starting to really regulate this area without even understanding what it was.
No one had really taken the time to understand how AI was even being used, what the real dangers were.
There was this intense fear-mongering.
And as a result of that,
The approach of the Biden administration was they were in the process of implementing very heavy-handed regulations on both the software and hardware side, and we can drill into that.
I think that with the Trump administration, the approach has been that we want the United States to win the AI race.
It's a global competition.
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