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 over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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The a16z Show · Replay 2025: David Sacks on AI, Crypto, and America's Technology Future · 16 Jul 2026 podcast

And so things are moving in a direction that I think are very different than what they thought in, let's call it the first year after the launch of ChatGPT.

Great.

I think it's extremely important.

So as you mentioned, we passed the Genius Act a few months ago, but that was just for stablecoins.

Stablecoins are about 6% of the total market cap in terms of tokens.

So 94% are all the other types of tokens.

And the Clarity Act would apply to all of that and provide the regulatory framework for all those other crypto projects and companies.

You know, if we could be sure that, you know, currently we have a great SEC chairman, Paul Atkins, and if we could be sure that Paul Atkins and a person like Paul Atkins was always at the SEC forever, then we wouldn't necessarily need legislation because they're already in the process of implementing like much better rules and providing regulatory clarity.

But the truth is that we don't know for sure.

And if you're a founder,

who's trying to make a decision now about where you're going to build your company, you want to have certainty for 10 years out, 20 years out.

We want to encourage long-term projects.

And so, again, I think it's very important to canonize the rules that first provide the clarity and then to make sure there's enough stability around them and sort of canonize those rules in legislation.

That's the only way that you provide that long-term stability.

i think that we will get the clarity act done like you mentioned it passed the house with about 300 votes about 78 democrats so it was substantially bipartisan i think it will ultimately it's now going through the senate um i think it will ultimately get done

we're negotiating with a dozen or so Democrats.

We have to get to 60 votes.

So that's the hard part is under the filibuster, we got to get to 60.

So, but we're negotiating with about a dozen Democrats.

And I do think that we will ultimately get to that number.

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