Sacks also highlighted Bitcoin’s portability as a major feature of the crypto that makes it an attractive option during social turmoil.
David Sacks was recently appointed by President-elect Trump as his top AI and cryptocurrency advisor. The new “Crypto Czar” is not only pro-crypto, and a seasoned technologist, but has also hailed Bitcoin (BTC) as a potential way to separate money and state.
Speaking to Anthony Pompliano, the former PayPal executive and tech founder praised Bitcoin for its ability to hedge against fiat inflation and its censorship-resistant properties. Sacks told Pompliano, “The Church and state used to be intrinsically linked and combined. You couldn’t think about the two without them being together.” Sacks continued:
The appointment of Sacks as a top advisor to Donald Trump is widely seen as an extremely positive development for the crypto industry due to his outspoken support and was celebrated by industry executives on social media.
