White House AI and cryptocurrency director David Sacks retweeted his ten points on Bitcoin on social platform X

2024-12-08 08:38:56
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ChainCatcher news, David Sacks, the newly appointed White House AI and cryptocurrency chief by Trump, shared his top ten views on Bitcoin on the social platform X, including:

  1. Started buying Bitcoin in 2013 when the price was only $130, and it has since increased by 76,000%;

  2. Deeply understands the importance of Bitcoin as a decentralized currency and its role in hedging against fiat currency devaluation;

  3. Believes that Satoshi Nakamoto should be a billionaire and highly recognizes the significance of his invention;

  4. Is making a fictional movie about Satoshi Nakamoto, "similar to watching 'The Social Network' without knowing who Zuckerberg actually is";

  5. Emphasizes the practicality of Bitcoin as a highly portable, non-seizable store of value;

  6. Believes Bitcoin has the potential to separate money from the state;

  7. Not a Bitcoin extremist, but thinks the advantages of Bitcoin may be the most apparent among all cryptocurrencies, and its price and relative stability reflect this;

  8. Invested in Bitcoin companies such as Lightning Labs, Fold, Bitwise, and Bitgo through Craft Ventures;

  9. Never thought he would be interested in payments after PayPal, but then Bitcoin emerged, "Bitcoin is realizing PayPal's original vision of creating new world currency";

  10. Deeply understands the significant meaning of Bitcoin as an invention of digital scarcity.

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