a16z co-founder: I am a "volunteer" for DOGE, supporting Trump due to the Biden administration's crackdown on cryptocurrency

2024-12-15 11:20:14

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ChainCatcher news, according to Wall Street Watch, venture capital giant Andreessen Horowitz co-founder and billionaire Marc Andreessen stated in a recent interview that he is a "volunteer without pay" for the Department of Government Efficiency (DOGE), and mentioned that DOGE has two main goals: to cut spending and reduce regulation. Marc Andreessen revealed that the Biden administration has specifically targeted the U.S. tech industry in three areas, leading to a shift in support towards Trump. One is cryptocurrency, where they declared war and attempted to kill the entire industry and push it overseas. The second is AI, where earlier this year they were very afraid that they would treat AI the same way they treated cryptocurrency. The third seems to be an obscure topic, which is the concept of unrealized capital gains tax.

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