Analysis: David Sacks may have potential differences with the Trump family

ChainCatcher news, financial analysis agency goodalexander published an analysis of White House cryptocurrency and AI director David Sacks' stance on U.S. cryptocurrency policy: A series of recent interviews with David Sacks indicates that the Trump administration's cryptocurrency policy may disappoint the market, as its stance leans more towards Bitcoin maximalism and fails to provide a clear path for the U.S. to become a unique "crypto capital," but at least it has prevented lawsuits against the industry and de-banking.

The analysis points out that Sacks compares the U.S. Bitcoin strategic reserve to a "digital fortress," similar to the role of gold reserves. He particularly emphasizes the uniqueness of Bitcoin, including Satoshi Nakamoto's "perfect genesis," fixed supply, decentralization, and the "two trillion dollar bounty for a ten-year existence," all of which argue for value storage rather than "digital cash" or "value internet."

Notably, Sacks stated that the tweets about ADA, XRP, and SOL released by Trump were "not particularly special," merely "the top five cryptocurrencies," which is in stark contrast to Eric Trump's exaggerated interpretation of his father's tweets. The analysis suggests that there may be potential differences between Sacks and members of the Trump family, who have heavily invested in the cryptocurrency industry.

Regarding regulatory direction, Sacks emphasized SEC Commissioner Hester Peirce's idea of providing a grace period for network developers, allowing them to promote broad participation and the development of functional or decentralized networks under specific conditions. This means that the clear goal for cryptocurrency projects will be to become alternatives to Bitcoin—decentralized commodities that are centralized in the short term but have a grace period. Although the new policy is more favorable for industry development than during the Biden administration, analysts believe it may benefit new projects more than existing ones.