David Sacks Biography Flash a weekly Biography.

I’m David Sacks and just this week my role as President Trump’s crypto and AI czar has firmly put me center stage in the battle to define America’s tech future. At a high-profile panel with Marc Andreessen, Ben Horowitz, and Erik Torenberg, I declared crypto to be “the industry of the future,” championing the urgent need for clear U.S. regulations and warning that Biden-era “regulation by enforcement” crushed innovation. My vision, reported by Bitcoin Magazine and echoed across tech circles, aims to reclaim America’s lead by pushing a federal crypto framework and strategic Bitcoin reserve—using seized Bitcoin assets as a “digital Fort Knox.” I explained that this move avoids a taxpayer burden and prevents the U.S. from repeating past mistakes where selling BTC early cost billions in unrealized gains.

As headline volatility rocked crypto markets, I took to X, dismissing the 10% market cap drop as a short-term blip and spotlighting long-term Web3 growth. My optimistic tone—even amid market panic—was picked up by outlets like OpenExo, as I cited 550 million global wallet users and $12 billion in tokenized real-world assets locked since January. My name also popped up as $BEST, a token project I discussed recently, weathered price storms and grabbed attention for its mobile-first, high-yield approach to DeFi. I continue to stress that decentralized, user-friendly crypto wallets are the key to mainstream adoption—even if some price speculation around those projects remains wild and unverified.

But the focus hasn’t just been on crypto. In Fortune, I threw cold water on AI “doomer” warnings, challenging claims that superintelligent systems would devastate jobs. My X thread went viral, arguing that AI is a “Goldilocks” technology—powerful, but still demands heavy human oversight. I asserted that “apocalyptic predictions of job loss are as overhyped as AGI itself.” At the same time, I made headlines on Stocktwits and in AI news by outright rejecting calls for a federal AI bailout—after OpenAI’s CFO mused about government “backstops.” I made clear in posts and interviews that American AI should be propelled by the private sector with the government focusing on infrastructure and permitting—not bailouts. Reuters and other outlets quoted my stance as policy-defining.

On Capitol Hill, my behind-the-scenes influence is growing. The Crypto Basic and Politico report lawmakers are crediting my input as bipartisan crypto regulation gains momentum, even as the government shutdown slows everything else. With daily talks among senators and key drafts circulating, my optimism about the bill’s progress is fueling continued negotiation—an outcome widely seen as make-or-break for America’s place in crypto innovation.

I even found myself stirring up controversy in the AI arena, according to the Times of India, calling Anthropic’s leadership “woke” and reigniting debate over regulatory capture and the policy intentions of Silicon Valley’s biggest AI players. Anthropic’s CEO responded, emphasizing points of agreement with the administration, a sign of just how central my critiques have become in the AI landscape.

From major headlines and policy breakthroughs to sparring over social media and DeFi projects, these days there’s never a dull moment in my world. That wraps this flash biography update—thanks for listening and don’t forget to subscribe so you never miss the latest on David Sacks. Search “Biography Flash” for more great biographies.

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