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David Sacks: Started buying bitcoin in 2013

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2024-12-08 01:08:17
Trump's newly appointed White House AI and cryptocurrency director, David Sacks, retweeted his previous top 10 views on bitcoin at X, including:
I started buying bitcoin in 2013, when the price was only $130, and it has risen by 76,000% since then.
Deeply understand the importance of Bitcoin as a decentralized currency and its role in hedging against the devaluation of fiat currencies.
He believes that Satoshi Nakamoto should become a billionaire and highly acknowledges the importance of his inventions.
Working on a fictional film about Satoshi "akin to watching'social network 'without knowing who Zuckerberg actually is";
Emphasize the usefulness of Bitcoin as a highly portable, non-confiscable store of value.
Bitcoin has the potential to separate money from the state.
Not a bitcoin extremist, but believes that bitcoin's advantages may be the most obvious of all cryptocurrencies, as reflected in its price and relative stability.
Invested in Bitcoin companies such as Lightning Labs, Fold, Bitwise, and Bitgo through Craft Ventures.
After PayPal, I never thought I would be interested in payments, but then Bitcoin appeared, "Bitcoin is fulfilling PayPal's original vision of creating a new world currency";
Deep understanding of the significance of Bitcoin as an invention of digital scarcity.
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