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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
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The Past Statements and Investments of the White House's New Bitcoin Leader Are on the Agenda! - Coin Bulletin
David Sacks, the new cryptocurrency head of the White House, made headlines again with his past shares about Bitcoin and its technology.
David Sacks, who has recently taken on the role of the new cryptocurrency officer at the White House, has once again brought attention to his previous statements about Bitcoin and cryptocurrencies.
In previous statements, Sacks expressed that he first bought Bitcoin in 2013 and believed in the importance of this decentralized currency. He also emphasized the critical role of Bitcoin as a hedge against the depreciation of fiat currencies.
Sacks expressed that he is not a Bitcoin maximalist, but he also revealed his interest in the industry with his investments. Reminding that he has invested in Bitcoin-focused companies such as Lightning Labs, Fold, Bitwise, and Bitgo, Sacks thinks that Bitcoin has fulfilled PayPal's initial vision of "creating a new world currency."
Sacks' statements underline the role of Bitcoin in the global financial system, while giving clues that the White House could adopt a more proactive approach towards cryptocurrencies.