Hi HODLers, Hiveans and Lions,
David Sacks, the crypto czar appointed by President Donald Trump, said his aim is "ensuring American dominance in digital assets”. He is a very successful entrepreneur and VC from the Silicon Valley. He was part of the "Paypal Mafia" with other very famous people such as... Elon Musk!
The U.S. House of Representatives and Senate are forming a joint working group to advance crypto legislation.
"We want to keep that innovation onshore in the U.S. Financial assets are destined to become digital, just like every analog industry has become digital, and we want that value creation to happen in the United States, rather than giving it away to other countries,"
Don't get me wrong. I like the guy but I hope he is not referring to grifty tokens such as $TRUMP or other BS projects.
I mean, yesterday Eric Trump pumped $ETH with the below tweet. I do not think this is what we need. We just need good regulation which will leverage innovation in the crypto space.
Stay safe out there,
Posted Using INLEO
