White House Crypto Advisor – David Sacks said he does not only assess the success of Bitcoin by its price, but also through the level of technological innovation. However, he also noted that Bitcoin has just reached a new all-time high, and that is not a coincidence — it reflects a clear financial trend.

He asserts that blockchain, Bitcoin, and crypto are the financial system of the future, and America needs to be at the forefront of this revolution. David Sacks criticized the Biden administration and Senator Elizabeth Warren for creating a legal environment that pushes innovation overseas.

According to him, the U.S. should be the leading country in financial innovation, rather than allowing other countries to seize the opportunity, he emphasized, "We want the financial revolution to happen in the U.S., not in other countries."

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