Crypto Advisor to the White House – David Sacks said he does not only assess Bitcoin's success through 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 regulatory environment that pushes innovation abroad.

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

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