#TariffHODL David Sacks, who was recently appointed by President Donald Trump as the AI & Crypto Tsar at the White House, has made a shocking statement: NFTs and memecoins are not securities but collectibles! 🎨💰
--------------
💡 What does this viewpoint mean?
Sacks compares NFTs and memecoins to traditional collectibles like baseball cards and stamps, emphasizing that people primarily buy them for personal enjoyment rather than for financial investment. If the U.S. government accepts this classification, the entire cryptocurrency industry could enter a boom period with more relaxed regulations.
--------------
🔥 Potential impacts:
✅ Reducing legal barriers to NFTs & memecoins
✅ Accelerating mainstream adoption
✅ Promoting strong innovation in the crypto market
--------------
📌 Trump's administration's cryptocurrency strategy
This move aligns with President Trump's pro-crypto trend. The U.S. government is focusing on developing blockchain through a cryptocurrency advisory council to help America lead in this field.
--------------
⏳ Is a new era about to begin?
If NFTs and memecoins are officially considered collectibles instead of securities, the entire market could change forever. This could be the biggest breakthrough in legalizing and promoting the cryptocurrency industry.
--------------
💭 What do you think about this decision? Could it really bring about a revolution? Please share your thoughts! 🔥👇