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Crypto Enters Common Sense Era As US Tech Czar Gets Down To Business.

A South African entrepreneur who spent time at PayPal, is pro-crypto, and just been handed a top tech job by Donald Trump. Before you blurt out your Jeopardy question, here’s a spoiler alert: it’s not Elon Musk. And here’s the real spoiler alert: the question is “Who is David Sacks?”

America’s new AI and crypto czar moves in the same circles as Musk, and the men have much in common. But this isn’t a thought piece on Musk (the internet doesn’t need another one of those) but rather an analysis of Sacks’ next steps now he’s been handed the private keys to America’s crypto kingdom. In the coming months, we’ll get a clear indication of whether the US is serious about making the nation a hub of web3 innovation – or whether its pro-crypto President is merely playing to the crowds.

Unpacking Trump’s Crypto Credentials

Before we delve into known unknowns, like which crypto initiatives the new US administration is serious about supporting, let’s start with the known knowns. Donald Trump wasn’t always a fan of Bitcoin – virtually no world leaders were at first – but he saw the light quicker than most and has been an unashamed supporter ever since.