A cutout of President Donald Trump holding a Bitcoin is displayed on a group of servers during The Bitcoin Conference at The Venetian in Las Vegas on May 27, 2025. (Photo by IAN MAULE/AFP via Getty Images)
David Sacks, the White House’s AI and crypto czar, speaks with President Donald Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, D.C. (Photo by Jabin Botsford/The Washington Post via Getty Images)
"Washington wants to control things, the bureaucracy wants to control things. That's not a winning formula for technology development," David Sacks said.
David Sacks, former CEO of Yammer, speaks on stage during Day 1 of the Republican National Convention on July 15, 2024 in Milwaukee, WI. Former President Donald Trump is the Republican presidential candidate and will address the convention on Thursday. (Photo by Ricky Carioti/The Washington Post via Getty Images)