The first "AI and Cryptocurrency Czar" of the United States has arrived!
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On December 6th, local time, U.S. President-elect Donald Trump announced the appointment of prominent venture capitalist David O. Sacks as the head of AI and cryptocurrency affairs at the White House. Sacks has long been an investor and advocate for cryptocurrency, and in his view, the Federal Reserve's endless money printing poses a significant risk of devaluation for the U.S. dollar, while Bitcoin has the potential to become a de facto world reserve currency
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