David Sacks criticizes Elizabeth Warren for aiming to stifle crypto innovation in the U.S., insisting on supporting the financial system of the future.
Sacks attributes much of the anti-crypto sentiment in the Biden administration to Warren, suggesting she holds significant influence over federal policy.
He warns that Warren's policies may drive the crypto ecosystem offshore due to her alleged disdain for the crypto community, emphasizing the need to have such innovations within the U.S.
Sacks praises President Trump's support for the crypto industry, noting the importance of maintaining crypto innovation in the United States for its benefits over traditional systems.