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XLM $0.1753 -2.91%
ZEC $825.53 -2.47%

David Sacks: Bitcoin can separate money from the state

2024-12-08 08:31:17

ChainCatcher news, according to Cointelegraph, David Sacks, the crypto head appointed by Trump, praised Bitcoin's ability to hedge against fiat inflation and its censorship-resistant characteristics during an interview with Anthony Pompliano.

Sacks stated, "The church and the state used to be intrinsically linked and combined. You can't imagine the two without a connection." Sacks continued, "Now, we think of them as separate. I think currency and the state are a bit like that. We really can't imagine currency without the state, but Bitcoin, it's a bit like a sci-fi future, maybe you can separate these two things."

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