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by Polizeiposaune 219 days ago
And David Sacks immediately responded with "there will be no government bailout":

https://www.cnbc.com/2025/11/06/trump-ai-sacks-federal-bailo...

4 comments

Surely the government would never lie.
I love your username. Offtopic,I have complicated thoughts about crypto but I would genuinely agree that for a normal person like crypto is just scam.

I just have money in usdc and I might like monero for privacy sometimes but I guess I am just using it as a bank account right now with usdc

I would personally like it if visa/stripe etc. middleman's could be cut preferably, its honestly insane how we still can't figure that issue of middleman taking cuts etc.

Maybe the issue isn't technological but regulatory

But overall I agree that crypto/ especially the web3 mostly is a scam.

David 'Crypto Bail-Out King' Sacks said.
Completely meaningless.
Yep, he saw the Mamdani win and Vance gave new marching orders on X by pretending to care about jobs, housing etc.

Sacks was one of the most prominent whiners on X asking for the bail out the Silicon Valley Bank. He is lying, just as the all-in podcast was lying before Trump's election and then dropped the masks.