David Sacks, a South African-American entrepreneur and investor, has been nominated by President-elect Donald Trump as the White House AI and Crypto Czar. Sacks has an influential background in the tech industry, including roles at PayPal and as the founder of Yammer. He is also a co-founder of Craft Ventures, a venture capital firm that has invested in successful technology companies. Sacks is known for his support of Bitcoin and cryptocurrency, believing that they offer an alternative to government-controlled currencies. He has invested in Bitcoin and sees it as a potential non-fiat currency. As the White House AI and Crypto Czar, Sacks will be responsible for shaping policies and creating a legal framework for the crypto industry.



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