David Sacks: The government’s lack of long-term Bitcoin strategy has caused huge losses to taxpayers

GuShiio.com learned that David Sacks, the U.S. White House chief of AI and encryption affairs, issued a document stating that in the past ten years, the federal government has sold approximately 195,000 bitcoins and generated US$366 million in revenue. If the government held these bitcoins, they would be worth more than $17 billion today. This is the cost to American taxpayers of having no long-term strategy.& rdquo;

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