
What Next | Daily News and Analysis TBD | The AI & Crypto Czar’s Conflicts
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Dec 5, 2025 Ryan Mac, a tech reporter for The New York Times, dives into the complex world of AI and crypto governance. He discusses the role of David Sachs, an influential figure with ties to PayPal, who now serves as the White House AI and crypto czar. Mac highlights Sachs' significant stakes in tech firms like BitGo and his connections to political donors. The conversation explores the implications of Sachs' dual role in promoting industry interests while managing conflicts of interest, raising questions about potential regulatory favoritism and the future of tech policy.
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Stablecoin Rules Boost Crypto Infrastructure
- The Genius Act created a light-touch regulatory framework for stablecoins, easing crypto transactions by pegging tokens to the dollar.
- Ryan Mac explains that infrastructure firms like BitGo benefit directly from stablecoin clarity and increased crypto usability.
Sacks' PayPal Roots And Podcaster Rise
- David Sacks came from South Africa to Stanford, joined the PayPal network, and later founded Yammer before starting Kraft Ventures.
- He became a public voice via the All In podcast and gained influence in tech and politics.
Stanford Years Shaped A Contrarian Voice
- Sacks' early Stanford work with Peter Thiel shaped contrarian, culture-war views that later resurfaced in politics.
- Ryan Mac notes Sacks apologized for controversial past views but remained a provocative public figure.




