Trump Appoints David Sacks as Crypto and AI Advisor

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President-elect Donald Trump has appointed David Sacks, a close associate of Elon Musk, as the 'White House Czar of Crypto and AI'. This new role emphasizes the importance of artificial intelligence and cryptocurrencies for America's future competitiveness. Sacks, who has a background in technology and finance, will focus on creating a legal framework to support the cryptocurrency industry in the U.S., which Trump aims to position as the global leader in this sector. The announcement follows a significant milestone for Bitcoin, which recently reached a record price of $100,000, a development Trump has publicly celebrated. Additionally, Sacks will tackle issues related to online free speech and the regulation of artificial intelligence, responding to concerns from conservatives about perceived censorship by major tech companies.