And David Sacks immediately responded with "there will be no government bailout":
https://www.cnbc.com/2025/11/06/trump-ai-sacks-federal-bailo...
https://www.cnbc.com/2025/11/06/trump-ai-sacks-federal-bailo...
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.
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.