PANews reported on December 8 that David Sacks, the encryption chief appointed by Trump, forwarded his ten sentences about Bitcoin, as follows:

  1. Buy Bitcoin in 2013;
  2. Understand the importance of Bitcoin as a decentralized currency and its role as a hedge against the devaluation of fiat currencies;
  3. Satoshi Nakamoto should become a billionaire and appreciate the profoundness of Satoshi Nakamoto’s invention;
  4. There’s a feature-length fictional movie being made about Satoshi Nakamoto that’s like watching The Social Network but without knowing who Mark Zuckerberg’s character actually is;
  5. Understand Bitcoin’s utility as a highly portable and non-confiscable store of value;
  6. Bitcoin has the potential to separate money and state;
  7. Not a Bitcoin maximalist;
  8. Through its venture capital firm Craft Ventures, it has invested in companies such as Lightning Labs, Fold, Bitwise, and Bitgo;
  9. After using PayPal, I never thought I would be interested in payments again. But then Bitcoin came along, and “Bitcoin is fulfilling PayPal’s original vision of creating a new world currency”;
  10. Understand that Bitcoin is an invention of digital scarcity.