Crypto Czar David Sacks: Bitcoin Reserve Won’t Cost Taxpayers ‘a Dime’

TRANSCRIPT:

SACKS: “We don’t have a plan to buy more, except that the executive order provides that if the Secretary of the Treasury or the Secretary of Commerce can come up with a budget-neutral way to acquire more, then they are authorized — they don’t have to, but they’re authorized to develop those strategies. I think it’s important to say that this reserve does not cost taxpayer — taxpayers a dime. We already own this bitcoin.”