David Sacks, White House AI and Cryptography Director: If the U.S. government still holds the Bitcoin sold in the past 10 years, the current value will exceed $17 billion

Odaily News David Sacks, the White House AI and encryption director, said that in the past decade, the federal government has sold about 195,000 bitcoins, with proceeds of $366 million. If the government held bitcoin, it would be worth more than $17 billion today. This is the price American taxpayers pay for not developing a long-term strategy.