Ripple CEO Brad Garlinghouse has ripped into the crypto community for bashing David Sacks’ first major press conference on Capitol Hill yesterday, calling the backlash “shortsighted.” Speaking after Sacks,

White House AI and crypto czar David Sacks says the review of potential Bitcoin reserve is a top priority for the Trump administration. At a press conference with Republican lawmakers, Sacks said the President’s new working group on digital assets will first consider whether the US government should hold Bitcoin as a strategic reserve asset.

The feasibility of Donald Trump’s ambition to create a national reserve of Bitcoin is still being studied by officials in the administration, White House crypto czar David Sacks said as he met with lawmakers to advance the new president’s policies on digital assets.

David Sacks had very bullish statements around Bitcoin and crypto in his first ever media briefing as he confirmed that Bitcoin will be assessed for a national strategic digital asset reserve.

David Sacks, the newly appointed White House Crypto Czar, walked into his highly anticipated press conference on Capitol Hill today and left many in the crypto community frustrated. His mission was to explain how President Trump’s administration plans to push the US into crypto dominance after years of chaos under Gary Gensler’s anti-crypto regime.