100 Days of Rapid Reform: From Hostility to Embrace

Speaking at the Bitcoin 2025 conference, David Sacks, the White House’s AI and crypto czar, lauded the progress the Trump Administration has made despite all the recent controversy.

Sacks detailed the administration’s whirlwind first 100 days and highlighted the administration's commitment to integrating Bitcoin and blockchain into the national economic strategy.

"We've reversed years of anti-crypto enforcement and delivered on our promises!"

Rewriting America's Oppressive Crypto Regulations

A cornerstone of Trump’s new digital asset policy is the creation of a Strategic Bitcoin Reserve, established by executive order in March 2025.

This “digital Fort Knox” is initially funded with Bitcoin seized in criminal and civil forfeiture cases, with Sacks emphasizing that it “will not cost taxpayers a dime”.

However, the executive order later authorizes the Treasury and Commerce Departments to acquire additional Bitcoin, provided they can do so in a budget-neutral way—potentially using surplus funds from other government programs, without raising taxes or increasing the national debt.

“If Commerce Secretary Howard Lutnick or Treasury Secretary Scott Bessent can find the funds, they’re authorized to buy more Bitcoin. There’s a pathway to do this, and the administration is ready to act if they can fund it responsibly.”

Sacks also highlighted how the Trump administration has freed and granted pardon to the numerous martyered crypto leaders, like Ross Ulbricht.

Two days later, he signed a week-one executive order to promote U.S leadership in digital assets. That order prohibited CBDC, ended Operation Choke Point 2.0, and created the President's Working Group on digital assets.

Above everything else, Sacks says the most satisfying move is getting rid of crypto industry's greatest adversary, Senator Elizabeth Warren.

This was achieved when the administration defunded the CFPB, which he claims is Warren's personal goon squad to terrorise crypto companies.

With the Stablecoin bill and the Genius Act about to pass, the administration is looking to push for a market structure bill next that Sachs predicts would follow before August.

Drill, baby, drill!

During his speech, Sacks recognizes the energy-intensive nature of both AI and Bitcoin mining and calls for a dramatic expansion of U.S energy infrastructure.

"One of the common denominators between AI and Bitcoin is that you need energy, you need power. You need electricity to power GPUs for AI data centers and you need it for Bitcoin ASICs to generate hash power."

To bolster the nation's leadership in emerging technologies, Sacks called for a major expansion of U.S energy production to meet the growing demands of both AI and crypto.

"This is something we definitely need to do more of in the United States. We need a lot more power to fuel the future of AI and crypto. I think the President definitely got us off on the right foot with Drill, Baby drill. He clearly wants to unleash oil and gas production in the U.S and that's a huge part of it."

With just four months in office, Sacks expressed optimism about the administration’s momentum

“We still have over three and a half years. What we can accomplish with Bitcoin and crypto in that time is going to be incredible—truly to the moon”