
Josh Caplan
@joshdcaplan • 96,585 subscribers
Building https://t.co/gt65vLc6Lt, the daily newsletter for all things tech, markets and freedom.
Videos

.David Sacks: Democrats Hate Department of Government Efficiency Because They Think Taxpayer Money Belongs to Them "I was at the State of the Union and up in the balcony. I was looking down at the Democrats holding up these silly little signs and the sign that I saw the most was one that said ‘Musk Steals.' I really thought about that. How is Elon Musk stealing? He’s returning money to the Treasury. Then it hit me, they actually have come to believe that this taxpayer money is theirs and by returning it to the Treasury, Elon is stealing from them. That’s my best explanation of why they’re in such hysterical state about this. But of course, Elon isn’t stealing anything. He is making sure that the federal government is taking good care of our money and that we’re not wasting it, it’s not going to corruption or fraud, and I think that just has the swamp in an absolute tizzy because he, along with President Donald J. Trump, and at the president's direction, they are draining the swamp."
Josh Caplan216,593 次观看 • 1 年前

.David Sacks: Trump’s AI Policies Could Fuel U.S. Economic Growth to 4%-5% "What you're seeing is that the adoption of AI applications is the fastest adoption curve we've ever seen. I think it's bigger than the iPhone, bigger than the internet itself, potentially. This technology is being adopted very, very fast by consumers and businesses, and I think it's going to fuel the growth of the American economy for years to come. I think we can get back to those 4 to 5% growth rates with AI as a tailwind. Again, it's facilitating major investment, major innovation, and I think President Trump has already helped facilitate this. He rescinded that 100-page Biden executive order on AI, which burdened AI companies with unnecessary regulation. We rescinded that 200-page rule that burdened semiconductor companies and data center companies with unnecessary regulation. President Trump is leading and he's driving the growth and the innovation, and it's a very different approach than we saw with the Biden administration. The Biden administration really was motivated and proceeded from a position of fear. It was, 'How can the government restrict this? This thing is so risky that we need to control it.' Whereas, I think the Trump administration is proceeding from a position of opportunity, which is, 'How do we take advantage of this technology? How do we drive the growth? How do we drive the investment?' Thanks to President Trump, you are seeing this boom, this novelty that started, and I think it will be one of the most important parts of his legacy."
Josh Caplan126,513 次观看 • 1 年前

.David Sacks: Bitcoin Strategic Reserve Will Maximize Long-Term Value of U.S. Holdings "The reason why we need a Bitcoin reserve is that the federal government already owns some. In fact, it obtained around 400,000 Bitcoin over the past decade through criminal and civil forfeitures and seizures. And so the government has to have a strategy for how it deals with this. In the past, the strategy has been simply to sell it in an ad hoc way, almost willy-nilly, and that cost American taxpayers something like $17 billion in lost value. So we want to have a long-term strategy to maximize the value of these holdings. We’ve decided that Bitcoin is scarce, it’s valuable, and it is strategic for the United States to hold on to this as a long-term reserve asset. So that’s the plan with the 200,000 Bitcoin that we believe are in the possession of the federal government. I say 'we believe' because no one really knows for sure since we’ve never had a proper audit. That’s one of the first things this executive order provides: we’re going to do a full government-wide audit to find out what digital assets we actually have so they can be safeguarded and moved into a strategy that maximizes their long-term value."
Josh Caplan90,888 次观看 • 1 年前

Trump gives Elon Musk a shoutout, lists some wasteful spending found by Department of Government Efficiency, including: -$3.5M for fish monitoring -$1.5M for voter confidence in Liberia -$59M for illegal immigrant hotel rooms in NYC -$42M for social and behavioral change in Uganda
Josh Caplan88,921 次观看 • 1 年前