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Bitcoin Fuels White House Debate on 4% AI‑Powered GDP Growth, Says “Crypto Tsar” David Sacks
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In an unannounced council meeting, cryptocurrency pioneer David Sacks, dubbed the “Crypto Tsar,” highlighted that the current GDP growth rate stands at a robust 3.9%, with artificial intelligence contributing roughly 40% of this expansion. He cautioned that while policymakers often resort to sensational rhetoric, the core issue remains whether the U.S. aims for a 4% growth rate or settles for a mere 2%.
These remarks underscore a pivotal shift: technology, especially AI-driven fintech, is becoming a primary engine for economic momentum. Consequently, fiscal stakeholders must negotiate a balance between pro‑technology incentives and pragmatic growth targets to sustain the vitality of the US economy without succumbing to political posturing.
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