PayPal Mafia’s David Sacks Gains Spotlight in Trump’s Crypto and AI Agenda Sacks belongs to Silicon Valley’s “PayPal Mafia,” a group of influential entrepreneurs and ex-PayPal employees like Elon Musk and Peter Thiel. Formed in the early 2000s, this group has shaped the tech industry through successful ventures and investments, leveraging their strong networks and collaboration.
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It’s important that the government does not broadly apply traditional financial principles without taking into account the unique characteristics of the crypto sector, such as applying traditional consumer credit rules to retail lending and borrowing, which don’t fully take into account the collateralised nature of cryptoasset loans.
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🕹️ Come play games in the Farcade!
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