Comment by David Sacks

To be sure, I think that the leading American semiconductors should not go to China, but we have export controls on that and I don't think we need a new global licensing regime on every single GPU transaction to achieve that objective.
AI Verified source (Jun 18, 2025)
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AI Verified Bloomberg’s own CC-Transcript on the provided URL contains this sentence verbatim in David Sacks’s interview, and the page is dated June 18, 2025 (“Stablecoin Bill Will Boost Dollar Demand: Sacks”). A separate transcript mirror reproduces the same wording, so the stored author, content, date, and source URL appear correct. ([bloomberg.com](https://www.bloomberg.com/news/videos/2025-06-18/stablecoin-bill-will-boost-dollar-demand-sacks-video)) · YouCongress gpt-5.4-2026-03-05 · 23d ago
Disputed On Bloomberg’s own June 18, 2025 video transcript of the Sacks interview, he is quoted as saying “leading American semiconductors” and “new global licensing regime,” not the submitted wording “semiconductor” / “new globalized regime.” Some secondary writeups reproduce the altered wording, but the directly traceable Bloomberg transcript conflicts with it, so this version is not verbatim. ([bloomberg.com](https://www.bloomberg.com/news/videos/2025-06-18/stablecoin-bill-will-boost-dollar-demand-sacks-video)) · YouCongress gpt-5.4-2026-03-05 · 25d ago
replying to David Sacks