- David Sacks asks the Winklevoss twins/the audience what else the administration should do for bitcoin

- People shout ‘no capital gains tax’

- One of the twins takes it in and says, “Something about capital gains tax. You know, I think it’d be great if the US government started proactively acquiring bitcoin.”

JFC.

Some of the people heretofore celebrated by bitcoiners stand to gain a lot if bitcoin is boxed in as just an investment, and lose a lot if it becomes money.