As Musk, Bezos and Zuckerberg gathered for Trump’s inauguration, crypto diehards and members of the Paypal Mafia celebrated a new era for the Magaverse
O n Inauguration Day, fans of the All-In Podcast gathered in a billiards room in Washington DC to watch Donald Trump’s swearing-in – and a few miles away, the podcast co-host and PayPal Mafia alum David Sacks prepared to ascend to his role as Trump’s AI and crypto czar.
Very popular in Silicon Valley, All-In is fiercely pro-capitalism and enthusiastic about the world of tech start-ups and investments. Last summer, its co-hosts, Sacks and Jason Calacanis in particular, became vocal in their support for Trump and attempted to rally other tech leaders, including their listeners, behind the candidate.
Now, Sacks has a seat at the table in the White House, as do many others in tech, including a former Uber executive, a senior adviser at Palantir, and a PayPal co-founder, who was picked to be ambassador to Denmark (Greenland, a territory Trump wants to seize, is part of Denmark). It’s a watershed moment for relationships between Silicon Valley and Washington and, more broadly, what’s often described as the tech right.