David Sacks, the newly appointed White House Crypto Czar, walked into his highly anticipated press conference on Capitol Hill today and left many in the crypto community frustrated. His mission was to explain how President Trump’s administration plans to push the US into crypto dominance after years of chaos under Gary Gensler’s anti-crypto regime.

The feasibility of President Donald Trump’s ambition to create a national bitcoin reserve is still being studied by officials in the administration, White House cryptocurrency czar David Sacks said as he met with lawmakers to advance the new president’s policies on digital assets.