The cryptocurrency industry spent almost $200 million to influence the outcomes of the 2024 United States elections.
-
The cryptocurrency industry spent almost $200 million to influence the outcomes of the 2024 United States elections. Let's talk about where the money came from, where it went, the cryptocurrency industry's political goals, and what’s next.
-
@molly0xfff 200 mil is around 2040 BTC. It doesn’t sound so bad in those terms…
-
@molly0xfff @jdp23 But yeah, let’s head on over to Bluesky…owned by Blockchain Capital, whose CEO comes from… crypto.
-
Bluesky’s problematic in a lot of ways and well see how it works out in the medium and long term. Right now, though, it’s by far the best Twitter alternative out there. Of course there’s a lot more to social networking than Twitter alternatives, and there’s a lot of good stuff here in fedi. But then again there’s a lot of racism here so I can certainly see why Black Twitter is going there for now.
-
@molly0xfff
Good presentation, but I’m not understanding when you say the crypto industry is dumping millions into politics - they aren’t dumping crypto are they? They’re using dollars. How are they getting those dollars? I’m not incline to much faith in a currency that is useless even in a bribe although maybe I’m missing something not being a crypto fan. -
@Corvair65 It was a mix of dollars and direct donations in crypto.
