"By harnessing the greed and corruption of the Trump family and its cronies, as well as many Democrats, the #cryptoIndustry has assembled a juggernaut of power that aims to revolutionize the financial system to place #crypto and their businesses at the center of #finance, not just in the United States but throughout the globe. The most immediate economic risk of this is the prospect of a crypto-induced financial crisis..."

https://www.bostonreview.net/articles/the-crypto-chokehold/
#cryptoLobby #USpol #economy #financialBubbles

Crypto super PACs have hundreds of millions ready to spend on the midterms

https://fed.brid.gy/r/https://www.citationneeded.news/crypto-super-pacs-2026-midterms/

"Wealthy #crypto executives and investors supported #Trump and other Republicans with millions of dollars in campaign donations. Now, they aim to cash in."

https://www.thenation.com/article/politics/trump-crypto-bitcoin-corruption/
#USpol #USpolitics #TrumpCabinet #cronyism #CronyCapitalism #2024election #CryptoLobby #tech #SiliconValleyRight

Trump and His Crypto Cronies Have Big Plans. Be Afraid.

The incoming president and his Bitcoin-loving acolytes want to turn the government into their personal ATM.

The Nation

They also claim that “When Democrats come out as pro-crypto, they are following the lead of their own non-white base voters, who view crypto positively”, despite their own poll data showing that about 3 in 4 respondents do not view crypto positively.

#crypto #cryptocurrency #USpol #USpolitics #CryptoLobby

Read the annotation at https://mollywhite.net/annotations/paradigm-democrat-poll, or listen to the audio version at https://citationneeded.news/paradigm-democrat-poll/. And as always, you can sign up for a subscription and (optionally) pay what you want to support my work at https://citationneeded.news/signup!

#crypto #cryptocurrency #USpol #USpolitics #CryptoLobby

Annotated: Paradigm’s July 2024 Democratic Public Opinion Poll

Annotating Paradigm’s July 2024 poll of Democratic voters on their crypto opinions.

Molly White

For example, their claim that “1-2% of Democrats who may be leaning towards Trump due the Biden Administration’s hostility to crypto” is a) not 1-2%, b) is not actually sampling respondents “who may be leaning towards Trump”, and c) did not try to establish any causative link.

#crypto #cryptocurrency #USpol #USpolitics #CryptoLobby

You may have seen my post earlier this month about their... creative data visualization.

Unfortunately that isn’t the only flaw in this poll, which tries to make very bold claims from very weak data.

https://hachyderm.io/@molly0xfff/112973590110299407

#crypto #cryptocurrency #USpol #USpolitics #CryptoLobby

Molly White (@[email protected])

Attached: 2 images the dataviz in this Paradigm (crypto VC) poll about crypto voters is really something https://policy.paradigm.xyz/writing/Dem-polling #crypto #cryptocurrency #CryptoLobby #USpol #USpolitics

Hachyderm.io

Rather than my usual newsletter, this is one of my annotations (although newsletter subscribers will have received an issue sharing it as well). I break down the poll point-by-point, with additional context I got from speaking to Paradigm’s team about their methodology.

#crypto #cryptocurrency #USpol #USpolitics #CryptoLobby

I break down yet another poll out of the cryptocurrency industry. This one, via the Paradigm crypto-focused venture capital firm, is focused on Democratic voters. It claims that Democratic politicians, including Harris, need to embrace crypto to attract voters. Is the poll any good?

https://www.mollywhite.net/annotations/paradigm-democrat-poll/
#crypto #cryptocurrency #USpol #USpolitics #CryptoLobby

Annotated: Paradigm’s July 2024 Democratic Public Opinion Poll

Annotating Paradigm’s July 2024 poll of Democratic voters on their crypto opinions.

Molly White

Some extracts from my pinned toot concerning the ways in which #Uniswap is a particularly diabolical means of capital extraction devised by #TheNerdReich bros of #a16z, #SequoiaCapital, and the rest (and their obscenely well paid and equally obscenely dishonest lawyers) and how the capital being extracted is currently being funneled into the 2024 election.

(The specifics of the electoral corruption are better documented by @molly0xfff; this is more an in depth explainer of the mechanics of one of The Nerd Reich's more effective grifts.)

#MarcAndreessen #SequoiaCapital #BenHorowitz #crypto #COIN #Cryptocurrency #AndreessenHorowitz #ethereum #Sunswap #SwftSwap #LazarusGroup #moneylaundering #FinReg #FinCEN #sanctions #CryptoLobby #USpol #USpolitics #Republicans #politics #CraftVentures #GOP #TheNerdReich