Molly WhiteIt’s finally time to release my newest project: https://www.followthecrypto.org/
This website provides a real-time lens into the cryptocurrency industry’s efforts to influence 2024 elections in the United States.
I have been working on this for the past two months, after growing increasingly concerned about the influence this industry is trying to exert. Did you know crypto companies have spent more this cycle than the oil or pharmaceutical industries, despite being a small fraction of the size?
Noah Cook@molly0xfff For a bit of perspective, that "all health" spending is where it is in part because healthcare is 1/6 of the economy, but also because CMS's budget is a bit over $1 Trillion-with-a-T. That includes Medicare, the federal portions of Medicaid/CHIP, and other programs.
So $200 million in lobbying is perhaps understandable. What the hell does the crypto industry expect to get? I suspect that the answer is not entirely financial.
MarkV@UncivilServant @molly0xfff I wonder how much of this is “regular” domestic spend vs. foreign influence using crypto as a hard-to-trace backdoor to influence US elections.