Molly WhiteNewsletter: Harris shouts out crypto in her “Opportunity Agenda for Black Men”, one crypto exec leaves prison as another enters, and Stand With Crypto bets on the favorites.
FTX’s Ryan Salame is in prison, after a last-minute attempt to use the same dog bite excuse to delay his incarceration a second time.
Coinbase’s “Stand With Crypto” lobbying group has released a list of 39 candidates they endorse. After noticing some conspicuous absences, I discovered they’re just endorsing candidates with a high likelihood of winning — presumably to later claim a blowout in favor of crypto.
#crypto #cryptocurrency #CitationNeeded #USpol #USpolitics #Coinbase
I plotted Stand With Crypto’s endorsed candidates on a y-axis of likelihood they win their races (as modeled by The Hill).
• 27 of 39 endorsed candidates (69%) have >90% chance of winning
• 32 (82%) have a 75% chance or more
• Only 3 have a <50% chance of winning
Full-size image: https://storage.mollywhite.net/swc-endorsements.png
#crypto #cryptocurrency #CitationNeeded #USpol #USpolitics #Coinbase
My guess is that Stand With Crypto is setting themselves up for a post-election victory lap. I expect a lot of statements along the lines of “Look at all these crypto voters who made their voices heard!” I wonder if they’ve started drafting them already.
#crypto #cryptocurrency #CitationNeeded #USpol #USpolitics #Coinbase
Remember, this is the same group that decided they would fabricate the existence of the “crypto voter” if they couldn’t find evidence to support that these are real (and there isn’t).
Via this excellent New Yorker piece: https://newyorker.com/magazine/2024/10/14/silicon-valley-the-new-lobbying-monster
#crypto #cryptocurrency #CitationNeeded #USpol #USpolitics #Coinbase
This, along with Harris’s recent crypto-friendly statements attempting to appeal to Black voters, and the very tepid launch of Trump’s “World Liberty Financial” tokens, are only some of the things covered in this latest issue.
If you enjoyed this issue, please consider signing up for a free or pay-what-you-want subscription to receive the email in your inbox. It’s so important to helping me continue doing this kind of work.
https://www.citationneeded.news/signup/
Darryl RammLeg-lengthening surgery was not on my crypto bingo card.
But shout out to the LA Times for this gem:
...and around $64,000 on cosmetic surgery to extend the length of his legs.
Iza stands accused of...
drevil@molly0xfff this is a great article and I would enjoy it even more if it wasn't so outrageously terrifying
Kevin Karhan 
@molly0xfff OFC this was expected, and I'm shure you can finde folks like #ChrisDixon to insist there are "#CryptoVoters"...
robert daniel pickard
Patrick Reynolds@molly0xfff Stand with Crypto has been SMS spamming me for months trying to get me to register and vote. (I didn’t sign up, don’t own cryptos, and generally vote the opposite of what they’re hoping.) So whatever number of crypto voters they claim, I expect I’m counted among them.