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The cryptocurrency industry super PACs dumped $14.2 million into the Illinois primaries. 90% of that – $12.8 million – was wasted, in that it went to opposing Democratic candidates who won their primaries (Stratton in the Senate race, Ford in H-07) or supporting their opponents.

Their only victories in the state were where they contributed money towards outcomes that were already highly likely. They opposed Robert Peters (H-02), who had been polling in third place and ultimately received 12% of the vote. They supported Bean (H-08) and incumbent Budzinski (H-13).

#cryptocurrency #crypto #USpolitics #USpol #Illinois

I learned a new word today.

'Binfluencer'

That's the guy on your street who puts the correct bin out early each week, thus signalling to everyone else which one they need to take out.