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Items tagged with: bitcoin
if you ever find yourself wondering "how did crypto bros get all this money to try to take over the government?" a big part of the answer is "the government gave it to them in the form of covid stimulus and PPP loans".
the crypto industry alone is now responsible for roughly half of all corporate money attempting to influence the election. you'd never know it though because their campaigns never mention crypto.
paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4320431
#Election2024 #2024Election #Trump #DonaldTrump #JDVance #uspol #uspolitics #politics #Kamala2024 #KamalaHarris #GOP #MAGA #MAGAts #Vote #Republicans #RVAT #Democrats #HarrisWalz2024 #VoteBlue #HarrisForPresident #HarrisWalz #VoteHarris #crypto #bitcoin #BTC #Tether #PPP #covid
Uncle Sam’s Stimulus and Crypto Boom
This study examines the impact of government financial assistance during the COVID pandemic on the demand for crypto assets and its effect on the stated goals opapers.ssrn.com
#PeterTodd has gone underground after an #HBO #documentary named him as the creator of #Bitcoin, #SatoshiNakamoto, whose real #identity has long remained a #mystery.
#problem #wealth #crime #news #journalism #press #security #crypto
Trump now calls for the U.S. to be a #Bitcoin superpower, while the Biden-Harris administration has imposed regulatory restrictions and vetoed industry-favored legislation.
A researcher of information systems and #AI examines both candidates’ records on #technology regulation –and calls out the important differences:
https://theconversation.com/ai-cryptocurrencies-and-data-privacy-comparing-the-trump-and-harris-records-on-technology-regulation-239676
#cryptocurrency
AI, cryptocurrencies and data privacy: Comparing the Trump and Harris records on technology regulation
Big tech and its high-tech products and services play an outsized role in the economy and society. The Trump and Biden-Harris records point to how the next administration might regulate technology.The Conversation
The #crypto industry has now spent $40 million dollars to defeat #SherrodBrown in #Ohio. That's apparently more money than Brown's previous 3 opponents combined.
According to Politico almost half of corporate PAC money and almost 9% of the total money spent on #Congressional elections has now come from an industry whose sole goal is to legalize securities #fraud. Brown is critical for them to knock off because he sits on the #Senate banking committee.
https://www.politico.com/news/2024/10/15/crypto-election-ads-fairshake-00183700
#Election2024 #2024Election #Trump #DonaldTrump #JDVance #uspol #uspolitics #politics #Kamala2024 #KamalaHarris #GOP #MAGA #MAGAts #Vote #Republicans #RVAT #Democrats #HarrisWalz2024 #VoteBlue #cryptocurrency #Bitcoin #BTC #Tether
https://grafa.com/news/cryptocurrencies-us-seeks-to-recover--2-67m-from-north-korean-hackers-282858?utm_source=mastodon&utm_medium=social&utm_campaign=282858
#crypto bros love to talk about how they're beating the SEC in the courts. the reality is actually exactly the opposite; out of some 200 cases the bros have beaten the SEC in one (#bitcoin ETFs, unfortunately, where the court forced the SEC to accept the fraudulent data the #CFTC had accepted before it was known to be fraudulent) and "won" half of another one (#Ripple / #XRP), where the part they lost resulted in one of the largest fines in SEC history.
today they lost two more big cases. they will keep losing unless (as they hope) they can bribe congress into changing the laws, which is why crypto is the industry responsible for half of all donations to the 2024 election.
John Reed Stark has the breakdown:
https://x.com/JohnReedStark/status/1841098360138146235
#cryptocurrency #uspol #uspolitics #Election2024 #2024Election #Trump #DonaldTrump #JDVance #uspol #uspolitics #politics #Kamala2024 #KamalaHarris #GOP #MAGA #MAGAts #Vote #Republicans #RVAT #Democrats #HarrisWalz2024 #VoteBlue #HarrisForPresident