> More than one-third of all corporate money contributed to this year's November elections, and primary elections leading up to them, has come from the crypto industry, making it the top corporate political spender, the group said.
When it's from an industry consisting 100% of organized crime and negative-sum grifting, it's a lot.
I'd read a donation with "from the oil industry" and "from The Organization Of Stealing All Copper from Public Spaces" as different types of "bad", even if I'd prefer that the oil industry also not buy politicians.
For the avoidance of doubt, blockchain people are the copper thieves.
It almost doesn't matter? If it was less than other industries doesn't make it okay. I like any/all callouts of industries and their political "donations". Its all so ridiculous.
Yeah I guess poor wording on my part. It does matter. My point was even if its a lot less than other industries that doesn't negate what's happening here.
Paragraph #2 directly answers your question:
> More than one-third of all corporate money contributed to this year's November elections, and primary elections leading up to them, has come from the crypto industry, making it the top corporate political spender, the group said.
Only one-third? They are slowing down. Crypto companies accounted for almost half of corporate donations in the 2024 election cycle [1].
[1] https://www.cnbc.com/2024/08/23/crypto-companies-are-pouring...
someone below is saying it's over a third of all spending so far. which feels like a lot to me.
When it's from an industry consisting 100% of organized crime and negative-sum grifting, it's a lot.
I'd read a donation with "from the oil industry" and "from The Organization Of Stealing All Copper from Public Spaces" as different types of "bad", even if I'd prefer that the oil industry also not buy politicians.
For the avoidance of doubt, blockchain people are the copper thieves.
It almost doesn't matter? If it was less than other industries doesn't make it okay. I like any/all callouts of industries and their political "donations". Its all so ridiculous.
I guess the threat of this is what's unclear. The cryptobros are going to take over the world and then do what exactly?
Yeah I guess poor wording on my part. It does matter. My point was even if its a lot less than other industries that doesn't negate what's happening here.