Dan Goodin on Nostr: From Paul Bradley Carr :verified: of The San Francisco Standard: ...
From Paul Bradley Carr :verified: (npub1lhf…779l) of The San Francisco Standard (npub1pz8…np0r):
https://sfstandard.com/opinion/2024/06/12/opinion-crypto-bros-trump-fundraiser/
By framing Trump as the crypto candidate (as opposed to something else), the right hopes to unlock millions in donations from Bitcoin billionaires and NFT moguls who sold at the top of the market. In return, the crypto bros expect a president who will slash regulation and thus reduce the risk of their peers becoming bunkmates with Sam Bankman-Fried.
...
The truth is, what we’re seeing is not a change in Valley politics but a shift in power and attention away from the kind of leaders and companies who would sign a letter opposing Trump, towards the kind who would do whatever it takes to elect the guy who will keep their pals out of jail. An industry that once elevated innovators and mavericks today elevates grifters and jailbirds.
https://sfstandard.com/opinion/2024/06/12/opinion-crypto-bros-trump-fundraiser/
By framing Trump as the crypto candidate (as opposed to something else), the right hopes to unlock millions in donations from Bitcoin billionaires and NFT moguls who sold at the top of the market. In return, the crypto bros expect a president who will slash regulation and thus reduce the risk of their peers becoming bunkmates with Sam Bankman-Fried.
...
The truth is, what we’re seeing is not a change in Valley politics but a shift in power and attention away from the kind of leaders and companies who would sign a letter opposing Trump, towards the kind who would do whatever it takes to elect the guy who will keep their pals out of jail. An industry that once elevated innovators and mavericks today elevates grifters and jailbirds.