Follow the Crypto

Molly White’s latest project, tracking political contributions of the cryptocurrency industry. White’s data shows these PACs dwarf even much larger industries in this political cycle.

Everytime I see this kind of discussion I remember that there are companies not breaking the law whose only way of surviving is bitcoin, because the big two payment circuits (visa and mastercard) have decided in concert, to not process their payments. Gab and Parler come to mind.

This is the first time I&#x27;ve come into a crypto thread on HN and the pro-crypto people seem to outnumber the anti-crypto people.<p>Is there a vibe shift happening on HN?

Any breakdown for what incumbent banks, payments platforms and remittance organizations have spent to maintain existing dominance of these industries?<p>Every time you purchased something with a card, you give the card provider 2% of the price. There&#x27;s a lot of interest in maintaining that.

A voluntary monetary system that you can use to avoid crushing money printing and inflation? What monsters

Not american, so I don&#x27;t really get it. As far as I understand, everyone spends to influence the US elections, in one direction or the other. Why is this special?

The government is a well intended representative of the people. The government has a solution to money and currency already. The government makes choices on monetary policy with the best interest of the citizenry in mind. Crypto is not good. The government is good.

Crypto!? No thanks. I like my currency constantly inflating and printed on paper IOUs thank you very much.