Crypto Bros’ Big Election Bet Paid Off
Well, election night is over and everything sucks. Not only is Donald Trump going to be President again, but a whole bunch of political candidates funded by the odious crypto industry have been elected to office.
The crypto industry spent an insane amount of money on political races this year. They dwarfed the Kochs. They outspent the tobacco industry. In fact, they spent more money on candidates than any other single industry, with the sole exception of fossil fuel companies. Now, it would appear that all that money has bought the crypto community exactly what it wants: a bunch of civil servants who are beholden to their interests.
The New York Times reports that crypto-funded political…
