I'm now a crypto believer

… believer, not necessarily an investor yet.

Wendy seems to have FA’ed my post on the amount of crypto money going into political campaigns.

One 30-yr-old MIT grad (with a $20 Billion+ net worth) just put $5 million into an Oregon Congressional primary race, another candidate in the race, a West Point grad, specifically sought his crypto fortune so that he could run without the “taint” of corporate money.

Those who buy the politicans make the rules. Crypto is rapidly on its way to significant political power.

I’ll refrain from posting any links, lest it offend any tender sensibilities. This is Marco to the max.

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another candidate in the race, a West Point grad, specifically sought his crypto fortune so that he could run without the “taint” of corporate money.

Ah Crypto - a haven of transparency*. Finally, an enterprising candidate opens the door wide to receiving money with entirely different taints. Glad the playing field for buying US election results are levelled to allow criminals, foreign oligarchs and governments to fully participate.

* There are ways of keeping bitcoin transactions entirely private – to obscure who sends what to whom. One of the most popular methods is to use a bitcoin mixer, also known as a tumbler. These are tools that jumble up an amount of bitcoin in private pools before spitting them out to their intended recipients.

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SuisseBear writes,

<<another candidate in the race, a West Point grad, specifically sought his crypto fortune so that he could run without the “taint” of corporate money.>>

Ah Crypto - a haven of transparency*. Finally, an enterprising candidate opens the door wide to receiving money with entirely different taints. Glad the playing field for buying US election results are levelled to allow criminals, foreign oligarchs and governments to fully participate.

* There are ways of keeping bitcoin transactions entirely private – to obscure who sends what to whom. One of the most popular methods is to use a bitcoin mixer, also known as a tumbler. These are tools that jumble up an amount of bitcoin in private pools before spitting them out to their intended recipients.

It’s been there for a while, and incredibly cheap to do. It only cost Russia a few million dollars in Facebook ads to fuel the misinformation on Social Media that caused such chaos in 2016.

intercst

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* There are ways of keeping bitcoin transactions entirely private – to obscure who sends what to whom. One of the most popular methods is to use a bitcoin mixer, also known as a tumbler. These are tools that jumble up an amount of bitcoin in private pools before spitting them out to their intended recipients.

That’s what the crypto fanbois would like you to believe. The truth is anything but (CSAM trigger warning): https://www.wired.com/story/tracers-in-the-dark-welcome-to-v…

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* There are ways of keeping bitcoin transactions entirely private – to obscure who sends what to whom. One of the most popular methods is to use a bitcoin mixer, also known as a tumbler. These are tools that jumble up an amount of bitcoin in private pools before spitting them out to their intended recipients.

The FBI can find out which wallet got what and then see the identity of who owns the wallet. You have to completely identify yourself to get a wallet. Only bloggers with a certain ideology write the wet dream stuff of not paying taxes.