alt Hacker NewsBut is that also accounting for any regulatory pressure/investigations that might have otherwise hit those donors? Perhaps just the promise of not being prosecuted for their crimes if/when their scam collapses is sufficient ROI for them.
But is that also accounting for any regulatory pressure/investigations that might have otherwise hit those donors? Perhaps just the promise of not being prosecuted for their crimes if/when their scam collapses is sufficient ROI for them.
that and directing US dollars into crypto markets via the government. you can sell people on the idea with the same arguments that are currently moderately successful in convincing people to do things like buy gold as a retirement plan, and anyone who is holding crypto before the government "invests" in it will see incredible returns as demand spikes for an asset whose supply is intentionally capped. The crypto whales are suddenly in the presence of a crypto leviathan in the form of government spending, they not only make a ton of money but they can sell out without crashing the market (solving a huge problem, esp for shitcoin whales but realistically for major stakeholders in all crypto) and everyone who's actually involved in the decision-making process leaves with fistfuls of money from people who didn't meaningfully have a say in which bag they'd be purchasing or at what price.