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Follow the Crypto

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Re: Follow the Crypto

#2
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.

Re: Follow the Crypto

#3
post #2

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.

I had a back and forth with Molly on Bluesky about this and the source of the data

https://bsky.app/profile/verdverm.bsky.social/post/3kvjythgh...

There is a lot of nuance to the data and the context, so "dwarf" is probably not the best term, especially in a more general PAC context

https://www.fec.gov/data/committees/pac-party/?cycle=2024

Re: Follow the Crypto

#4
post #3
post #2

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.

I had a back and forth with Molly on Bluesky about this and the source of the data https://bsky.app/profile/verdverm.bsky.social/post/3kvjythgh... There is a lot of nuance to the data and the context, so "dwarf" is probably not the best term, especially in a more general PAC context https://www.fec.gov/data/committees/pac-party/?cycle=2024

“Dwarf” was my word, not hers.

Even so, if you click through she has another page that lists hybrid PACs. I have no idea if even that is the full picture; US politics are complicated. The project is open source so perhaps you can submit a PR to make it better.

Re: Follow the Crypto

#5
post #4
post #3

Earlier quoted context omitted.

I had a back and forth with Molly on Bluesky about this and the source of the data https://bsky.app/profile/verdverm.bsky.social/post/3kvjythgh... There is a lot of nuance to the data and the context, so "dwarf" is probably not the best term, especially in a more general PAC context https://www.fec.gov/data/committees/pac-party/?cycle=2024

“Dwarf” was my word, not hers. Even so, if you click through she has another page that lists hybrid PACs. I have no idea if even that is the full picture; US politics are complicated. The project is open source so perhaps you can submit a PR to make it better.

(Molly here.) I added the “All PACs” page largely thanks to that Bluesky conversation with verdverm (thank you!) The “all PACs” page is the full picture.

It’s showing the same data that verdverm linked over at the FEC, which places Fairshake at #9 out of any kind of committee. Arguably ActBlue and WinRed shouldn’t really be listed there, since they are fundraising platforms that serve as an intermediary.

Re: Follow the Crypto

#7
Any breakdown for what incumbent banks, payments platforms and remittance organizations have spent to maintain existing dominance of these industries?

Every time you purchased something with a card, you give the card provider 2% of the price. There's a lot of interest in maintaining that.

Re: Follow the Crypto

#8
post #4

Earlier quoted context omitted.

“Dwarf” was my word, not hers. Even so, if you click through she has another page that lists hybrid PACs. I have no idea if even that is the full picture; US politics are complicated. The project is open source so perhaps you can submit a PR to make it better.

(Molly here.) I added the “All PACs” page largely thanks to that Bluesky conversation with verdverm (thank you!) The “all PACs” page is the full picture. It’s showing the same data that verdverm linked over at the FEC, which places Fairshake at #9 out of any kind of committee. Arguably ActBlue and WinRed shouldn’t really be listed there, since they are fundraising platforms that serve as an intermediary.

It was an informative discussion and a nice instance of constructive discourse of a political topic on social media. I learned some things too!
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