Crypto Has Bought The 2024 Election!
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- Опубликовано: 1 окт 2024
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According to the consumer advocacy group Public Citizen, almost half of all corporate money contributed to this year's US election campaigns has come from crypto backers and politicians are bending to their will with promises to reduce regulation and consumer protections.
Why do Trump and Kamala Harris suddenly support crypto? In today's video we follow the money.
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Nord VPN coming out with a password manager is rich given their plain text password file leak from several years ago
Do you hold or own any crypto, and/or any fund that holds/trades/invests in spot or crypto derivatives?
First time i have to argue against Bitcoin for criminals. The Bitcoin Blockchain is on a ledger, which transaction can be tracked.
you're smarter than Larry Fink, got it. I love it that you'll be buying my bags in 2035 for 100x what it is now.
RUclips apparently tagged this video "funny finance videos", when this is really a rap news channel.
Not a long tume viewer. Where does the rap channel meme comes from?
Funny... in a depressing and terrifying kind of way.
dude!!!
From the crocodile of Wall Street
ruclips.net/video/Y-MX6YdA8k0/видео.html
I thought it was wrapping as in car wrapping
To the moon!
Yes, send the crypto folks to the moon.
Naaah, to mars ! You can make a bundle with Musk's fanbase
... Is that really worth it? Do 10 non-overlapping people really justify the bureaucratic effort in sending a second group of people to mars?
Preferably with no oxygen
But the spacesuits aren't ready yet!
@@realruppert351 There is a 90% overlap between the two.
Don't you jsut love how corruption is legalized?
Theres no legal corruption, its called lobbying 🤓
Rebrand people! Rebrand! (It worked wonders with Meta/Facebook)
@@serioserkanalname499yes. That is the legal corruption. If it wasn't for lobbying it wouldn't be legal. You just made the same joke again but worse...
@@brook_angel wow and you didn't even make a joke!
@@gwentarinokripperinolkjdsf683 something something you're the joke idk
what do you want from me?
I just saw someone falsely "um actually" and wanted to point it out. Not every comment has to be a joke :|
We should ban corporate donations to political candidates. Problem solved.
Corporations are people, remember? 😊
@@tfive24regan is already in the ground, let it join
As good as it sounds, it’s unconstitutional
How about for every dollar donated to a political party, one dollar also has to go to charity.
#EndDarkMoney #EndCitizensUnited #EndMinorityRule
Mr. Boyle, thank you. The reality is worse than I imagined. Thanks for getting this out before the election.
No human should be robbed in such a manner. Get a little NonETF bitcoin in self custody and #hodl. #LifeBoatBitcoin
Same here. If you mean it's worse because we aren't killing/banning crypto altogether. The Democrats will regulate it, the Republicans will let it run hog wild. This is a sort of "keep your friends close, and your enemies closer" situation. But obviously we've caved to it. I think crypto is a destructive force and should be banned.
I'm surprised there are no comments on Patrick's note that (paraphrasing) "betting on crypto is betting that criminality will be more prevalent in the future". This has got to be the biggest hot take/reflection point in the whole video and has not been commented on. Honestly, that comment alone is having me reconsider my negative sentiment on crypto to wanting to invest since it seems criminals can get away with anything these days.
Yes! Makes me bullish lol! It's actually easier to launder with government minted Fiat currency,ie CASH than with crypto
If you can't beat them join them right.
Damn these morals I could have been rich
I do love the respective names "defend progress" and "protect jobs" for what are ultimately two identical policies funded by the same industry. It sounds like a simpsons parody.
Our whole political and economic system at this point feels like a parody.
"protect jobs" just mean giving corporations ungodly amount of money that some crumbs trickle down to new job listings so the employment rate looks good on the report
I'm betting we'll need a gas fee just to cast a vote soon
Block chain voting. Decentralized and open for all in the nation... as long as you buy at least $25 in eth....
Lmao can you imagine some 85 year old grandma trying to use crypto to vote. 😅 I know if this happened 3/4's of my family would have no idea how to cast a vote.
Would you rather rely on the current voting system?
@@benclair What's wrong with it?
If you mean the US, Trumps former lawyers during Jan 6th have been Dis-barred after admitting they knowingly lied in Court and they KNEW that there was NO 2020 Election Fraud...
Chesebro, Powell, & Ellis
Also Rudy Guiliani admitted it too and got sued for $150 Million in court and lost and is currently filing for Bankruptcy.
Do try keep up...
@@NickyBlue99money has bought votes for as long as we could remember. You pay it whether or not you are aware of it.
@@benclairWell, the current system actually works for one…
The "Industry" of using computing power and energy to solve useless cryptographic equations in order to increase a number on a peer shared ledger?...
It's no different from slow hashes being used for password storage in order to slow brute force attacks when the password hash file leaks
That's just the earning side of crypto. There are huge HUUUGE possible upsides for the USAGE of cryptocurrencies. Government can't steal it from you or stop you from spending it freely.
@@operator8014 Buddy, if the USA is trying to "steal your money" or stopping you from "spending it freely", you should be worrying about water, food and shelter and not bloody crypto , cause the world has already gone to shit
@@operator8014 So cryptocurrency is a solution looking for a problem? What are some current examples of the government preventing me from spending it freely on something?
@@operator8014as not a criminal myself, I'm not that interested in something that can be used by criminals to circumvent the law
Defend American Jobs. What a cynical name for a crypto super-pac.
"War is peace, freedom is slavery, ignorance is strength" George Orwell.
Politicians are “cozying up
to crypto” because it’s so good at money laundering. lol 😂
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA.
Great!
Dell is another interesting one, they're dominating server market and have strong foothold with few handicaps. IBM can be too or another rising star in AI and server industry. I'm invested in Corning and it's been very good through these years
Tesla has FSD, robotaxi and bots that will use AI - buy the dip!
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks
I agree with you. I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 43 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 46 yo and have put $9,000 in an IRA and $40,000 in my portfolio. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone
The moral of the story is don't trust advertisements of any kind but especially the political ones
"The Winklevoss Twins: Harvard's dumbest graduates..."
I'm still laughing.
They are gentlemen of Harvard!
Illustrating the old saying, "you can be smart, but not wise."
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Crypto is still a thing? I thought we're all doing AI now and the Cryptos are in prison (or on their way).
Why go to prison when you can buy a politician?
Honestly, if we're going to boil the oceans over crypto or AI chatbots.
Bring the NFTs back please?
I'm tired of hearing about how spicy auto complete is going to revolutionize everything, and put us to the end of scarcity. It still doesn't know how much glue to put on a pizza, how many R's are in strawberry, etc.
You should see the project that Microsoft is building in Mount Pleasant, Wi. This would even make Dr. NO Jealous.@@johnpienta4200
@@johnpienta4200but the spicy autocomplete is in every app and piece of tech now as it consumes so much energy and data as little else we invented to tell you that it's favorite fruit is an applum and that all autistic people love puzzle pieces 🙃
The redpill conspiracy folks are still in at large, but the peer to peer network itself is now much more drifted away from the original libertarian freedom of money idealism because the nodes and full wallets are no longer run by ordinary folks (e.g. bitcoin full wallet requires like 2TB hard drive space these days, to get your transaction processed under an hour you have to use like 15 bucks worth of bitcoin to get priority so no chance for large mass of people running it). The only nodes on the networks are sketchy exchanges, criminals that dedicate that kind of HW to it and a shitload of chineese miners. The system is now just a smoke and mirrors for money laundering as primary use case and is hiding behind the smoke and mirrors of the "freedom of money!" argument.
"Diddy's roomate's father"😆😆
came here for that, got me thinking for a second, closest thing to a literal lol I had today
I thought corporations gave billions to buy elections $112 million seems like chump change
Yep, in 2020 Zuckerberg donated $400 million to Biden. While, I can’t verify, I heard this year he gave $500 million to Trump.
Looks like you were wrong in your assumptions.
It's not really buying the elections. It's simply lobbying both sides (hedging their bets) before the election is run.
Still pretty disgusting. Lobbying with money or any goods in kind should be illegal.
@@dandare1001 If you don't have rules and laws allowing buying influence, you will still have buying influence.
Fair point. The consumer credit industry, which soaks average citizens for billions of dollars in interest payments annually and calls consumer credit "good for the economy," surely donates many times more to these candidates than the crypto industry does.
I read Number Go Up - easy, good read - you understand what a shitshow it all is.
That Billy Winkelvoss, such a character! Always up to shenanigans. 😂
Every video related to crypto the comments are stacks of salty bag holders sandwiched between botted replies promoting crypto scams. What a beautiful world.
Their all salty bag holders unless it's Bitcoin. Then their doing just fine.
I think Patrick would make an excellent SEC chair.
Who could have guessed. American politics is decided by money.
growing a beard, top 2 shirt buttons undone, clashing patterns, and.... is that a tan i detect? okay, I see you King.
“The winklevoss twins, harvards dumbest graduates…” - truer words have never been spoken😅
That's weird they have millions and never work.
@@DixyJane-v7j being smart means being rich
you must be very rich, no?
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Oh dear I've dropped my 'I'd really enjoy a Patrick Reading List Video' all over the floor please nobody trip over it
(thanks for the videos Patrick, immaculate commentary)
Such transparent accounting
As a Finnish dude, it always baffles me when Americans are against the revealing how much tax they payed and such, how much they used to pay to a campaign... We have always had our tax payments on full view of everyone, the taxes are almost automatic here, we don't need to think about them, as the system is quite effective. And if we see some guy is just bankrolling our multiparty system, people aren't happy. We use the taxes to health care and education more effectively and the richest ones can't get away with these kinds of pumping of investing into elections, as those are also open to see for everyone.
There's a reason for being the "happiest" country in the world. We know how everyone is doing so it drops the rate of corruption a significant amount, and everyone is really on the same level of opportunity as it can be, not ideal, but still quite well done.
Main thing is the understanding of "freedom", in USA it's "freedom FROM something" and here it's "freedom TO DO something". And you are free to do everything which isn't against the law, and the laws are really friendly to everyone, keeping people happy in every class of citizens. Still, it's ofc easier to be more wealthy, but the thing that people aren't breaking and entering your property every night is quite a big boon, when everyone is kinda ok with how things are, and you still have the good free health care if your business goes down.
@@ilari90 it baffles me too how our system is so incredibly successful at getting so many mice to vote for the local tomcat.
Vast swaths of American policy are not only not in the general public's best interest but not even in those particular voters' best interests. (My state took hundreds of millions in tax dollars, plus incentives, plus abatements to build a fertilizer plant because Koch industries was gouging farmers, then basically teed up the sale to Koch industries this year)
They have pawned Laffer curve policies for 5 decades. Despite the incredible lack of efficacy people still vote for politicians that promise to create growth by cutting the taxes on the wealthiest.
And that we're going to finance enormous military misadventures by cutting the taxes of the wealthiest etc.
USA has a lot of different campaign finance laws including recording who made donations to whom and when. This includes candidates as well as PACs. There is good reason to be concerned that what we have isn't enough, but we absolutely have reporting and recording requirements. Income taxes can reveal a lot of sensitive personal information so it is kept private, but not all taxes are like that. For example, property taxes are publicly available and searchable. Why do you think it is a free-for-all here?
I was talking about this recently with my wife. I actually can't imagine that everyone would know how much each person is earning - the amount of silent envy would be insufferable. There is a reason colleagues don't know who is earning how much. But I understand in Finland people might think differently.
@@TheGateux It's called here as the "envy days" when the taxes are revealed, only ones that are complaining are the wealthy ones, but even most of them are ok with it, they know they are going to be respected, too by their peers. And for the others, we just want to see how the democracy is done, we need that to make sure no one is using their wealth to buy someone. It still happens, but we are one of the least corrupted country in the polls.
@@username7763 One thing I find ridiculous is that you can put your taxes into religious or "good will" incentives to avoid taxes, and those can be almost anything. Here we have pretty tight laws who can collect money for charity, those need to have pretty strict stuff going on, if they want to be a charity for example. US has that too, but the regulations of making a charity fund is pretty lax compared to Northern Europe. And you can't avoid taxes with those, it's just charity, not tax evasion.
Two major points though:
1. The people who once advertised crypto as a "fight against the establishment" also fought against what crypto has become today, and have largely left the industry, or dedicated their time to research that is much more esoteric than an influencer running a pump and dump. So at least there's no contradiction/hypocrisy there - the crypto enthusiasts of 2011 and the crypto bros post 2017 are two completely separate groups of people.
2. Gensler (at least to my knowledge) is not hated due to his enforcement of certain rules. He's hated because of his selective enforcement of rules. Most notably - people knew that FTX is a scam long before it went bust, but Gensler was complicit in trying to kick every legitimate exchange out of the US, in order to redirect all investor money into an obvious scam, while pretending not to see anything wrong with FTX. His former boss is also a relative of Caroline Edison, basically the second in charge after Sam Bankman Fried, showing clear conflict of interest.
🎯
You've only scratched the surface.
If only the people talking about replacing Gensler wanted to replace him with a stricter head, instead of a crypto crony
i think you are reading too much into FTX collapsing before the SEC could get to them.
its just good legal strategy to go after the more obvious cases and smaller fish first to build precedent and then use that precedent from those cases to make it easier to beat the big players that can throw more money at their defence. FTX just collapsed before the SEC could get to them. there is no obvious bias there.
We are not even yet at the stage where the SEC has won a decisive case naming a lot of the big cryptocurrencies as unregistered securities but we will get there at some point in the next few years unless the crypto exchanges manage to swing their dick around in DC enough to get one of theirs installed a chair to end the justified prosecutions.
It's so frustrating that the public narrative around crypto has been driven by "we don't want to discuss the real thing and any of its implications, we want to let a bunch of scammers make it a fake thing that we can hate".
Representatives of the public should represent the public. By accepting this money and promoting the interests of those few that stand to gain whichever party it may be that will do so will be stab its supporters in the back...
it's a choice, accept the money and betray your electors, or lose the election and honestly represent nobody. That's the system big money donors have intentionally created through lobbying and donations
Much needed reporting. I don't understand how 'Crypto' makes sense - now as it's political behaviour is clear - it is JUST a market 'con'. Breaking the banking 'con' by becoming the banking 'con'.
political behaviour == regulatory capture
I mean it's truly up for sale. We're kinda used to it at this point. We barely notice.
I love Cyberpunk 2077, but I hate how much our world is slipping into that gross corporate reality.
It'd be deliciously ironic if a candidate sucked up all the crypto superpac money and just legislated against the industry when they got into office.
I’d love to see that honestly
I feel like many idealistic, neophyte candidates must make such plans. Then they get into office and realize they have no actual power as an individual.
@@Casey-dy2oo It would be hilarious! But it probably will never happen as no superpac will trust them after that, dooming them to perpetual losses afterwards. We live in a plutocracy.
@@Casey-dy2oo We seriously need smaller electoral districts. Advertising to millions of people for an election win is a recipe for corruption.
Why don't we just skip the middle men. Money for president!
You just described big pharma in your ending comments.
I don't know what conclusions I should be drawing from this comment section, but there is a alarming amount of people (or bots? who knows these days) who either don't remember how crypto clearly started with bad intentions while claiming otherwise, or seem to think there's any redeeming qualities still. It's a bad idea working on a bad system, and it's always been a way to circumvent the current money system, which means it's going to be rife with illegality.
Brilliant video, thanks for sharing
Fantastic breakdown.
Reading through some of the comments here I am reminded that not everyone has watched folding ideas' videos :|
Hah, I was thinking the same - and ironically enough that video was the suggested video to follow this. Might just have to watch it again for the 12th time...
Not to worry, Trump has a concept of a plan.
Perfect, since crypto is a concept of a plan for an economic system
And he's gonna... [accordion hands and silent mouth opening and closing] do it!
[Applause]
Actually... He's minting his own coin offering called World Liberty Financial, which they are hoping to target towards the poors so they can abandon all pretense of pretending to care about humans, and directly prey on those least able to fight back
trump's plan: do jack sh!t...and when the system melts down, blame immigrants and DEI.
I'd give almost ANYTHING to be able to deadpan like Patrick - "Where's he gone now?"
Welcome to America, where we hold our celebrities to a higher standard than our politicians.
Stop getting distracted on all of this political finance and get back to writing your crypto gangster rap songs
19:32 is actually the first time someone has made an argument that has me even slightly thinking it might be a good idea.
If you believed politicians are not puppets, you need to learn more about the par value of corporations to governments.
Aaah,
How refreshing democracy is.
I understand image is important but where are the guitars? Are they counter to your rap rep?
Not a good sign people, and i'm a crypo fan.
All politicians regardless of party affiliation can be bought. Crypto, Cash, Securities all is accepted. Sometimes i feel like the focus on crypto corruption is amplified to help hide corruption elsewhere.
It makes me puke to see all these crypto bros pushing people to vote for Trump because it would be good for crypto... Believing Trump is pro crypto is like believing the stripper really likes you.... And as if crypto was more important than health, education, international policies etc....
billy winklevoss has not been seen since he pitched his big new crypto idea: "a Babbage Engine that only computes a block chain data structure! .... and its made from gold!" The other winklevian aliens shouted back: "no No NO! Billy ... then it would be actually valueble!" The two brothers did a debrief and concluded that Billy's terrible idea was due to him not wearing a Patagonia vest at the time.
crypto is great for corruption
And freedom fat boy
Excellent report!
Thanks for this, it’s obviously way underreported. Very much appreciated!!!!
cryptocurrency IS A SCAM!
It's not
Our political system is run like a gang - so disappointing to see how bought out every single politician is. Both sides are owned by the same people
it's just changing who's on the driver's seat. No matter which politician wins or loses, what policy gets pushed or pull they all still make money.
Remember that when people try to tell you how great democracy is. Democracy is a popularity contest and you need a lot of money for marketing and advertising.
@@username7763 Only if the electoral districts are large as in the U.S. Each candidate in the house represents nearly 1 million people. We need to make our districts smaller to account for our growing population. When the constitution was ratified we had 59 representatives and 4 million people. Now, we have 435 representatives but 340 million people. The corruption is inevitable. We need multimember districts.
Big Orange told the GOP flat out, "You're all worms, I'm going to crush you, and you will all do what I say. Because you are spineless worms." And with a handful of exceptions, he was exactly right. It's beyond disgusting.
once retail is more or less cleared out BTC will be so concentrated it will have no value anymore and the price will collapse.
Adam Smith made that same observation centuries ago. Some people just don't learn.
What does this even mean?
“The Winklevoss Twins, Harvard’s dumbest graduates…” lol Love it. 😂
I vote based purely on a candidates stance on the 2nd amendment. Who is more likely to dissolve the NFA? That's my guy.
Gold's value has nothing to do with its industrial use but more to do with its rarity. But gold has unlimited theoretical supply whereas bitcoin supply is fixed
Man! You need to stop with the finance videos and transition to fashion 👏👏
Very Funny Patrick - Crypto is the gift that keeps giving re funny content.
This is the only authentic and trustworthy financial analyses channel.
Cheers!
Nice jacket.
I'm still angry that I didn't buy bitcoins in 2016
Thanks!
you are the inly one talking abiut this, thank you!
This is a PSA for American voters.
Thank you Patrick.
There's literally no one clean to vote unless you rebuilt the system from the ground up. You can count with the fingers of your hands the somewhat trustworthy politicians left.
@@Jose04537for sure, but right now it's more important to make sure that there even will be a next vote.
Charlie Munger was right all along... Shit Coin
Honestly, of all the companies that could be donating to campaigns, crypto bros are the least dangerous. I'd like to get ALL corporate contributions out of politics, but I'd much rather candidates be getting money from crypto bros than oil companies or the NRA.
nope and they are more dangerous as they can hide putin and other unsavoury dictators backhanding trump
Gosh, we have a long way here in the USA beating El Salvador. What with the entire population already here.
It's always nice to know the purchase price of my representative politicians.
How is this a video he’s getting hate for? I didnt know that scam coins are funding politicians
Nobody should be listening to Maxine Waters about crypto.
Let's cut to the chase here: if I sell my crypto, will it give me a stronger or weaker election?
At least you have a choice with crypto. With fiat money government can just inflate the value of your money away with a money printer.
neither. your actions alone will make no difference.
What?
@@haoguo2056 What do you mean, "what?" I want a long, hard, proud election. So if crypto is being used to buy an election, that's something I am firmly in favor of.
@cisium1184 do you also require your election to be tumescent and throbbing?
Brilliant analysis, thank you
💙
Wonderful. Thanks
Totally not worisome 🤓💁
10:55 Literally an egg head.
This is Horrid
Since the use case for crypto seems so mysterious for you and you're supposed to be knowledgeable about the economy, you might try reading Hayek. Or idk you might try just thinking really hard. Also anyone who understands the nature of a blockchain understands that "but money laundering" is a really clueless concern. It's literally a big public ledger that keeps track of every transaction.
When less than 2% of crypto transactions are for buying/selling goods and the remaining 98% is speculation , that should tell you something.
It is a very expensive game of hot potato, were the last sucker holing it can't find another willing to buy it hoping to find an even bigger sucker.
well done
Microscope analysis no doubt would show that , " Top Hustler Contingent" are the ones accepting the money from Crypto.
Its like : " Hey kid yoo think you can float ... .... ..... around .. .. us ⁉️...c'mon in..."
As always, thanks! Not sure I would ever choose a candidate based on advertising, but information about what is really happening is always helpful.
This is as much a symptom of the ludicrous way that political campaigns are legally funded in the US, as it is crypto per se.
And at least the crypto money is 'in the light' more than most secretive dark money flows into campaigns. (As the ability to put together this video demonstrates.)
That said, there clearly is a vast amount of bad stuff going on in the crypto world, and I'm not at all sure that laws that regulate the more respectable end of the market are going to achieve much.
Organised crime and rouge nations didn't become viable due to crypto. They will find a way regardless.
And SBF was easier to bring to justice than a large number of historical mega-scammers.
A Patrick video about crypto!? OOOOOHHHHMYYYY! I clicked so fast eager for the crypto-bro-jokes! :)
it shouldn't shock, imho, that prosecutors did not want to pursue the campaign contribution charges when they had a slam dunk with the wire fraud charges
look at the track record of conspiracy charges and/or campaign contribution charges that are brought to court in the U.S. neither juries or judges have ever been kind to prosecutors that bring forward these charges, regardless of the robustness of the evidence; while acquittals are not universal, they are so biased against the prosecution that it is plainly not worth pursuing unless you have literally no other avenue for laying charges
How American dream can attract best minds in business and worst minds in politics.
both examples of unbridled ambition.
two sides of the same coin.
Who are those best mind in business in this case ? SBF ? Cuban ?
An unregulated market attract the worst mind in business just as much as politics since it reward lying rather than making a good product/service.
Thank Patrick for the video as always
One thing to note. Your invitee, Zeke argument against the crypto were just false or at least very misleading. And I’m not even from the industry. Humans have not waited for crypto before scamming each other or before performing hacking or before laundering asset. And saying that none of these wouldnt be possible without crypto is just a lie
Incredible video! Thanks for highlighting one of the most insidious aspects of American democracy - we saw the same thing with AIPAC in a couple Democrat primaries this spring.
There’s not a lot of jobs involved in minting crypto, at least at the infrastructure level. Very large data centers full of servers can be managed with 20 people.
Crypto is baseball cards. It's a market where people trade. Someone is going to hold the bag at the end. GME anyone?
It was cammy's fault dood, no wonder he hates cammy so much she's a traditionally sexy and attractive woman that couldn't be censored hard enough by woke-capcom, DSP's worst nightmare other than going outside;. Sexy female characters.
2:53 winning 86% of the time does not mean the super PAC support necessarily caused a change in the outcome, merely decided to put money on the likelier candidate to win. Who I would vote for and who I think will win are different concepts, and which is slightly nicer to realize than thinking amoral and single issue and reckless crypto money will sway such a significant amount of the elections.
Hi I always find you videos and this was no exception even though I own crypto. I buy it for use cases believe it or not lol. I am concerned about big tech domination of the digital landscape so I like to explore possible alternatives, An example of one is the ability to store files in a legally compliant way across many servers rather than a centralized service like Google drive. This service works and has been operational for over a year, you can also build websites on top of it. I don't mention the name because I'm not trying to "pump" anything just giving context. You are correct there aren't many users but that may change in the future who knows. Great video thanks.
Since donations to politicians are so bad, I hope none of Patrick Boyle's hedge funds or investments are doing the same...
Would be a little hypocritical don't you think?
I would also challenge the ridiculous idea that 'most people support the current legislation' since most people aren't even aware of the amount of legislation there is, let alone what it contains or how it can be applied. Most people in power surely do, but look at their results, most people are worse off today than they were just a decade ago.
My poor country is used as epitome of wrong doing. But still I like Patrick's videos. They are informative and helpful to understand things around finance and investment. They have some sarcastic pitch in them and I like it.
I don't do murder for hire often, but when I do, I only use $BTC. The black market is the only use case for crypto.