https://www.citationneeded.news/follow-the-crypto/
"Did you know that the cryptocurrency industry has spent more on 2024 elections
in the United States than the oil industry? More than the pharmaceutical
industry?
In fact, the cryptocurrency industry has spent more on 2024 elections than the
entire energy sector put together. These industries, all worth hundreds of
billions or trillions of dollars, are being outspent by an industry that, even
by generous estimates, is worth less than $20 billion.
Unlike most other industries, people really like to estimate the “size” of the
cryptocurrency industry by the total market cap of all cryptocurrencies (a
notoriously inaccurate number). Estimates based on traditional metrics vary
widely from low single-digit billions to around $20 billion, although the
higher numbers are typically projections rather than historical data.
Most of the cryptocurrency industry’s money is going to massive super PACs like
Fairshake — that is, single-issue committees focused only on installing
crypto-friendly politicians and ousting those the industry views as a threat."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
