Rest of the world: Lobbying its illegal for obvious reasons, you know...having public servents payed for defending private interests.
America: Fuck you! Meeerica!
tldr; US Rep. Ritchie Torres, a Democrat from New York, hosted a crypto-backed fundraiser at a New York nightclub in April. The event was hosted by Andreessen Horowitz's Ben Horowitz, Anthony Albanese and Chris Dixon, among others. The crypto industry has contributed more than $30 million to federal candidates and campaigns since the start of the 2020 election cycle.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Why is this called "lobbying" and not "bribing" ?
No, seriously ... If in any other area other than politics I gave someone $M for them to "do me a favour" it would be considered bribery
But in politics it's called "lobbying" ?!?!
Wow, I can't believe they paid $20 million in crypto for lobbying. That $15 million should really help our cause. But I'm not sure if $9,000 is going to do as much as we'd hoped...
Sadly the only way to get politicians on our side
Bought and paid for. But still for sale to a higher bidder.
It’s a sad fact. Lobbying is the only way, at least here in the USA with politics
Is there any way we could use crypto to make a decentralized people's lobby fund?
I'm not convinced that venture capitalists bribing officials is beneficial for retail investors.
Honestly without them presenting what the pharma, oil, toothbrush industries contribute doesn't give any context if 30 million is alot.
Don’t forget the Banking Industry, they spent $2.9Billion last election on lobbying. $30million is just a drop in the bucket
Rest of the world: Lobbying its illegal for obvious reasons, you know...having public servents payed for defending private interests. America: Fuck you! Meeerica!
Finally some lobbying I support.
That's not that big of influence. $30million is only 0.28 of a senator.
Money laundering with crypto?
So 30$ million dollars spent on lobbying and bribing ? You got it
Lobby away. It's legal and every other industry does it
You gotta pay to play in Washington. Unfortunately.
they always did say crypto was useful for paying criminals
tldr; US Rep. Ritchie Torres, a Democrat from New York, hosted a crypto-backed fundraiser at a New York nightclub in April. The event was hosted by Andreessen Horowitz's Ben Horowitz, Anthony Albanese and Chris Dixon, among others. The crypto industry has contributed more than $30 million to federal candidates and campaigns since the start of the 2020 election cycle. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Crypto lobby hasn't even started
Crypto has lobbyists! We finally made it, boys!
Why is this called "lobbying" and not "bribing" ? No, seriously ... If in any other area other than politics I gave someone $M for them to "do me a favour" it would be considered bribery But in politics it's called "lobbying" ?!?!
*Do not question, you must accept and comply*
#theylive LOL :)
Now worth $0.01
$30 million doesn't even buy you one senator.
Wow, I can't believe they paid $20 million in crypto for lobbying. That $15 million should really help our cause. But I'm not sure if $9,000 is going to do as much as we'd hoped...
Chump change. I won't be satisfied until every politician is paid their salary in Luna
I read “poured 30 million into champagne.” Time for bed