Crypto Bought The 2024 Election!

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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[haxney]

YouTube apparently tagged this video "funny finance videos", when this is really a rap news channel.

[Consoneer]

8:51 "CELEBRITIES, IT TURNS OUT, TOOK MORE HEAT for accepting advertising money from FTX than politicians did for accepting donations" It's true and it's INSANE.

[JD-vjgo]

We should ban corporate donations to political candidates. Problem solved.

[CuteSkyler]

It's really interesting how a digital asset made to be anti-government has people donating to politicians to enforce it, really makes you think.

[robwayne]

Patrick, you truly are one of the best financial commentators out there. Thank you for sharing this information. More people need to hear it.

[javonyounger]

Don't you jsut love how corruption is legalized?

[antoniovillanueva]

To the moon!
Yes, send the crypto folks to the moon.

[chasg]

The sheer scale of crypto political contributions should be a huge warning flag to politicians that something stinks. Unfortunately, politicians tend to be deeply uninformed about technical things and very informed about the cost of running campaign ads.

[squelchedotter]

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.

[rtoficl]

Crypto 2010 : Disrupting Worldwide Trade & Banks 💪🏻
Crypto 2024 : Daddy SEC please approve Crypto ETF 💅

[undefinedother]

The "Industry" of using computing power and energy to solve useless cryptographic equations in order to increase a number on a peer shared ledger?...

[sarat]

growing a beard, top 2 shirt buttons undone, clashing patterns, and.... is that a tan i detect? okay, I see you King.

[patriciasanchezwebb]

Defend American Jobs. What a cynical name for a crypto super-pac.

[CapitalisticEmu]

Also, the sheer number of billionaires with deep vested interest vying for administration jobs on both the Rep and Dem sides is scary. Some, like Musk and Cuban are openly mentioning what they want (like which specific role) and then paying $$$ to the campaigns, while others like Powell-Jobs seem to have been more discreet about it. How is this legal?!😮

[Waldohasaskit]

The moral of the story is don't trust advertisements of any kind but especially the political ones

[erranzimmermann]

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.

[sihlemaqina]

How America is still considered a democracy is completely baffling. Greatest mystery in the world.

[bob]

Mr. Boyle, thank you. The reality is worse than I imagined. Thanks for getting this out before the election.

[jimbotheimpaler]

Every video related to crypto the comments are stacks of salty bag holders sandwiched between botted replies promoting crypto scams. What a beautiful world.

[NatesRandomVideo]

Politicians are “cozying up
to crypto” because it’s so good at money laundering. lol 😂