In this episode we discusses the political landscape of Bitcoin, focusing on Trump’s recent Bitcoin-friendly stance and its implications. We explore the need for a Democratic Bitcoin strategy, the importance of grassroots education, and how Bitcoin aligns with progressive values, emphasizing its potential for global financial inclusion and environmental benefits. In a crucial election year, these issues, and bitcoin education for everyone, including progressives and democrats, is more important than ever.
My guest today is Jason Maier. Jason is a high school math teacher, educator, and author of “A Progressive’s Case for Bitcoin.”
My sweet, summer child. Democrats would never have accessed that money, because it’s mostly coming from foreign sources that are not supposed to influence campaigns. But Trump has no such qualms. He is limited not by what the laws say, but by what he can get away with. (Plus, he is banking on winning this next election and not being subject to laws anyway.)
Foreigners have easier ways to influence elections than donating to crypto PACs specifically, some of which are bipartisan. Like, you know, donating directly to a candidate or a PAC which only funds a single candidate.
Crypto PACs are also funded by massive corporations that are directly involved in or invested in crypto: Cash app, Venmo, basically every major tech company, Coinbase, strike payments, Kraken, your favorite hedge fund, etc. Oh, and regular idiots like me. Keep in mind that parts of “big tech” lean dem and gladly fund dem or dem-adjacent initiatives. Though, like everywhere, some also lean right.