Thursday, December 12, 2024

The crypto industry's impact on the 2024 US elections shows that crypto is a perfect anti-establishment tech for the turbulence and distrust of the 2020s (Charlie Warzel/The Atlantic)

Charlie Warzel / The Atlantic:
The crypto industry's impact on the 2024 US elections shows that crypto is a perfect anti-establishment tech for the turbulence and distrust of the 2020s  —  An anti-establishment technology for an anti-establishment age  —  For years, crypto skeptics have asked, What is this for?



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Analysis: ~1M $TRUMP retail buyers lost a combined $3.81B, while ~500K mostly-early wallets captured $4B in gains, a textbook memecoin wealth transfer (New York Times)

New York Times : Analysis: ~1M $TRUMP retail buyers lost a combined $3.81B, while ~500K mostly-early wallets captured $4B in gains, a tex...