“Super PACs backed by the cryptocurrency sector have raised more than $102 million, the third-most of all super PACs engaged in the 2024 election, according data from Opensecrets.org.“
“Cryptocurrency” isn’t currency. It’s a scam. It takes in cash and gives you nothing. You can buy more things with Apple Pay than you can with cryptocurrency.
The weak argument is that cryptocurrency is finite. And that’s a weakness not a strength.
https://www.esquire.com/news-politics/politics/a60722701/cryptocurrency-super-pacs-election/
@feloneouscat one could argue cash does do that - when you consider all the electronic bank transactions that happen every day, every hour, every second by almost everyone who uses anything like contactless payments, Apple/google pay, making bank transfers online, online shopping etc....all use energy to make them happen
It’s a weak argument as all of the above still have greenbacks as the final destination.
Crypto is like using stocks certs to pay for things.
So, no, it’s not the same. Don’t confuse how a transaction is made with what it is made with.
Crypto needs energy to work (and it is a horrendous energy hog).