The Nerd Reich Crypto vs Democracy: How Bitcoin Billionaires Are Buying Congress w/ Molly White and Dave Troy
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Jul 11, 2025 
Molly White, creator of Web3 Is Going Just Great, and Dave Troy, independent journalist behind America 2.0, dive into the hidden links between cryptocurrency and political extremism. They explore how crypto advocates like Coinbase's Brian Armstrong aim to reshape governance and undermine democracy. The duo exposes the so-called 'Crypto Corruption Bill' and the surprising support from Democrats. With alarming insights, they warn of the geopolitical chaos crypto can unleash and the looming risk of financial collapse unless decisive action is taken.
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Crypto As A Political Project
- Crypto is more than volatile digital money; it's a coordinated political project to reshape power and governance.
- The movement traces roots to anti-government extremism and a desire to escape state-controlled monetary systems.
Origins: From Crisis To Speculation
- Bitcoin began as a reaction to the 2008 financial crisis and distrust of banks and fiat currency.
- It was designed for peer-to-peer transactions and scarcity, but evolved mostly into a speculative asset.
Ideology Shifts Toward The Right
- Crypto ideology often aligns with anti-government and right-wing currents, though the ecosystem contains diverse views.
- Major industry players have increasingly aligned politically with conservative figures and power structures.
