Despite its comparatively small size and the continued absence of any obvious mainstream utility, the crypto industry is hurling more money than any other at the US general election.
After I walked into the Denver Sports Castle, a massive former sporting goods store turned events space that served as ETHDenver’s main venue, the first panel I caught was about using blockchains to build “public goods.” Another was titled “Navigating the Web3 Workforce as a BIPOC, Queer, Marginalized Individual.” (The overall crowd skewed heavily white and male.) Aesthetically, ETHDenver embraced a spirit of collaborative, LARPish make-believe; there was quite a bit of talk about the Bufficorn, the cartoon buffalo-unicorn hybrid that was the event’s NFT mascot.(It fuses the magic of the unicorn with the strength of the buffalo.) People communicated with all manner of cheerful memes: gm, for “good morning,” was the universal greeting, regardless of the time of day; wagmi meant “we’re all gonna make it.
The majority of political donations from the crypto industry are being fed through a trio of affiliated super political action committees (PACs): Fairshake, Protect Progress, and Defend American Jobs.
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