The hidden influence of venture capital on Bitcoin and the global economy

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These connections facilitated the infusion of substantial capital into nascent industries, shaping the modern VC landscape and the modern surveillance state by creating the military-industrial complex that President Eisenhower warned the American people about in his farewell address.

Funds like Saudi Arabia’s Public Investment Fund and Singapore’s Temasek Holdings became major players in the VC arena, often co-investing with Western financial institutions and blurring the lines of national interest in favor of international corporatism.

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Article Details

Author / Journalist: Kurt Wuckert Jr

Category: Crypto

Markets: CanadaGermanySaudi ArabiaSingapore

Topics: United States Venture capital Founders Fund Larry Fink Donald Trump Palantir Technologies Peter Thiel Grift Narya Capital JD Vance Digital Currency Group Editorial BlackRock Barry Silbert Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 13:00:46 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1935 words

Reading Time: 11 minutes read

Sentences: 80 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21751756

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