#web3 programming
Explore tagged Tumblr posts
olivergisttv · 14 days ago
Text
How to Learn Blockchain Development in 2025 Without Spending a Dime
Think blockchain is just about crypto? Think again. In 2025, blockchain powers everything from secure medical records and supply chains to digital identity and global finance. And the best part? You don’t need to be rich—or even a coding genius—to start building on the blockchain. You just need internet access and the right (free) resources. Here’s how to go from zero to blockchain hero without…
0 notes
xiabablog · 2 years ago
Text
Tumblr media
214 notes · View notes
fraoula1 · 4 months ago
Text
Welcome to the Future of Web3 Experiences | Top 10 Essential Tools for Developers
The rise of Web3 is revolutionizing how we interact with digital spaces, empowering users with decentralization, blockchain technology, and smart contracts. But how do you create engaging Web3 experiences? In this video, we explore 10 essential tools every Web3 developer and creator needs to build cutting-edge projects. From Ethereum and Unreal Engine to OpenSea and The Graph, these tools will help you unlock the full potential of Web3!
🔹 What you'll learn:
✅ Why Web3 is the future of the internet
✅ The best tools for building dApps, NFTs, and metaverse experiences
✅ How to integrate blockchain, smart contracts, and 3D graphics ✅ Real-world examples of successful Web3 projects Whether you're a developer, artist, or entrepreneur, these tools will help you shape the next digital revolution. 🔥 Don't forget to like, subscribe, and turn on notifications for more Web3 insights! 📢 Which Web3 tool are you most excited about? Drop a comment below!
youtube
2 notes · View notes
grace-web-development · 9 months ago
Text
2 notes · View notes
idolwebsolutions · 2 years ago
Text
Tumblr media
https://www + your website…..
4 notes · View notes
marsvs-thesun · 4 months ago
Text
LinkedIn is so stupiiiiiid what do you MEAN I should be proficient in autodesk maya. You're looking for a pharmacist!!!
0 notes
williamferandez · 4 months ago
Text
How to Download W3Schools Offline for 2024
W3Schools is one of the most popular online resources for learning web development, offering tutorials on various topics like HTML, CSS, JavaScript, Python, and more. For learners who want to access these tutorials without an internet connection, downloading W3Schools for offline use is a great option.
To download W3Schools offline, there are several methods you can use. One option is using a website downloader tool like HTTrack or WebCopy, which can download the entire website onto your local machine. These tools allow you to store a copy of the tutorials, examples, and reference materials from W3Schools and access them at any time without needing an active internet connection.
However, it's essential to be cautious when using third-party tools. Always make sure that you're following the website's terms of service and not violating any copyrights. Since W3Schools is a free educational resource, it’s important to use its content responsibly and avoid misuse.
Another alternative is looking for mobile apps or PDF compilations of W3Schools tutorials, which are sometimes offered by external developers. These can provide an easy way to access lessons on-the-go, without requiring full website downloads.
Overall, downloading W3Schools offline for 2024 will help you continue your learning journey even when you're not connected to the internet.
1 note · View note
webcreatrztechnologies · 1 year ago
Text
Top Notch Blockchain Development Company
Webcreatrz Technologies, we are a team of dedicated developers and blockchain experts committed to driving the future of Web3 services. Founded by a group of tech professionals, we specialize in delivering cutting-edge blockchain solutions tailored to your needs.
Our Services Include:
✅Metaverse & NFT Development
✅Decentralized Finance (DeFi)
✅Asset Tokenization
✅Security Audits
✅Whitelabel Solutions
✅Dapp/Smart Contract Development
✅Token Launch Consultancy
And much more!
Innovative Solutions for Your Projects:
✅ User-friendly Websites (Frontend & Backend)
✅ Staking Platforms
✅ Decentralized Exchanges (DEX)
✅ Smart Contracts for Secure Transactions
✅ Secure Crypto Wallets
✅ Custom Cryptocurrencies & Tokens
✅ Blockchain Forking Services
✅ Decentralized Applications (dApps)
✅ Crypto Mining & Trading Platforms
✅ Effective ICO Websites
✅ Expert Blockchain Consulting
Proficiency in Key Technologies:
✅ Web3 Development
✅ Solidity Programming
✅ Rust Programming
✅ MERN Stack Development
We’re passionate about crafting innovative solutions that drive success and empower your projects. Ready to bring your blockchain project to life? DM us to discuss your next project!
Webcreatrz Technologies — Innovating the Future, One Block at a Time.
#Blockchain #Web3 #DeFi #NFT #Metaverse #Crypto #SmartContracts #TechInnovation #WebDevelopment
0 notes
cybereliasacademy · 1 year ago
Text
Meet Neurahub - The Perfect Coding Buddy to Help You Learn and Create
Too Long; Didn’t Read Neurahub is an up-and-coming platform allowing users to harness the limitless power of artificial intelligence to learn, create, and earn. Among its numerous AI tools is an AI code generator that can save you time and resources, helping your project get off the ground successfully. The platform requires minimal user input to produce compelling images within seconds.
Tumblr media
View On WordPress
0 notes
kristikinzel12 · 1 year ago
Text
Introducing AxMint : The Binary Earning On Blockchain
Tumblr media
The AxMint project is revolutionizing the blockchain space with its innovative incentivized referral system. This system offers participants the opportunity to earn rewards through periodic minting of AXM Tokens.
AxMint’s primary goal is to nurture community growth and engagement while establishing a decentralized network that benefits all members and drives substantial coin appreciation, targeting a remarkable 1800% growth in market capitalization over the next 5 years.
The project boasts a comprehensive lineup of six products:
AxChain: The blockchain foundation.
AXMScan: The blockchain explorer.
AXM Coin: The native currency of AxChain.
AxMachine Chain Labs: Smart contract development libraries for AxChain.
AxWallet: A custodial Web3 wallet supporting AxChain Network and multiple other blockchain tokens.
AxTrade: A secure cryptocurrency exchange with a multi-asset trading platform.
Quantum Oasis (QOasis): Offering Metaverse Land NFTs on Opensea, enabling minting and trading.
Introducing AXM Token: The AXM Token is developed on the Binance Smart Chain (BSC) platform, serving as a mintable token that empowers network marketing participants.
Token Distribution:
Total Supply: 250,000,000 AXM Tokens.
30% is pre-mined to facilitate initial platform development, partnerships, and community-building efforts.
25% will be pre-mined and locked for the first 6 months. Afterward, 1% will be released monthly for 100 months.
5% is allocated for development and marketing.
The remaining 70% will be gradually released through a controlled mechanism, starting from the project’s launch date, at a rate of 0.04% per day. This approach ensures a fair distribution and encourages long-term participation within the AxMachine ecosystem.
Token Utility: AXM Token has diverse uses within the AxMachine ecosystem, including:
Referral Rewards: Actively engaging in the binary referral system and successfully referring others will earn participants AXM Tokens, distributed transparently through smart contracts.
Token Growth and Sustainability: The gradual release of AXM Tokens at a rate of 0.04% per day is designed to promote a controlled token supply expansion, fostering a stable and sustainable growth model. This strategy incentivizes users to remain engaged in the ecosystem, nurturing a healthy and vibrant community.
AxMint is poised to make waves in the blockchain world, offering a unique blend of innovation, community engagement, and sustainable growth through its AXM Token and ecosystem of products.
Thanks
Website: https://www.axmint.io/
Twitter: https://twitter.com/AxmintDefi
Telegram: https://t.me/AxMintChat
Medium: https://medium.com/@Axmintdefi/
Reddit: https://www.reddit.com/user/Axmint
0 notes
naijabullet · 1 year ago
Text
Global Innovation Fund for Organizations | How to Apply
Here’s an opportunity to apply for the Global Innovation Fund (GIF) which is designed to help organizations like yours grow. This Global Innovation Fund programme is a social impact-first investment vehicle that collaborates with mission-aligned development agencies, philanthropy, and other funders to identify and fund evidence-based innovations that have the potential to improve the lives of…
Tumblr media
View On WordPress
0 notes
waveinfotech01 · 1 year ago
Text
https://medium.com/@Waveinfotech01/pnft-crypto-exchange-development-company-wave-infotech-771b231615d3
NFT / Crypto Exchange Development Company || Wave Infotech 
The advent of cryptocurrencies and Non-Fungible Tokens (NFTs) in the quickly changing field of blockchain technology has sparked enthusiasm and creativity. We at Wave Infotech  NFT development company in chandigarh are leading this change by developing cutting-edge development solutions.
0 notes
gridnet · 2 years ago
Text
JavaScript can now so much more - enter GRIDNET OS - the very first decentralized operating system!
Tumblr media
Step right up, brave innovators and fearless pioneers of the coding world! As you're about to learn, JavaScript can now do so much more! The gates of web3 and beyond await. We're excited to share a groundbreaking new perspective in the development universe that promises to give your creativity an out-of-the-box boost. You've been commanding browsers and Node.js, it's time to command an entire Decentralized Operating System!
In our latest article available here: https://gridnet.org/wpp/index.php/2023/07/08/dao-api-for-next-gen-decentralized-social-platforms/, we take you on a thrilling ride into the heart of GRIDNET OS - the very first decentralized operating system. We promise this isn't your usual tech piece. It's filled with unexpected twists, quirky humor, and a sneak peek into the future of digital infrastructure.
Tired of mundane centralized databases, unreliable hosting services, and paranoid about the looming threat of censorship? Longing for the perfect blend of power, flexibility, and freedom in your work? Enter the universe of decentralized systems and peer-to-peer connectivity (also among web-browsers)!
Our detailed write-up is not just a tutorial, it's a sneak peek into a future where CEOs and governments have no control over your creativity. Imagine a world where your ingenious applications are free from the clutches of 'big tech' and the privacy of your users isn't at stake. Welcome to the era of GRIDNET OS!
We'll introduce you to GridScript and GridScript++, two new kids on the programming language block. Don't worry, they're not as intimidating as they sound. In fact, with JavaScript being your superpower, you'll feel right at home. You can even evaluate them from the comfort of your web browser's scope.
Feeling excited yet? Hold on, there's more! We've got a spicy introduction to our DAO API, available in GridScript++, which we promise, will get your object-oriented neurons firing.
In the mood for a freebie? We're issuing development grants to support your next-gen applications built on GRIDNET OS. Find out more in our article and join our forums for a welcoming package that includes some exciting crypto assets to get you going.
So, brace yourself for a thrilling journey filled with code, laughs, and the future of the internet. Whether you're 'Codey' looking for fresh programming possibilities or 'Clicky' searching for the next big tech investment, we've got something for everyone.
Let's embrace the new dawn of decentralized systems, the power is now in your hands!
Here's to a future built by you, for you! 🚀
Happy Reading!
P.S. Be ready for a wild ride, you'll want to hang on tight to your coffee cup!
1 note · View note
gilbartar · 2 years ago
Text
youtube
0 notes
ankikarekar9 · 2 years ago
Text
Web3 Programming Languages for 2023
Introduction
As the digital landscape continues to evolve, the demand for decentralized applications (DApps) and blockchain-based solutions is growing rapidly. With the advent of web3, developers can now create secure, transparent, and distributed applications using a wide range of programming languages specifically designed for this purpose. web3 programming languages
Choosing the best web3 programming languages can be difficult, particularly for individuals who are new to developing web3 applications. In this list, we will explore some of the top web3 programming languages and provide insights into their strengths and weaknesses, so you can decide which language best suits your needs.
What is a Web3 Programming Language?
Web3 programming languages are specific programming languages designed to build decentralized applications (DApps) that interact with the blockchain. Web3 refers to the internet’s third generation, where people have more say over their data and can transact with each other without intermediaries. The best programming languages for web3 allow developers to create decentralized applications that run on a distributed network of computers rather than on a centralized server. This ensures the application is secure, transparent, and immutable, making it ideal for use cases such as finance, supply chain management, and voting systems.
Web3 programming languages have revolutionized how we build and interact with applications on the internet. As blockchain technology continues to gain in popularity, We may anticipate much more innovation in the web3 programming space, paving the way for a more decentralized and democratized digital world.
Most Popular Programming Languages for Web3
1. Solidity
Solidity is an object-oriented and Turing-complete web3 programming language, and it is arguably the most popular pick among developers for Ethereum smart contracts. However, contrary to popular belief, Solidity can also be used for smart contract development on other blockchains, as long as they are EVM-compatible. Solidity carries influences from well-known, older programming languages like C++, JavaScript, and Python.
2. Go (Golang)
Go is a statically typed language known for its simplicity, speed, and concurrency. It was developed by Google in 2007 and has since become a popular choice as a web3 programming language. Go’s simplicity makes it easy to learn, while its agility and concurrency make it a powerful tool for building scalable web applications. Overall, Go’s simplicity, speed, and strong support for concurrency make it an excellent choice for web3 programming, and it is likely to continue to be a popular choice among developers in the years to come.
3. Rust
Rust is a statically typed web3 programming language with three objectives: safety, speed, and concurrency. Rust brings higher memory efficiency compared to many other web3 programming languages. Rust can also help with the extermination of various bug classes during compliance. Therefore, Rust is good for any web3 applications that ask for high performance.
4. Move
Web3 programming languages are gaining popularity as more developers strive to build decentralized apps on the blockchain. Among the most popular programming languages for web3, Move stands out as a unique language designed specifically for the Libra blockchain. The Move is a safe and secure language that enables developers to write smart contracts for the Libra blockchain. One of the key benefits of using Move is its ability to ensure the safety and security of smart contracts, which is essential in blockchain technology. 
5. Rholang
Rholang is one of the best programming languages for web3 development due to its unique features. It is based on the π-calculus, a mathematical theory of concurrent processes, which makes it well-suited for blockchain systems where transactions occur simultaneously. Rholang is one of the fastest-growing web3 programming languages. The object-oriented approach of the programming language is quite helpful in solving many issues in web3 development. Rather than focusing on the individual component, the programming language evaluates the entire program as a series of functions and solves them sequentially. 
6. Ruby
Ruby is a powerful and dynamic programming language that has become one of the best programming languages for web3 development in recent years. The open-source nature of the programming language, together with the inclusion of APIs and plugins, allows web3 developers to easily and successfully prototype their vision. Ruby has a strong developer community actively contributing to developing tools and libraries that can be used for web3 programming.
7. JavaScript
JavaScript is a web3 programming language widely used by developers to create brilliant, innovative, and scalable web3 commercial solutions. With its ability to handle asynchronous operations and manipulate the Document Object Model (DOM), JavaScript allows developers to design interactive and dynamic user interfaces essential for web3 applications.JavaScript also has a rich ecosystem of libraries and frameworks that can be used to streamline the development process. For example, libraries like Web3.js and ethers.js provide developers with easy-to-use APIs for interacting with blockchain networks.
Conclusion
In conclusion, web3 programming languages have become integral to the blockchain and decentralized applications ecosystem. With the growing popularity of decentralized finance (DeFi), non-fungible tokens (NFTs), and other innovative blockchain use cases, the demand for developers skilled in web3 programming languages has increased significantly. As the web3 ecosystem evolves, developers must stay updated with the latest programming languages and tools to remain relevant in this exciting field. Ultimately, web3 programming languages will be crucial in shaping the future of decentralized applications and blockchain technology.
0 notes
mostlysignssomeportents · 11 months ago
Text
The largest campaign finance violation in US history
Tumblr media
I'm coming to DEFCON! On Aug 9, I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). On Aug 10, I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).
Tumblr media
Earlier this month, some of the richest men in Silicon Valley, led by Marc Andreesen and Ben Horowitz (the billionaire VCs behind Andreesen-Horowitz) announced that they would be backing Trump with endorsements and millions of dollars:
https://www.forbes.com/sites/dereksaul/2024/07/16/trump-lands-more-big-tech-backers-billionaire-venture-capitalist-andreessen-joins-wave-supporting-former-president/
Predictably, this drew a lot of ire, which Andreesen tried to diffuse by insisting that his support "doesn’t have anything to do with the big issues that people care about":
https://www.theverge.com/2024/7/24/24204706/marc-andreessen-ben-horowitz-a16z-trump-donations
In other words, the billionaires backing Trump weren't doing so because they supported the racism, the national abortion ban, the attacks on core human rights, etc. Those were merely tradeoffs that they were willing to make to get the parts of the Trump program they do support: more tax-cuts for the ultra-rich, and, of course, free rein to defraud normies with cryptocurrency Ponzi schemes.
Crypto isn't "money" – it is far too volatile to be a store of value, a unit of account, or a medium of exchange. You'd have to be nuts to get a crypto mortgage when all it takes is Elon Musk tweeting a couple emoji to make your monthly mortgage payment double.
A thing becomes moneylike when it can be used to pay off a bill for something you either must pay for, or strongly desire to pay for. The US dollar's moneylike property comes from the fact that hundreds of millions of people need dollars to pay off the IRS and their state tax bills, which means that they will trade labor and goods for dollars. Even people who don't pay US taxes will accept dollars, because they know they can use them to buy things from people who do have a nondiscretionary bill that can only be paid in dollars.
Dollars are also valuable because there are many important commodities that can only – or primarily – be purchased with them, like much of the world's oil supply. The fact that anyone who wants to buy oil has a strong need for dollars makes dollars valuable, because they will sell labor and goods to get dollars, not because they need dollars, but because they need oil.
There's almost nothing that can only be purchased with crypto. You can procure illegal goods and services in the mistaken belief that this transaction will be durably anonymous, and you can pay off ransomware creeps who have hijacked your personal files or all of your business's data:
https://locusmag.com/2022/09/cory-doctorow-moneylike/
Web3 was sold as a way to make the web more "decentralized," but it's best understood as an effort to make it impossible to use the web without paying crypto every time you click your mouse. If people need crypto to use the internet, then crypto whales will finally have a source of durable liquidity for the tokens they've hoarded:
https://pluralistic.net/2022/09/16/nondiscretionary-liabilities/#quatloos
The Web3 bubble was almost entirely down to the vast hype machine mobilized by Andreesen-Horowitz, who bet billions of dollars on the idea and almost single-handedly created the illusion of demand for crypto. For example, they arranged a $100m bribe to Kickstarter shareholders in exchange for Kickstarter pretending to integrate "blockchain" into its crowdfunding platform:
https://finance.yahoo.com/news/untold-story-kickstarter-crypto-hail-120000205.html
Kickstarter never ended up using the blockchain technology, because it was useless. Their shareholders just pocketed the $100m while the company weathered the waves of scorn from savvy tech users who understood that this was all a shuck.
Look hard enough at any crypto "success" and you'll discover a comparable scam. Remember NFTs, and the eye-popping sums that seemingly "everyone" was willing to pay for ugly JPEGs? That whole market was shot through with "wash-trading" – where you sell your asset to yourself and pretend that it was bought by a third party. It's a cheap – and illegal – way to convince people that something worthless is actually very valuable:
https://mailchi.mp/brianlivingston.com/034-2#free1
Even the books about crypto are scams. Chris Dixon's "bestseller" about the power of crypto, Read Write Own, got on the bestseller list through the publishing equivalent of wash-trading, where VCs with large investments in crypto bought up thousands of copies and shoved them on indifferent employees or just warehoused them:
https://pluralistic.net/2024/02/15/your-new-first-name/#that-dagger-tho
The fact that crypto trades were mostly the same bunch of grifters buying shitcoins from each other, while spending big on Superbowl ads, bribes to Kickstarter shareholders, and bulk-buys of mediocre business-books was bound to come out someday. In the meantime, though, the system worked: it convinced normies to gamble their life's savings on crypto, which they promptly lost (if you can't spot the sucker at the table, you're the sucker).
There's a name for this: it's called a "bezzle." John Kenneth Galbraith defined a "bezzle" as "the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it." All bezzles collapse eventually, but until they do, everyone feels better off. You think you're rich because you just bought a bunch of shitcoins after Matt Damon told you that "fortune favors the brave." Damon feels rich because he got a ton of cash to rope you into the con. Crypto.com feels rich because you took a bunch of your perfectly cromulent "fiat money" that can be used to buy anything and traded it in for shitcoins that can be used to buy nothing:
https://theintercept.com/2022/10/26/matt-damon-crypto-commercial/
Andreesen-Horowitz were masters of the bezzle. For them, the Web3 bet on an internet that you'd have to buy their shitcoins to use was always Plan B. Plan A was much more straightforward: they would back crypto companies and take part of their equity in huge quantities of shitcoins that they could sell to "unqualified investors" (normies) in an "initial coin offering." Normally, this would be illegal: a company can't offer stock to the general public until it's been through an SEC vetting process and "gone public" through an IPO. But (Andreesen-Horowitz argued) their companies' "initial coin offerings" existed in an unregulated grey zone where they could be traded for the life's savings of mom-and-pop investors who thought crypto was real because they heard that Kickstarter had adopted it, and there was a bestselling book about it, and Larry David and Matt Damon and Spike Lee told them it was the next big thing.
Crypto isn't so much a financial innovation as it is a financial obfuscation. "Fintech" is just a cynical synonym for "unregulated bank." Cryptocurrency enjoys a "byzantine premium" – that is, it's so larded with baffling technical nonsense that no one understands how it works, and they assume that anything they don't understand is probably incredibly sophisticated and great ("a pile of shit this big must have pony under it somewhere"):
https://pluralistic.net/2022/03/13/the-byzantine-premium/
There are two threats to the crypto bezzle: the first is that normies will wise up to the scam, and the second is that the government will put a stop to it. These are correlated risks: if the government treats crypto as a security (or worse, a scam), that will put severe limits on how shitcoins can be marketed to normies, which will staunch the influx of real money, so the sole liquidity will come from ransomware payments and transactions with tragically overconfident hitmen and drug dealers who think the blockchain is anonymous.
To keep the bezzle going, crypto scammers have spent the past two election cycles flooding both parties with cash. In the 2022 midterms, crypto money bankrolled primary challenges to Democrats by absolute cranks, like the "effective altruist" Carrick Flynn ("effective altruism" is a crypto-affiliated cult closely associated with the infamous scam-artist Sam Bankman-Fried). Sam Bankman-Fried's super PAC, "Protect Our Future," spent $10m on attack-ads against Flynn's primary opponent, the incumbent Andrea Salinas. Salinas trounced Flynn – who was an objectively very bad candidate who stood no chance of winning the general election – but only at the expense of most of the funds she raised from her grassroots, small-dollar donors.
Fighting off SBF's joke candidate meant that Salinas went into the general election with nearly empty coffers, and she barely squeaked out a win against a GOP nightmare candidate Mike Erickson – a millionaire Oxy trafficker, drunk driver, and philanderer who tricked his then-girlfriend by driving her to a fake abortion clinic and telling her that it was a real one:
https://pluralistic.net/2022/10/14/competitors-critics-customers/#billionaire-dilletantes
SBF is in prison, but there's no shortage of crypto millions for this election cycle. According to Molly White's "Follow the Crypto" tracker, crypto-affiliated PACs have raised $185m to influence the 2024 election – more than the entire energy sector:
https://www.followthecrypto.org/
As with everything "crypto," the cryptocurrency election corruption slushfund is a bezzle. The "Stand With Crypto PAC" claims to have the backing of 1.3 million "crypto advocates," and Reuters claims they have 440,000 backers. But 99% of the money claimed by Stand With Crypto was actually donated to "Fairshake" – a different PAC – and 90% of Fairshake's money comes from a handful of corporate donors:
https://www.citationneeded.news/issue-62/
Stand With Crypto – minus the Fairshake money it falsely claimed – has raised $13,690 since April. That money came from just seven donors, four of whom are employed by Coinbase, for whom Stand With Crypto is a stalking horse. Stand With Crypto has an affiliated group (also called "Stand With Crypto" because that is an extremely normal and forthright way to run a nonprofit!), which has raised millions – $1.49m. Of that $1.49m, 90% came from just four donors: three cryptocurrency companies, and the CEO of Coinbase.
There are plenty of crypto dollars for politicians to fight over, but there are virtually no crypto voters. 69-75% of Americans "view crypto negatively or distrust it":
https://www.pewresearch.org/short-reads/2023/04/10/majority-of-americans-arent-confident-in-the-safety-and-reliability-of-cryptocurrency/
When Trump keynotes the Bitcoin 2024 conference and promises to use public funds to buy $1b worth of cryptocoins, he isn't wooing voters, he's wooing dollars:
https://www.wired.com/story/donald-trump-strategic-bitcoin-stockpile-bitcoin-2024/
Wooing dollars, not crypto. Politicians aren't raising funds in crypto, because you can't buy ads or pay campaign staff with shitcoins. Remember: unless Andreesen-Horowitz manages to install Web3 crypto tollbooths all over the internet, the industries that accept crypto are ransomware, and technologically overconfident hit-men and drug-dealers. To win elections, you need dollars, which crypto hustlers get by convincing normies to give them real money in exchange for shitcoins, and they are only funding politicians who will make it easier to do that.
As a political matter, "crypto" is a shorthand for "allowing scammers to steal from working people," which makes it a very Republican issue. As Hamilton Nolan writes, "If the Republicans want to position themselves as the Party of Crypto, let them. It is similar to how they position themselves as The Party of Racism and the Party of Religious Zealots and the Party of Telling Lies about Election Fraud. These things actually reflect poorly on them, the Republicans":
https://www.hamiltonnolan.com/p/crypto-as-a-political-characteristic
But the Democrats – who are riding high on the news that Kamala Harris will be their candidate this fall – have decided that they want some of that crypto money, too. Even as crypto-skeptical Dems like Jamaal Bowman, Cori Bush, Sherrod Brown and Jon Tester see millions from crypto PACs flooding in to support their primary challengers and GOP opponents, a group of Dem politicians are promising to give the crypto industry whatever it wants, if they will only bribe Democratic candidates as well:
https://subscriber.politicopro.com/f/?id=00000190-f475-d94b-a79f-fc77c9400000
Kamala Harris – a genuinely popular candidate who has raised record-shattering sums from small-dollar donors representing millions of Americans – herself has called for a "reset" of the relationship between the crypto sector and the Dems:
https://archive.is/iYd1C
As Luke Goldstein writes in The American Prospect, sucking up to crypto scammers so they stop giving your opponents millions of dollars to run attack ads against you is a strategy with no end – you have to keep sucking up to the scam, otherwise the attack ads come out:
https://prospect.org/politics/2024-07-31-crypto-cash-affecting-democratic-races/
There's a whole menagerie of crypto billionaires behind this year's attempt to buy the American government – Andreesen and Horowitz, of course, but also the Winklevoss twins, and this guy, who says we're in the midst of a "civil war" and "anyone that votes against Trump can die in a fucking fire":
https://twitter.com/molly0xFFF/status/1813952816840597712/photo/1
But the real whale that's backstopping the crypto campaign spending is Coinbase, through its Fairshake crypto PAC. Coinbase has donated $45,500,000 to Fairshake, which is a lot:
https://www.coinbase.com/blog/how-to-get-regulatory-clarity-for-crypto
But $45.5m isn't merely a large campaign contribution: it appears that $25m of that is the largest the largest illegal campaign contribution by a federal contractor in history, "by far," a fact that was sleuthed out by Molly White:
https://www.citationneeded.news/coinbase-campaign-finance-violation/
At issue is the fact that Coinbase is bidding to be a US federal contractor: specifically, they want to manage the crypto wallets that US federal cops keep seizing from crime kingpins. Once Coinbase threw its hat into the federal contracting ring, it disqualified itself from donating to politicians or funding PACs:
Campaign finance law prohibits federal government contractors from making contributions, or promising to make contributions, to political entities including super PACs like Fairshake.
https://www.fec.gov/help-candidates-and-committees/federal-government-contractors/
Previous to this, the largest ever illegal campaign contribution by a federal contractor appears to be Marathon Petroleum Company's 2022 bribe to GOP House and Senate super PACs, a mere $1m, only 4% of Coinbase's bribe.
I'm with Nolan on this one. Let the GOP chase millions from billionaires everyone hates who expect them to promote a scam that everyone mistrusts. The Dems have finally found a candidate that people are excited about, and they're awash in money thanks to small amounts contributed by everyday Americans. As AOC put it:
They've got money, but we've got people. Dollar bills don't vote. People vote.
https://www.popsugar.com/news/alexandria-ocasio-cortez-dnc-headquarters-climate-speech-47986992
Tumblr media
Support me this summer on the Clarion Write-A-Thon and help raise money for the Clarion Science Fiction and Fantasy Writers' Workshop!
Tumblr media
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/07/31/greater-fools/#coinbased
433 notes · View notes