• Two Republican candidates, Jimmy Patronis and Randy Fine, have snagged wins in their respective congressional primaries for a special election.
• Both campaigns were backed by a cryptocurrency-supported political action committee (PAC), namely, the Defend American Jobs PAC.
• This PAC, an affiliate of Fairshake, poured in more than $700,000 to boost Patronis and Fine’s chances.
• The Defend American Jobs PAC notably racked up a whopping $131 million expenditure in the 2024 election.
Crypto Goes Political
Influence worth Every Satoshi
Jimmy Patronis and Randy Fine: Crypto’s Poster Boys
Welcome to the brave new world where crypto does more than just disrupt the financial markets – it’s gone political. Now, isn’t that a bitcoin boatload of interesting news! Gone are the days where thinly-veiled campaign donors backed politicians. We’ve entered an era where the support is open, transparent and powered by cryptocurrencies. By pumping in more than $700,000 to support Jimmy Patronis and Randy Fine, the Defend American Jobs PAC shows that crypto can undoubtedly pack a punch in political arenas as well. As crypto continues to gain traction on practically every front, remember this event as the one where Satoshi started dabbling in politics. But let’s hold on to our digital wallets as we watch the further unfolding of this curious mixture of crypto and politics — it’s sure to be a wild ride.
#Cryptocurrency #Bitcoin #Politics #DefendAmericanJobsPAC #JimmyPatronis #RandyFine
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