I seem to be stuck on the theme of cryptocurrency gaslighting with two weeks ago
More Cryptocurrency Gaslighting and one week ago
Greenwashing. Now I look at cryptocurrency gaslighting in the political arena, where it is termed
astroturfing:
it is defined as the process of seeking electoral victory or legislative relief for grievances by helping political actors find and mobilize a sympathetic public, and is designed to create the image of public consensus where there is none. Astroturfing is the use of fake grassroots efforts that primarily focus on influencing public opinion and typically are funded by corporations and political entities to form opinions.
Currently, the crypto-bros have poured money into primaries, defeated several incumbents deemed to be insufficiently crypto-friendly, and have accumulated an immense war-chest for November's general election. This pot of gold was enough to turn Trump from
crypto-skeptic to
telling Maria Bartiromo:
Who knows, maybe we’ll pay off our $35 trillion dollar [national debt], hand them a little crypto check, right? We’ll hand them a little Bitcoin and wipe away our $35 trillion
Below the fold I discuss the gaslighting the cryptosphere is using in their massive attempt to purchase "regulatory clarity", and what the scale of this investment suggests about the profits they expect to garner if it succeeds.