Monday, April 11, 2022

GET ME REWRITE: Apparently, this clown doesn't realize he's Exhibit A in the cryptocurrency pay-to-play storyline

 

Headline:  New York Times, 4/10/2022
“Whether you’re Binance or Ethereum, Dogecoin or Bitcoin, this is a great bill,” said Representative John Snyder, a Palm City Republican, referring to crypto exchanges and coins. Shortly afterward, the House voted unanimously to pass the measure. 
The Senate followed, sending the bill to Gov. Ron DeSantis for his signature after 75 seconds of deliberations. Florida’s warm embrace of the cryptocurrency agenda is just the tip of an aggressive industry-led push to position states as crypto-friendly beachheads. 
Across the nation, crypto executives and lobbyists are helping to draft bills to benefit the fast-growing industry, then pushing lawmakers to adopt these made-to-order laws, before moving rapidly to profit from the legislative victories.
But wait, there's more!!
In the future, the company plans to raise money for crypto-friendly legislators in Florida, said Michael Kesti, Bit5ive’s lobbyist. The legislative affairs director of the Florida blockchain association, Jason Holloway, is already running for the State House, with donations — some in cryptocurrency — from Mr. Armes and others.  
I don’t want it to seem like we are paying for the influence,” Mr. Kesti said. “But we do want to support them.”  [emphasis added]

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