The Most Powerful Crypto Bro in Washington Has Very Weird Beliefs

Brian Armstrong is the CEO of the largest cryptocurrency exchange in the U.S. The 41-year-old billionaire CEO of Coinbase has been lobbying for friendly regulations for his industry.

While pitching crypto as a tool for economic opportunity to the rubes in Congress , he harbors radical ideas about crypto’s true purpose.

Politicians across the spectrum are openly embracing Armstrong and the scammy, crime-fueling, environmentally destructive industry.

Terrorist groups like Hezbollah and North Korea are big fans of crypto.

The industry also devours water, which is used in cooling systems in crypto data centers.

Despite this parade of red flags, Congress remains hesitant to crack down on the industry.

Being anti-crypto is political suicide, says Armstrong Armstrong , who says it's suicide to oppose crypto because the industry will pour money into your opponent's campaign.

In an economic policy document released by her campaign on Thursday , Harris said she would “encourage innovative technologies like AI and digital assets.

But it’s not clear whether they grasp the inherently extremist politics of crypto, with its seditious fantasies of sovereignty.

In The Politics of Bitcoin: Software as Software as Right-Wing Extremism, David Golumbia outlined how crypto projects like bitcoin are rooted in right-wing ideas.