I was going to make essentially the same point. I may have too much political experience for my emotional reaction to be worth anything in judging how a normal voter would feel, but to me, half or more of the money coming from one person feels like a big deal. Less than half feels like something that would receive criticism but that I would generally write it off as sour grapes.
The fact that it’s crypto money specifically probably matters a lot. The partisan valence of crypto among average people is pretty right-wing because of bitcoiners’ libertarian fantasies. In a more rational world that wouldn’t affect perceptions of crypto generally but in this world it does. This may be too expensive to be worth it, but if SBF is really going to be spending a lot of money on Democratic primaries he may want to give some consideration to how to rehabilitate the image of non-BTC cryptocurrencies among Dem voters.
I was going to make essentially the same point. I may have too much political experience for my emotional reaction to be worth anything in judging how a normal voter would feel, but to me, half or more of the money coming from one person feels like a big deal. Less than half feels like something that would receive criticism but that I would generally write it off as sour grapes.
The fact that it’s crypto money specifically probably matters a lot. The partisan valence of crypto among average people is pretty right-wing because of bitcoiners’ libertarian fantasies. In a more rational world that wouldn’t affect perceptions of crypto generally but in this world it does. This may be too expensive to be worth it, but if SBF is really going to be spending a lot of money on Democratic primaries he may want to give some consideration to how to rehabilitate the image of non-BTC cryptocurrencies among Dem voters.