How Crypto Corruption Took Over Washington
On this episode of The Time of Monsters, Jacob Silverman on why it’s hard to regulate the high tech ponzi economics.
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How Crypto Corruption Took Over Washington | Time of Monsters with Jeet Heer
On this episode of The Time of Monsters, Jacob Silverman on why it’s hard to regulate the high tech ponzi economics.
Over the last few years, crypto-currency has emerged as a political powerhouse, thanks to tens of billions in campaign donations. As Jacob Silverman reports in a recent feature in The Nation, “crypto, despite being a relative flop commercially, has infiltrated American politics.” This is most bluntly obvious in Donald Trump, who has become a crypto king in corrupt schemes that have enriched him and his family in billions of dollars. But almost as corrupt are the members of congress, of both parties, reluctant to regulate crypto. I talked to Jacob about the dangers crypto poses to the American economy and to American democracy.
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A cartoon image of US President Donald Trump with Bitcoin tokens at a Coinhero store in Hong Kong, China, on Friday, March 7, 2025.
(Leung Man Hei / Bloomberg via Getty Images)Over the last few years, crypto currency has emerged as a political powerhouse, thanks to tens of billions in campaign donations. As Jacob Silverman reports in a recent feature in The Nation, “crypto, despite being a relative flop commercially, has infiltrated American politics.” This is most bluntly obvious in Donald Trump, who has become a crypto king in corrupt schemes that have enriched him and his family in billions of dollars. But almost as corrupt are the members of Congress, of both parties, reluctant to regulate crypto. I talked to Jacob about the dangers crypto poses to the American economy and to American democracy.
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The Nation Podcasts
Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.
The Living Legacy of Norman Podhoretz w/ David Klion and Ronnie Grinberg | The Time of Monsters with Jeet Heer
Norman Podhoretz, one of the founding fathers of neoconservatism, died on December 16 at
age 95. His legacy is a complex one, since in recent decades neoconservatism has been
supplanted in many ways by American First conservatism. But many aspects of Podhoretz’s
influence still play a shaping role on right. I take up Podhoretz’s career with David Klion (who
wrote an obituary for the pundit for The Nation) and the historian Ronnie Grinberg, who had
discussed Podhoretz in her book Write Like a Man.
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