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 American Right’s Civil War Over Israel w/ David Austin Walsh | The Time of Monsters with Jeet Heer
Much has been written about how the Israel/Palestine conflict is dividing the left, but the
same is true of the right. Tucker Carlson’s interview with the antisemitic critic of Israel Nick
Fuentes has created an intense debate on the right about anti-Zionism and anti-Semitism,
currently playing itself out in turmoil at the Heritage Foundation. I spoke with the historian
David Austin Walsh, whose bookTaking America Back: The Conservative Movement and the Far
Right provides a crucial background for this story.
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* Check out Avocado Green Mattress: https://avocadogreenmattress.com
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Privacy & Opt-Out: https://redcircle.com/privacy
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