“This sounds like advertising,” Todd Phillips, an expert in crypto at the Klaros Group, told the Guardian. He said “Paying the fighters in the USD1 stablecoin would have the same economic function as writing them a check but announcing to the world they are doing it in USD1 sounds like they are adverting to the world that USD1 is out there and that it is connected to the UFC and the White House.

Cash that crap in immediately

Crypto boosters are quick to claim that the great thing about crypto is that it is completely transparent. Anybody can see any transaction.

But the opposite is true. You might be able to see a bunch of numbers, but if people don't wish to reveal their identity, it is difficult-to-impossible to figure out who the parties to the transaction are or the purpose of the transactions.

That is true of the big cryptos (Bitcoin, Ethereum, etc.) It is 100X less transparent with these pop-up cryptos like Trump coins. They are all about money laundering and other crimes.

All of this is a massive pay-to-play system, and Democrats should be saying that loud and clear every day. I heard Booker make that case forcefully yesterday. More of that, please. And we need to tie all of these bribe schemes to the suffering average Americans are enduring.

As an aside, courage is contagious. First it was Bernie. Then it was AOC who was willing to shout the truth, knowing that she would be pummeled, often by her own party. Then Newsom and Pritzker joined in. Then Mamdani took it to the next level by campaigning on a very specific set of progressive policies for NYC. The establishment lost their shit. But Mamdani won, and he had a mandate, and those progressive policies are working. And Platner has taken the clear focus of Mamdani and beat the "safe" candidate whom practically all the Dem insiders were pushing.

Now Ossoff and Booker are bringing it. Andy Beshear started his presidential run with a podcast that sounded like, "Gee golly, let's all just get along like I do here in Kentucky." But if you listen to him, he is learning that this is no time for "Gee, golly". He is starting to amp it up. And Talarico is bringing a firm but progressive Christian voice to the dialog, as is Rev. Warnock.

Courage is contagious. The American people have been begging for this for 20 years. Americans are not looking for, "Reach across the aisle." They know what is on the other side of that aisle, and it sucks. Americans are in an "Eat the rich" mode, and the candidates that offer strategies and legislation to turn this around will be successful. Keep it coming.

front of the white house is a place for this. I am not against UFC or motor sports but this just lowers the image of the white house as a place of respect.

Matthew28 wrote, "front of the white house is a place for this. I am not against UFC or motor sports but this just lowers the image of the white house as a place of respect."

Matthew, that is the point of doing it there. They trash everything as they go to destroy any respect for the national institutions. And once those are destroyed? Ouch.

than brain, apparently.