The sinister influence of crypto billionaires on our politics | Letters
Readers respond to the news that Christopher Harborne has given £36m to Reform UK, matching a donation from Ben DeloCryptocurrency is often sold as decentralised and democratic, yet its real behaviour resembles gravity: wealth is pulled inexorably into a few vast centres while draining from everyone else (Christopher Harborne matches £36m Reform donation of Ben Delo, 12 September). Early adopters, insiders and whales acquire huge holdings at negligible cost. Their size then shapes the market, drawing in ordinary investors whose…
Source: www.theguardian.com