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March 28, 2022

How Electronic Currency Helps Right-Wing Anti-Semites

Crypto-fascism.

Since 2016, and especially since the notorious 2017 “Unite the Right” rally in Charlottesville, neo-Nazi and extreme-right groups have sought with some success to raise funds in cryptocurrency. These Internet-based forms of money are not backed by national governments, and often come with sophisticated privacy measures, which make them ideal for groups that want to avoid regulation, or that have been banned by credit-card companies and services such as PayPal. Daveed Gartenstein-Ross, Varsha Koduvayur, and Samuel Hodgson explain the problem:

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