This week we're hearing about the Genius Act, but what's happening at the local level is that when these crypto mines come in, they're also getting these really sweetheart tax deals. There's almost no regulation on the actual mines that are doing the crypto mining. It's corrupt and they're getting all these privileges and they're getting all of these handouts all the way up from the local to the federal level.
Candice Bernd returns to This Is Hell! to discuss her recent writing at The American Prospect, "The Crypto Racket." After the interview, we hear a classic "Moment of Truth" from Jeff Dorchen.