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In many ways, white nationalists were the big losers after the Unite the Right rally in Charlottesville in August. First, they lost web hosting for neo-Nazi hives like Stormfront. Some far-right attendees lost access to Uber or their social media accounts. Others lost meeting venues and were driven out of subsequent public spaces during follow-up rallies. And of course, some attendees, such as those who were exposed in photos taken at the infamous torch-lit march the night before the rally, lost their jobs. In that time, they were also essentially forced to invest in bitcoin, and after the cryptocurrency’s meteoric rise throughout 2017, that financial move has broadened their wealth significantly. After the Charlottesville protests, many white nationalists lost access to money-transfer services like Apple Pay and PayPal, and therefore turned to bitcoin, doubling down on their investment or creating wallets to experiment with the apolitical cryptocurrency. Neo-Nazi wealth is rapidly growing thanks to Bitcoin. |
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