Europe’s right-wing political groups find cause in crypto

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For some European right-wing politicians, Bitcoin and other cryptocurrencies align with their vision of a world free of government control. But does that make crypto right-wing?

Right-wing extremists rely on crypto payments

Crypto payments are not a new tool for ultranationalists and European extremist groups proclaiming the superiority of the “white race” and advocating for a “white” Europe and North America. In fact, they are among the early adopters of the technology, accepting BTC donations as early as 2012, according to the MEMRI.a list of extremist groups accepting crypto donations.

While crypto itself is not inherently Right or Left, it is not without ideology, nor is it completely free of political positions — even if its political relations are indirect. Politicians can like it or hate it, regardless of their political persuasion, and support for cryptocurrencies among politicians is not limited to those leaning toward the Right.

 

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While the crypto industry is often associated with decentralization, innovation and financial freedom, it is not immune to various political ideologies and influences, and right-wing movements are no exception.

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