Cryptocurrency Rout Now in Full Swing

Sad news today. Yesterday’s cryptocurrency rout is continuing. Bitcoin toyed with $10,000 yesterday, but then recovered slightly, only to plunge right on through this morning. It’s at $9,916 as I write this, but I’m sure that will change by the time you read it. I wonder what all those miners are going to do with their racks and racks of specialized servers that are good for nothing other than performing useless proof of work calculations?

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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