Tell your governor: Don’t gamble our retirement on crypto

Don't let Crypto billionaires leave public workers holding the bag.

The crypto crash is coming, Pamela. More than 15 years after the first Bitcoin was mined, the only thing cryptocurrency is useful for is money laundering, scams, and speculation. Even famous conman Donald Trump was against crypto until the industry spent tens of millions on his 2024 re-election campaign and he realized he could make a pile of money through this scam. With the blessing of the President and millions of dollars in their SuperPACs, crypto lobbyists are now trying to get their hands on the $6 trillion in public pension fund assets. They're now working to force state leaders to gamble both taxpayer money and public pension funds into volatile and unpredictable cryptocurrencies. No one's hard earned pension and retirement should be wiped out in the Crypto Crash. Tell your governor to veto the crypto lobby's takeover of your public pension systems! Say NO to investing crypto in public pensions → The Crypto SuperPACs that spent hundreds of millions of dollars on the 2024 election aren't pushing public investment in crypto out of the good of their hearts. The vast majority of all cryptocurrency is owned by very few people. These early adopters know the "value" of their crypto won't keep climbing forever, but they can't sell without crashing the markets. Getting the politicians that they bought and paid for to buy crypto in huge quantities is how these crypto billionaires convert their worthless thumbdrives into hard dollars―and when the crash comes, Americans will be the ones who pay the price. The scary thing is, their plan is working! 16 states are already considering bills that would put our money into crypto. Wisconsin - who has the 9th largest pension fund in the country - has already taken the extraordinary step by plowing $162 million in bitcoin. This can't continue to happen, Pamela. States should not gamble away our retirement funds in a blatant scam like crypto. This fraud targets hard working Americans - like public school teachers and firefighters ― who spent their careers paying into pension funds to ensure that they'll be able to retire in dignity. We still have a chance to stop this scam: Tell your governor to REJECT the crypto lobby takeover of our public pension systems. Tell your governor: Veto legislation that invests crypto in public pensions → Thank you, Mike Phelan Progress America Paid for by Progress America, a project of Strategy & Hustle   Sent via ActionNetwork.org. To update your email address, change your name or address, or to stop receiving emails from Progress America, please click here.