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AIBU to question why crypto investors are heavily funding Reform?

254 replies

BermudaRhombus · 12/09/2026 08:42

To wonder why cryptocurrency investors are donating so much money to Reform. This follows the announcement of a £36m donation from another cryptocurrency billionaire (a record donation for a UK political party). It means that by far the majority of their funding comes from crypto investors.

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EasternStandard · 13/09/2026 18:02

Theseagullwhisperer · 13/09/2026 17:39

Look, if you don’t think these unprecedentedly large lump sums from private individuals with a clear vested interest are different to the kind of political donations we’ve previously been used to, then that’s fine. But I do think that is a minority opinion - I think most people, of all our political persuasions, including the Conservative Party are uncomfortable with these sums and are keen to avoid an Americanisation of politics where money runs free.

Labour scrambling for retrospective legislation when they had previously said no to caps isn’t good. Have laws that start when they’re in place.

They are doing it to squash another party obviously. I’d prefer the electorate to decide. If people don’t want Reform’s version of funding it’ll be reflected in votes.

Pineneedlesincarpet · 13/09/2026 17:53

Theseagullwhisperer · 13/09/2026 17:49

It is really easy to Google this:

https://www.transparency.org.uk/news/public-demand-clear-cap-big-donations-now

I feel strongly about this, not for party political reasons, but because I think massive, lump sum donations from private individuals are bad for our democracy. Earlier in the thread you seemed to suggest this wasn’t an issue you could get worked up about, if that’s true, then you’ve really wasted a lot of your day posting about it.

Either that, or you’re sealioning, in which case my bad for being drawn in

I dont understand what "sealioning" is. Apologies

Im not worked up about political donations as long as they are legal and open. People have always given to political parties.

What I don't like is gerrymandering and hypocrisy and the hullabaloo about the Reform donations when Labour and the Conservatives have received significantly more donations over the years, until these donations. As I said Im a Conservative but I want a level playing field for all parties.

Theseagullwhisperer · 13/09/2026 17:53

KeepPumping · 13/09/2026 17:28

You don"t think he will do these charity runs once he is out as PM and on the speaking circuit do you? This is just optics to contrast with Nigel getting a big bung, "Look at me, out raising money for charity when they are pocketing loot"

Do I think Andy Burnham, who gave 15% of his salary to charity every year that he was Manchester Mayor and who just ran the Great North Run in under 2 hours, only did it to make a point about Nigel Farage?! No, I don’t think that.

KeepPumping · 13/09/2026 17:51

Theseagullwhisperer · 13/09/2026 17:39

Look, if you don’t think these unprecedentedly large lump sums from private individuals with a clear vested interest are different to the kind of political donations we’ve previously been used to, then that’s fine. But I do think that is a minority opinion - I think most people, of all our political persuasions, including the Conservative Party are uncomfortable with these sums and are keen to avoid an Americanisation of politics where money runs free.

They are uncomfortable because the money is not coming to them, and they know that politically Reform eat them for breakfast, the plan was to de-fund Reform and force them out with lack of security and lack of campaign funds, that plan has failed.

Theseagullwhisperer · 13/09/2026 17:49

Pineneedlesincarpet · 13/09/2026 17:43

Please provide the polling figures

It is really easy to Google this:

https://www.transparency.org.uk/news/public-demand-clear-cap-big-donations-now

I feel strongly about this, not for party political reasons, but because I think massive, lump sum donations from private individuals are bad for our democracy. Earlier in the thread you seemed to suggest this wasn’t an issue you could get worked up about, if that’s true, then you’ve really wasted a lot of your day posting about it.

Either that, or you’re sealioning, in which case my bad for being drawn in

Pineneedlesincarpet · 13/09/2026 17:43

Theseagullwhisperer · 13/09/2026 17:42

You can of course argue that. But like I say I do not think it’s an opinion most of the country share.

Please provide the polling figures

Theseagullwhisperer · 13/09/2026 17:42

You can of course argue that. But like I say I do not think it’s an opinion most of the country share.

Pineneedlesincarpet · 13/09/2026 17:41

Theseagullwhisperer · 13/09/2026 17:39

Look, if you don’t think these unprecedentedly large lump sums from private individuals with a clear vested interest are different to the kind of political donations we’ve previously been used to, then that’s fine. But I do think that is a minority opinion - I think most people, of all our political persuasions, including the Conservative Party are uncomfortable with these sums and are keen to avoid an Americanisation of politics where money runs free.

Cant argue with the figures though.

And its all in the open and entirely legal.

Better that then a tied in source of funding from a body like the unions that can hold the country to ransom if they dont get their way Id argue....?

Theseagullwhisperer · 13/09/2026 17:39

Pineneedlesincarpet · 13/09/2026 17:29

The Conservatives have raised £150million since 2021, Labour £128 million and Reform £38million before these donations.

Why the sudden concern?

Edited

Look, if you don’t think these unprecedentedly large lump sums from private individuals with a clear vested interest are different to the kind of political donations we’ve previously been used to, then that’s fine. But I do think that is a minority opinion - I think most people, of all our political persuasions, including the Conservative Party are uncomfortable with these sums and are keen to avoid an Americanisation of politics where money runs free.

KeepPumping · 13/09/2026 17:35

Pineneedlesincarpet · 13/09/2026 17:29

The Conservatives have raised £150million since 2021, Labour £128 million and Reform £38million before these donations.

Why the sudden concern?

Edited

I know, it is suddenly very very concerning and of national significance, LOL. Voters see through the panto act though.

KeepPumping · 13/09/2026 17:34

Theseagullwhisperer · 13/09/2026 17:27

For me, it really isn’t about whether Burnham will be fine anyway, or not. (Although I do find the idea that Andy Burnham’s passion for buses and charity running is somehow more electorally damaging than a need to constantly defend against questions about billionaire donations quite comical).

I just genuinely cannot see how donations of this size do not damage our democracy and lead to a more American style big money politics. That’s why I’m in favour of the representation of the people bill - as is the official opposition, TBF. I genuinely don’t see why anyone who cares about our democracy wouldn’t want better safeguards against foreign interference or untraceable money.

Money doesn"t go out to vote.

Pineneedlesincarpet · 13/09/2026 17:29

Theseagullwhisperer · 13/09/2026 17:27

For me, it really isn’t about whether Burnham will be fine anyway, or not. (Although I do find the idea that Andy Burnham’s passion for buses and charity running is somehow more electorally damaging than a need to constantly defend against questions about billionaire donations quite comical).

I just genuinely cannot see how donations of this size do not damage our democracy and lead to a more American style big money politics. That’s why I’m in favour of the representation of the people bill - as is the official opposition, TBF. I genuinely don’t see why anyone who cares about our democracy wouldn’t want better safeguards against foreign interference or untraceable money.

The Conservatives have raised £150million since 2021, Labour £128 million and Reform £38million before these donations.

Why the sudden concern?

KeepPumping · 13/09/2026 17:28

Theseagullwhisperer · 13/09/2026 17:10

If Reform want to spend their time defending their obscenely large donations from
billionaires, they are very welcome to. I don’t think it’s going to do much win to them much support beyond the die hards who will come out to blindly defend them no matter what. Which is very much not the kind of support that they need to actually have a chance of winning an election.

I think most people care much more about buses than they do about crapto, and are much more endeared by a political leader who spends his time raising money through a charity run than they are by one who spends his time swilling oysters and whining about how all the other politicians are out to get him.

Edited

You don"t think he will do these charity runs once he is out as PM and on the speaking circuit do you? This is just optics to contrast with Nigel getting a big bung, "Look at me, out raising money for charity when they are pocketing loot"

Theseagullwhisperer · 13/09/2026 17:27

EasternStandard · 13/09/2026 17:15

Ok so Burnham will be fine anyway. Labour don’t need to scramble for new legislative changes.

For me, it really isn’t about whether Burnham will be fine anyway, or not. (Although I do find the idea that Andy Burnham’s passion for buses and charity running is somehow more electorally damaging than a need to constantly defend against questions about billionaire donations quite comical).

I just genuinely cannot see how donations of this size do not damage our democracy and lead to a more American style big money politics. That’s why I’m in favour of the representation of the people bill - as is the official opposition, TBF. I genuinely don’t see why anyone who cares about our democracy wouldn’t want better safeguards against foreign interference or untraceable money.

Pineneedlesincarpet · 13/09/2026 17:24

EmailsaysOOO · 13/09/2026 17:22

Goodness knows. Possibly yes. They're always banging on about the woke. Brits - normal Brits - have more sense.

Define "normal"

EmailsaysOOO · 13/09/2026 17:22

Pineneedlesincarpet · 13/09/2026 17:20

Oh god im worried now. That I sound like a right wing American. Which would mean I would have to be a Big Orange supporter!!😱😱😱

Goodness knows. Possibly yes. They're always banging on about the woke. Brits - normal Brits - have more sense.

Pineneedlesincarpet · 13/09/2026 17:20

EmailsaysOOO · 13/09/2026 17:13

Ok sorry, just that you sound like one. Apologies.

Oh god im worried now. That I sound like a right wing American. Which would mean I would have to be a Big Orange supporter!!😱😱😱

BermudaRhombus · 13/09/2026 17:18

Theseagullwhisperer · 13/09/2026 17:10

If Reform want to spend their time defending their obscenely large donations from
billionaires, they are very welcome to. I don’t think it’s going to do much win to them much support beyond the die hards who will come out to blindly defend them no matter what. Which is very much not the kind of support that they need to actually have a chance of winning an election.

I think most people care much more about buses than they do about crapto, and are much more endeared by a political leader who spends his time raising money through a charity run than they are by one who spends his time swilling oysters and whining about how all the other politicians are out to get him.

Edited

This is a fundamental problem for Reform. They have a core of devoted supporters who will vote for them whatever happens. But they are nothing like enough to win a majority in a first-past-the-post-system where significant proportion of voters will vote tactically to keep them out at all cost. It will be fascinating to see what they can do with these additional funds and whether they can de-toxify enough to win over normal voters.

OP posts:
EasternStandard · 13/09/2026 17:15

Theseagullwhisperer · 13/09/2026 17:10

If Reform want to spend their time defending their obscenely large donations from
billionaires, they are very welcome to. I don’t think it’s going to do much win to them much support beyond the die hards who will come out to blindly defend them no matter what. Which is very much not the kind of support that they need to actually have a chance of winning an election.

I think most people care much more about buses than they do about crapto, and are much more endeared by a political leader who spends his time raising money through a charity run than they are by one who spends his time swilling oysters and whining about how all the other politicians are out to get him.

Edited

Ok so Burnham will be fine anyway. Labour don’t need to scramble for new legislative changes.

EmailsaysOOO · 13/09/2026 17:13

Pineneedlesincarpet · 13/09/2026 17:05

No obviously not. Why would I be? Because I used the term "DEI" and understood what it meant? We have the concept of DEI in the UK too. Of course we do! Think of the nutters we've had in power recently!

Ok sorry, just that you sound like one. Apologies.

Theseagullwhisperer · 13/09/2026 17:10

KeepPumping · 13/09/2026 17:02

Exactly, and Reform will just ram this point across again and again as AB chunters on about buses and goes for runs.

If Reform want to spend their time defending their obscenely large donations from
billionaires, they are very welcome to. I don’t think it’s going to do much win to them much support beyond the die hards who will come out to blindly defend them no matter what. Which is very much not the kind of support that they need to actually have a chance of winning an election.

I think most people care much more about buses than they do about crapto, and are much more endeared by a political leader who spends his time raising money through a charity run than they are by one who spends his time swilling oysters and whining about how all the other politicians are out to get him.

Pineneedlesincarpet · 13/09/2026 17:08

BermudaRhombus · 13/09/2026 17:03

I think most people can see the difference. I suspect that you can too.

I simply disagree with you. That is allowed. And I don't slyly suggest that you really agree with me secretly do I? Because that would be rather patronising.

And yes..there is a massive difference.The unions are a malign influence on Labour government. They have pressured the government to give vast payrises to unionised industries the country cannot afford against the national interest. The c..donors have so far done nothing to influence government policy as far as I am aware.

Pineneedlesincarpet · 13/09/2026 17:05

EmailsaysOOO · 13/09/2026 17:00

Are you an American?

No obviously not. Why would I be? Because I used the term "DEI" and understood what it meant? We have the concept of DEI in the UK too. Of course we do! Think of the nutters we've had in power recently!

BermudaRhombus · 13/09/2026 17:03

Pineneedlesincarpet · 13/09/2026 16:31

Presumably I can. But the point remains. A special interest group buys influence over government policy. And in the case of Labour this has already happened regularly. With Reform of course its just what you think might happen but hasn't.

I think most people can see the difference. I suspect that you can too.

OP posts:
KeepPumping · 13/09/2026 17:02

Pineneedlesincarpet · 13/09/2026 16:31

Presumably I can. But the point remains. A special interest group buys influence over government policy. And in the case of Labour this has already happened regularly. With Reform of course its just what you think might happen but hasn't.

Exactly, and Reform will just ram this point across again and again as AB chunters on about buses and goes for runs.

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