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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.

OP posts:
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SmallDFartyCarNRG · 13/09/2026 12:41

Pineneedlesincarpet · 13/09/2026 12:39

All we can do is concentrate on supporting ourselves and not being a net burden to the taxpayer. Rather than sticking our noses in other people's finanaces and deciding they need to give more money to charity. As if we had some moral right to judge others. It's such a horrible, shrivelled up trait.

Yet it is human nature. Just as these rich billionaires judge anyone not as rich as them, which is why they think they deserve all of the wealth and refuse to use it to help others. Greed.

ZiggerZag · 13/09/2026 12:40

Same principle and they’ve donated hundreds of millions over a much longer time period

Pineneedlesincarpet · 13/09/2026 12:39

SmallDFartyCarNRG · 13/09/2026 12:35

If they have been paying tax. When you keep money digitally it is there in order for it to be hard to check.

They aren't being funded by people who openly declare their earnings and don't have offshore accounts, or people who fund services people can access out of the goodness of their heart. They are being funded by people who hoard wealth, which increases inequality.

All we can do is concentrate on supporting ourselves and not being a net burden to the taxpayer. Rather than sticking our noses in other people's finanaces and deciding they need to give more money to charity. As if we had some moral right to judge others. It's such a horrible, shrivelled up trait.

Theseagullwhisperer · 13/09/2026 12:38

Pineneedlesincarpet · 13/09/2026 12:17

Maybe. Maybe Reform are the fightback against the divison caused by woke policies and are actually two sides of the same coin; those victimised by woke see Reform as the solution. Reform aren't arguing for anything extreme btw. Nothing that anyone would have thought wild a few decades ago.

The "left" are fairly homogeneous in British politics. The Greens are pretty much the same as Labour, although a bit more successful in highlighting how Gaza should be the main priority for any UK MP (ahem).

It is really, really difficult to engage in good faith with a poster who on the one hand expresses concern about divisiveness in politics, and on the other makes a cynical, sneering joke about an issue as sensitive and morally complex as Israel and Gaza.

I won’t be replying to you again.

SmallDFartyCarNRG · 13/09/2026 12:37

ZiggerZag · 13/09/2026 12:36

Like the unions fund Labour. To do things that work in their favour!

Nothing in the scale of what these tax dodgers have been sending.

ZiggerZag · 13/09/2026 12:36

Like the unions fund Labour. To do things that work in their favour!

Pineneedlesincarpet · 13/09/2026 12:36

pointythings · 13/09/2026 12:27

@Pineneedlesincarpet who has been 'victimised by woke' and what are 'woke policies'? I mean, those just sound like meaningless soundbites from the right.

Well now we're getting into DEI, race politics and discrimination which I don't fancy on a Sunday.

SmallDFartyCarNRG · 13/09/2026 12:35

Pineneedlesincarpet · 13/09/2026 12:33

Rubbish. Theres no law requiring anyone to help others or give to any particular charity. It's entirely personal choice. Its their own money not yours. They pay a vast amount of tax and created a vast amount of jobs so Id say they have given back more than enough.

And who is to say they don't give philanthropically. They might not be Harry and Meghan and feel the need to shout about it. Look at George Michael.

If they have been paying tax. When you keep money digitally it is there in order for it to be hard to check.

They aren't being funded by people who openly declare their earnings and don't have offshore accounts, or people who fund services people can access out of the goodness of their heart. They are being funded by people who hoard wealth, which increases inequality.

Pineneedlesincarpet · 13/09/2026 12:33

SmallDFartyCarNRG · 13/09/2026 12:28

If you do nothing to even try to help others on a philanthropic level, it is just greed.

Rubbish. Theres no law requiring anyone to help others or give to any particular charity. It's entirely personal choice. Its their own money not yours. They pay a vast amount of tax and created a vast amount of jobs so Id say they have given back more than enough.

And who is to say they don't give philanthropically. They might not be Harry and Meghan and feel the need to shout about it. Look at George Michael.

Menopausalsourpuss · 13/09/2026 12:33

Like it or not, Reform speak for alot of people. Of course we would all like to stop big donations and union donations but the uni party who currently has power are not going to do this as they've benefited so much themselves from large donations in return for largesse with taxpayers money. Given this it is ridiculous to expect Reform to turn down large donations to be more honourable than the other parties. I don't think most people are aware that the uni party also gets "short"money which is money from the taxpayer based on how many seats an opposition party has - the Tories got £5.5m from the last election and Labour also got millions when in opposition. This further stacks funding in favour of the incumbents.

IUseThisNameToTalkAboutMoney · 13/09/2026 12:31

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This reply has been hidden until the MNHQ team can have a look at it.

SmallDFartyCarNRG · 13/09/2026 12:28

Pineneedlesincarpet · 13/09/2026 11:12

Being rich and successful is not a bad thing. The left need to stop the knee jerk denigration of any one who has ever done better than the average person.

If you do nothing to even try to help others on a philanthropic level, it is just greed.

pointythings · 13/09/2026 12:27

@Pineneedlesincarpet who has been 'victimised by woke' and what are 'woke policies'? I mean, those just sound like meaningless soundbites from the right.

Pineneedlesincarpet · 13/09/2026 12:17

Theseagullwhisperer · 13/09/2026 12:09

I would definitely have preferred you used the word Labour because that would at least make logical sense.

I still definitely don’t agree, and I find the idea that recognising the structural biases people face because of their identities is what has set race relations back, rather than the aggressive demonisation of immigrants and belittling of their contributions to our society, completely laughable.

But I do value a society with a plurality of opinions, so I think it’s good you’re able to hold and express that view.

I actually saw Kemi Badenoch arguing - quite powerfully, I thought - that Reform were the wokest of parties, because they’re so reliant on grievance politics and a victim mentality. So, I don’t think wokeness and identity politics are the sole preserve of “the left”.

Maybe. Maybe Reform are the fightback against the divison caused by woke policies and are actually two sides of the same coin; those victimised by woke see Reform as the solution. Reform aren't arguing for anything extreme btw. Nothing that anyone would have thought wild a few decades ago.

The "left" are fairly homogeneous in British politics. The Greens are pretty much the same as Labour, although a bit more successful in highlighting how Gaza should be the main priority for any UK MP (ahem).

Theseagullwhisperer · 13/09/2026 12:09

Pineneedlesincarpet · 13/09/2026 12:00

You're arguing in a partisan way of course, as am I. If you prefer to use the word "Labour" rather than "the left"(I was trying not to be too partisan) then the point stands. Labour have been incredibly divisive.

But the left as a whole have been divisive. For example, the "woke agenda" is probably not right wing. And it's taught everyone to judge people on the basis of their immutable characteristics rather than on merit and character. It's probably put things like race relations back decades sadly.

I would definitely have preferred you used the word Labour because that would at least make logical sense.

I still definitely don’t agree, and I find the idea that recognising the structural biases people face because of their identities is what has set race relations back, rather than the aggressive demonisation of immigrants and belittling of their contributions to our society, completely laughable.

But I do value a society with a plurality of opinions, so I think it’s good you’re able to hold and express that view.

I actually saw Kemi Badenoch arguing - quite powerfully, I thought - that Reform were the wokest of parties, because they’re so reliant on grievance politics and a victim mentality. So, I don’t think wokeness and identity politics are the sole preserve of “the left”.

Pineneedlesincarpet · 13/09/2026 12:00

Theseagullwhisperer · 13/09/2026 11:46

@Pineneedlesincarpet

It is genuinely ridiculous to say “the left” as a whole has been damaging and divisive. Reform is one political party with stated aims, a deliberate communications strategy and named representatives speaking on their behalf. Ultimately, their party leadership is responsible for their rhetoric and the tone with which they engage in political debate. In Reform’s case that’s always angry, always peddling outrage - usually against minorities. “The left” doesn’t have a communications strategy. It is a broad ideology - encompassing several different political parties, and many grassroots organisations. Maybe some people who have left wing opinions use rhetoric you don’t like - but there’s no leader of “the left” authorising them to engage like that. Are you genuinely saying there should be no left wing to our political debate?

Edited

You're arguing in a partisan way of course, as am I. If you prefer to use the word "Labour" rather than "the left"(I was trying not to be too partisan) then the point stands. Labour have been incredibly divisive.

But the left as a whole have been divisive. For example, the "woke agenda" is probably not right wing. And it's taught everyone to judge people on the basis of their immutable characteristics rather than on merit and character. It's probably put things like race relations back decades sadly.

Theseagullwhisperer · 13/09/2026 11:46

@Pineneedlesincarpet

It is genuinely ridiculous to say “the left” as a whole has been damaging and divisive. Reform is one political party with stated aims, a deliberate communications strategy and named representatives speaking on their behalf. Ultimately, their party leadership is responsible for their rhetoric and the tone with which they engage in political debate. In Reform’s case that’s always angry, always peddling outrage - usually against minorities. “The left” doesn’t have a communications strategy. It is a broad ideology - encompassing several different political parties, and many grassroots organisations. Maybe some people who have left wing opinions use rhetoric you don’t like - but there’s no leader of “the left” authorising them to engage like that. Are you genuinely saying there should be no left wing to our political debate?

Pineneedlesincarpet · 13/09/2026 11:16

Theseagullwhisperer · 13/09/2026 10:26

Firstly, on immigration, I’d say what Reform has done is massively oversimplify a legitimate, nuanced debate. Of course there’s a discussion to be had on immigration, but not the toxic, black and white shouting match Reform have poisoned our political discourse with.

Secondly, Dale Vince and Lord Sainsbury - and other donors- have made their money in established, regulated areas of the economy. That’s very different to the C-money flooding in.

And thirdly, wasn’t Reform’s whole pitch that they were different to the old, establishment parties? This shows they’re at best the same, old.

If I was a centre-right Conservative supporter I’d be furious at Reform for splitting the right and dragging our political discourse into the gutter.

I agree with your last paragraph anyway re the splitting of the vote. I don't think Reform has dragged discourse into the gutter any more than the left. I think the left have been far more damaging and divisive
than anything Reform have said or done. But that's just my opinion obviously.

yellowspanner · 13/09/2026 11:15

They are free to fund whichever party they choose. I think they have chosen the right party . We need a smaller state, a lot less spent on benefits and lower taxes.

Pineneedlesincarpet · 13/09/2026 11:12

SmallDFartyCarNRG · 13/09/2026 10:26

It's disgusting to me that two men think this show of wealth, when so many are struggling with the cost of living, is appropriate. Competing with each other in their own wealthy willy waving contest on a global stage.

Imagine what we could do with that for healthcare or mental health or housing services. Hopefully voters will be wondering if these two have ever paid taxes and why they haven't donated to anything that is actively helping communities.

Edited

Being rich and successful is not a bad thing. The left need to stop the knee jerk denigration of any one who has ever done better than the average person.

ExtraOnions · 13/09/2026 11:10

BermudaRhombus · 13/09/2026 11:08

I guess we’ll see. Huge speculation around an early election and that doesn’t usually come from nowhere. I’d agree that he’d normally be minded to wait until the end of the term, but I think the mega-donations might change this. No party has ever faced an opponent with such enormous financial fire power.

Slowly turning into the “who has the most money” personality led charade that is a US election.

Pineneedlesincarpet · 13/09/2026 11:10

BermudaRhombus · 13/09/2026 10:40

I wonder if Andy Burnham might be tempted to call an election whilst Reform are still drowning in sleaze and before they can effectively deploy the mega-donations. Reform are still chaotic and badly managed, completely hapless at Press/PR and haven’t developed any workable policies. The chances of a Reform majority government are still absolutely tiny, albeit Labour would probably lose most, if not all, of their majority. I remember when Gordon Brown bottled calling an early election and deeply regretted it.

Labour isn't polling high enough. Even the brief Burnham bounce didn't put enough on. There's no way now hes going to go given his social security comments, Chagos and the fact he is starting to behave suspiciously like KS vis a vis inability to make a decision and stick to it.

BermudaRhombus · 13/09/2026 11:08

EasternStandard · 13/09/2026 10:54

Surely he has faith in his policies and will try to get them in place.

I guess we’ll see. Huge speculation around an early election and that doesn’t usually come from nowhere. I’d agree that he’d normally be minded to wait until the end of the term, but I think the mega-donations might change this. No party has ever faced an opponent with such enormous financial fire power.

OP posts:
Pineneedlesincarpet · 13/09/2026 11:08

BermudaRhombus · 13/09/2026 10:16

I think it’s worth noting that, whilst Dale Vince (about £5m to Labour) and Lord Sainsbury (about £20m to multiple parties over decades) have made political donations, they are clearly not of the same order of magnitude as the donations from the two crapto investors. Between them they have given Reform almost £100m in a couple of years and that’s not counting personal gifts to Farage. We have never seen anything like this in the UK. They are going to expect something in return.

It's just the amounts then, not the actual concept of making donations that you disagree with.
Where would you set the correct level? It looks like probably just above the maximum that any other Green, Labour or Conservative donor has ever made, given it's Reform you have a problem with.

EasternStandard · 13/09/2026 10:54

BermudaRhombus · 13/09/2026 10:52

Maybe, but I suspect ultimately it will come down to a tactical decision of whether he’s more likely to win now, or in 2029! If the data suggests an early election has better odds then he’ll go for it.

Surely he has faith in his policies and will try to get them in place.