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by Quinner 84 days ago
The quote is the wrong way of looking at this. The typical rate of successful primary challenges is only 3%. If you take that to 10% its an enormous success, incumbents will say "if I oppose crypto then I triple my odds of losing in a primary, better not do that."
1 comments

It's not quite like that, though. 90% of their funding supported candidates that lost or opposed candidates that won -- they opposed the winning outcome. They supported the winning outcome with the remaining 10% of their funds, but here they pushed on the side of the contest which was already a lock anyway. So it isn't clear that any of the money they spent achieved anything.
What? Are you trying to say their spending had no effect because their spending had no effect?