A college professor recently teamed up with Southern Poverty Law Center for a hit piece blaming Bitcoin for the rise of white supremacy by “the racist right.” This sensationalized claim was repeated in many prominent news outlets.

The reality is that cryptocurrencies are more likely to be used by Democrats, minorities, and human rights groups. In fact, Donald Trump — who SPLC said “energized the white supremacist movement in unprecedented ways” — wanted to crack down on Bitcoin when he was president.