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US State Representative Accepts Campaign Contributions in Bitcoin

• ceejayoz 14y ago
  Until the FEC comes down on him, at least.
  • cstavish 14y ago
    Minor nitpick: the FEC deals with federal elections, not state legislature races like the one in question [1]. You do raise an interesting point, though. I'm not terribly familiar with the mechanics of Bitcoin transfers, but this seems to throw a sizable wrench into campaign finance regulation. [1] http://en.wikipedia.org/wiki/Federal_Election_Commission http://en.wikipedia.org/wiki/Federal_Election_Commission
    • davidw 14y ago
      Regulations or not, a clever opponent could get a lot of mileage out of this guy accepting "untraceable donations".
      • count 14y ago
        From 'hackers' and the 'computer underground' at that!
• tomku 14y ago
  There's an update posted by the campaign here: https://bitcointalk.org/index.php?topic=102022.0 https://bitcointalk.org/index.php?topic=102022.0 tl;dr: They're returned the anonymous donations, and are now only accepting donations of up to $100 USD with your name and address, or up to $1,000 USD with your name, address and employment information. Edited to reflect that the actions mentioned took place last month, and everything is settled now.