Articles

Bitcoins and Political Fundraising

I have yet to own a bitcoin–maybe I would if they were still like $13–but I’ve been increasingly following its impact.

With all the recent news in the wake of MaydayPAC, the SuperPAC built to end SuperPACs,  raising $5 million in crowdfunded donations within 30 days, I’ve been thinking more and more about bitcoin and political fundraising.

Turns out, I’m late to the party. Not only did MaydayPAC add bitcoin as a payment option in its last week fundraising effort, but also it turns out that they weren’t even among the first politicians/political interests to fundraise via bitcoin.  A handful of politicians started using it earlier this political cycle, but the first was Bryan Parker, a dynamic candidate running for Mayor of Oakland. He has raised more money than any other candidate in the mayor’s race, and while he was the first accepting bitcoin, it turns out that only a fraction of the donations have come through bitcoins.

 

Luke Buchanan delivers in-depth, local knowledge regarding NW Washington neighborhoods. Luke is proficient in relative-valuation and formerly worked as a strategist for an advertising firm in Santa Monica. If you wish to learn more about your home's worth, please call or email to schedule a free real estate consultation today. You may also visit Luke Buchanan's blog or Facebook, to find additional information that may further guide your real estate decisions. Hobbies include: golf, grilling, image editing, photography, running, skiing, tennis, travel and yoga

1 comment on “Bitcoins and Political Fundraising

  1. Pingback: Hillary’s SuperPACs are Smart Enough to Run Online Ads but Too Dumb to Follow the Laws | Luke Buchanan's blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s