07 Apr '15, 3pm

Rand Paul taking campaign donations in bitcoin. 1 bitcoin is worth about $254 via @MarketWatch ht…

Rand Paul taking campaign donations in bitcoin. 1 bitcoin is worth about $254 via @MarketWatch ht…

Getty Images Open up your virtual wallet — Sen. Rand Paul is taking donations. WASHINGTON (MarketWatch) — In what appears to be a first for a presidential campaign, Rand Paul is accepting donations made in bitcoin. The cryptocurrency would appear to be a good thematic fit for the presidential campaign of the Republican senator from Kentucky , who has somewhat of a libertarian bent. Paul also accepts credit card or PayPal donations. While new at the presidential level, candidates for U.S. Congress did take bitcoin after a Federal Elections Commission advisory opinion gave its support. Most who accept bitcoin as payment quickly convert it into good-old-fashioned U.S. dollars, though the FEC opinion doesn’t require this. Also read: Bitcoin has no place in your — or any —portfolio. From four-figure highs, one bitcoin was worth roughly $254 on Tuesday.

Full article: http://www.marketwatch.com/story/rand-paul-taking-bitcoin...

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Rand Paul is accepting donations in Bitcoin

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