28 Oct '14, 7pm

Turns Out Nobody Wants To Donate To Politicians With Bitcoin

WASHINGTON -- The Federal Election Commission voted earlier this year to allow political candidates and committees to accept donations in bitcoin. But a week before Election Day, candidates who accept the popular virtual currency reported that their total bitcoin donations were small to nonexistent, though they remained optimistic about the currency's political future. Candidates who have entered the Wild West frontier of accepting bitcoin donations said they have been unable to turn bitcoin into a major fundraising strategy -- yet. Blaine Richardson, an independent House candidate running in Maine's 2nd District, reported that he didn't get any bitcoin contributions at all. "I think there is a future for it, but we just may be ahead of the curve right now," he told The Huffington Post. While the FEC's decision was a big deal to tech enthusiasts, it was politically controv...

Full article: http://www.huffingtonpost.com/2014/10/28/bitcoin-politica...

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