- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Rand Paul Accepting Bitcoin Contributions for Presidential Campaign

© AP Photo / Jim Cole, FileIn this March 20, 2015, file photo, Sen., Rand Paul, R-Ky. speaks in Manchester, N.H.
In this March 20, 2015, file photo, Sen., Rand Paul, R-Ky. speaks in Manchester, N.H. - Sputnik International
Subscribe
Rand Paul has announced he is accepting Bitcoin contributions to his presidential campaign becoming the first presidential candidate in American history to do so.

Visitors to his website can contribute up to $100 in the crypto currency.

Edward Snowden - Sputnik International
Oregon Man Dares Obama to Arrest Him for Giving Bitcoin to Edward Snowden
The Republican libertarian’s move coincides with his attempt to portray himself as a staunch critic of excessive government surveillance and a champion of Internet freedom. For his campaign, he’s seeking support from “younger, technology adept voters,” especially those leading innovation in Silicon Valley.

His connection to Bitcoin also places him in line with his father Ron Paul, who is known for aggressively suggesting the United States return to a gold standard and criticizing the Federal Reserve.

Although some congressional and state candidates began accepting Bitcoin donations last year, Paul is the highest-profile candidate to align himself with this type of currency. 

Some analysts have expressed concern that bitcoin will simply add another challenge when it comes to transparency in campaign funding but Paul is not likely to be the only 2016 candidate who accepts the online currency.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала