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How one state representative raised $1,600 for his campaign — in bitcoins
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Candidate
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| Contributor | RBH |
| Last Edited | RBH Sep 28, 2013 08:21pm |
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| Category | News |
| Media | Newspaper - Washington Post |
| News Date | Sunday, September 29, 2013 02:00:00 AM UTC0:0 |
| Description | When New Hampshire State Rep. Mark Warden last ran for reelection, his campaign staff urged him to try something that few other political candidates have dared to do: accept contributions in bitcoins.
It didn't take much convincing. New Hampshire is already a haven for advocates of the virtual currency. Within the first three days, the Republican lawmaker had raised 160 bitcoins, equivalent to about $1,600 at the time. That's not insignificant for a candidate who would go on to collect a total of $11,000 in the 2012 electoral cycle.
Other political candidates have also turned to bitcoins as a fundraising option. Jeremy Hansen, a computer science professor who ran for Vermont's State Senate as an independent last year, accepted bitcoin donations, as did Eric Olson, a North Dakota Libertarian who lost his bid for a U.S. House seat.
Some of Warden's donations came from surprising sources. He found his digital wallet bursting with contributions from places as far afield as Europe and South America after international well-wishers learned of his campaign through the Bitcoin community's tight-knit grapevine. |
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