Politics & Crypto

in crypto •  6 years ago 

In a November 13 memorandum decision HERE, the Federal Election Commission said that it’s permissible for an individual to lend his computer processing power to a crypto mining pool to benefit his preferred political candidate.

However, the commission underscored that the act counts as a campaign “contribution” — and is not considered “volunteering.”

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Source

This seems like a sure fire way for candidates to get past campaign finance restriction limits and will undoubtedly lead to even more expensive elections. However, if candidates become dependent on crypto, it makes it a lot less likely for government to try and ban it...hmmm?

Senator Rand Paul of Kentucky became the first presidential candidate to accept BTC contributions when he ran for president in 2016. You trend setting Libertarian you...(but I will still never forgive you for supporting Mitt Romney)

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@matthewwarn

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Thank you for your continued support of SteemSilverGold

oh oh
I will still never forgive you for supporting Mitt Romney

If i ever run for office, I'll accept Steem for contributions. Just saying.