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Topic: [2015-07-31] Rand Paul Staffer Estimates $33,000 Raised In BTC By Mid-June (Read 955 times)

legendary
Activity: 1568
Merit: 1001
not bad for such a small BTC community Cool

Wouldn't it be funny if they held it and the price went up dramatically before the elections? Cheesy
They use Bitpay to collect bitcoin donations so I don't think that they hold any bitcoin. Bitpay probably auto converts into USD and send its to his campaign bank account. It would surprise me if he holds any bitcoin in an address that he controls.

If I ran Bitpay, I would hold the BTC donated to Rand's campaign that we converted to USD, then sell it when USD/BTC went up, and donate the difference between what we paid Rand in USD and the USD we finally sold it for.
Good idea, get a decent trader like masterluc or someone to join their squad and run some trades w/ their intakes of bitcoin to grab some decent profits w/ ~10%ish of their daily take or even less and see what they can do on a biweekly basis. If they can run profits on a small sample of intakes then let them keep it w/ a slight reimbursement and go for more. Just thinking out loud but Bitpay could keep fiat after the fact and then some for a larger profit margin. In the case of Rand's campaign, the tricky part is the campaign finance aspect of this whole thought but I'm sure there's a positive a way around it (to offer them back some trade profits) yet I know they don't give a hill of beans about this whole potential move, just what they take in in "play'' money.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
not bad for such a small BTC community Cool

Wouldn't it be funny if they held it and the price went up dramatically before the elections? Cheesy
They use Bitpay to collect bitcoin donations so I don't think that they hold any bitcoin. Bitpay probably auto converts into USD and send its to his campaign bank account. It would surprise me if he holds any bitcoin in an address that he controls.

If I ran Bitpay, I would hold the BTC donated to Rand's campaign that we converted to USD, then sell it when USD/BTC went up, and donate the difference between what we paid Rand in USD and the USD we finally sold it for.
hero member
Activity: 504
Merit: 500
As soon as politicians understand that true potential of bitcoin, they will all be suddenly interested...
legendary
Activity: 1568
Merit: 1001
I sure hope Rand and team have a way to set themselves apart in the upcoming debates cause this Trump show needs to be put back in the bag. Rand needs to reconnect to the conservative primary GOP base instead of running in general election mode too soon.
sr. member
Activity: 490
Merit: 250
not bad for such a small BTC community Cool

Wouldn't it be funny if they held it and the price went up dramatically before the elections? Cheesy
They use Bitpay to collect bitcoin donations so I don't think that they hold any bitcoin. Bitpay probably auto converts into USD and send its to his campaign bank account. It would surprise me if he holds any bitcoin in an address that he controls.
legendary
Activity: 1540
Merit: 1000
not bad for such a small BTC community Cool

Wouldn't it be funny if they held it and the price went up dramatically before the elections? Cheesy
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
not bad for such a small BTC community Cool
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