Representative Mark Warden Utilizing Bitcoin for Campaign Donations - page 3.

bg002h

donator

Activity: 1463

Merit: 1047

I outlived my lifetime membership:)

Quote from: FreeMoney on August 11, 2012, 08:37:45 PM

He could set up a 'generate me a new donation address' button thing if he wanted to be a little safer. I'm interested to see what if anything anyone does anyway though. What are his opponents like?

+1 that is wise. And ask his donators to not reuse the same donation addresses.

Some of the sites accepting Bitcoin donations on the thread below have utilized the single address for all donations approach...I looked at the block chain for a few of them...no one has gotten much by way of Bitcoin donations...the biggest I saw was 700 or so.

FreeMoney

legendary

Activity: 1246

Merit: 1014

Strength in numbers

He could set up a 'generate me a new donation address' button thing if he wanted to be a little safer. I'm interested to see what if anything anyone does anyway though. What are his opponents like?

bg002h

donator

Activity: 1463

Merit: 1047

I outlived my lifetime membership:)

Bitcoin is too much of a pain for him to use, I fear. I think he will realize soon that anyone can vet his donations and demand an account of all those who donated more than the set limit. He may not even realize if someone (possibly an adversary) sends in too much...and if he doesn't notice, any Joe Schmoe can prove he violated campaign funding laws.

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

A small step for a poltician, a huge leap for the mankind. I wonder about the legal implications. How are donations usually collected in the US at the state level? Can I just drop some cash in a box, or is there always some paperwork involved?

proudhon

legendary

Activity: 2198

Merit: 1311

Wow!

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

This is great ... and not the least because it has potential for serious lulz written all over it.

What happens if he gets some of Bitcoinica's stolen loot or god forbid an anon. donation from a Silk Road dealer, Pirate Bay, or etc?

Cheesy

ShireSilver

sr. member

Activity: 382

Merit: 253

It almost certainly isn't legal for him to accept donations from foreigners, but how is anyone going to know?

If you do donate more than $100 worth, you should include your name, employer, and city/town as directed. Of course that can't readily be enforced, but since his donation address is public his opponents could check it for large donations that don't get disclosed. (In other words, if you are going to donate a lot or are foreign, donate it in small chunks from varying addresses.)

Knowing Mark (a really good guy), any donations he cannot legally use and can't figure out how to return would get donated to worthy causes.

giszmo

legendary

Activity: 1862

Merit: 1105

WalletScrutiny.com

Quote from: niooron on August 11, 2012, 05:14:44 PM

Quote

State law requires us to request the following information from people who donate $100 or more (cumulatively) to the campaign: Name, employer, city/town where employed.

So what happens if someone donates more than 10 bitcoins?

I just wanted to ask the same question. Will he return it to sender? What if I send 5 now and 5 later? Aka what if the total BTC donated exceeds 10BTC?

P4man

hero member

Activity: 518

Merit: 500

I also wonder about the legal implications of this. Like, is it legal for him to accept foreign donations?

niooron

full member

Activity: 193

Merit: 100

Quote

State law requires us to request the following information from people who donate $100 or more (cumulatively) to the campaign: Name, employer, city/town where employed.

So what happens if someone donates more than 10 bitcoins?

waspoza

hero member

Activity: 602

Merit: 508

Firstbits: 1waspoza

I live in EU and i hate politicians, but i will send the guy some coins. Looks like hes smart (cuz he clearly understands bitcoin) and have balls.

unclescrooge

hero member

Activity: 868

Merit: 1000

awesome

ben-abuya

sr. member

Activity: 323

Merit: 250

This is awesome! I've heard of one or two candidates trying this before, but Mark is a current State Rep and will probably get re-elected. This is a really exciting development.

http://www.markwarden.com/page/contribute-campaign

evoorhees

legendary

Activity: 1008

Merit: 1021

Democracy is the original 51% attack

Mark Warden is releasing this press release in New Hampshire...

***
FOR IMMEDIATE RELEASE:
Representative Mark Warden Utilizing Bitcoin for Campaign Donations

Goffstown, New Hampshire - August 11, 2012 - State Representative Mark Warden recently added a Bitcoin donation system to his campaign website (www.markwarden.com), the first state representative in New Hampshire to utilize this emerging technology. According to Warden, Bitcoin will allow online transactions without the need for any third-party approval.

“This is a cutting-edge technology that is market based, voluntary, and extremely innovative. I have constituents and vendors who prefer this medium of exchange, so it’s natural to want to respond to the marketplace,” said Warden.

Bitcoin allows users to make transactions with an alternative, decentralized form of currency that is not subject to the inflationary whims of the Federal Reserve or other central banks. Mark Warden is a Republican State Representative running for re-election in Hillsborough County’s District 39, encompassing the towns of Goffstown, Weare, and Deering.

***

[note: you can donate to him at this address: 1B39L3wqnbVpRa9oHMWY2F6FsZJJAgJQX6 ]

Topic: Representative Mark Warden Utilizing Bitcoin for Campaign Donations - page 3. (Read 11899 times)