Rand Paul taking bitcoin donationsWASHINGTON (MarketWatch) — In what appears to be a first for a presidential campaign, Rand Paul is accepting donations made in bitcoin.
The cryptocurrency would appear to be a good thematic fit for the presidential campaign of the Republican senator from Kentucky, who has somewhat of a libertarian bent. Paul also accepts credit card or PayPal donations.
While new at the presidential level, candidates for U.S. Congress did take bitcoin after a Federal Elections Commission advisory opinion gave its support.
Most who accept bitcoin as payment quickly convert it into good-old-fashioned U.S. dollars, though the FEC opinion doesn’t require this.
Also read: Bitcoin has no place in your — or any —portfolio.
From four-figure highs, one bitcoin was worth roughly $254 on Tuesday.
Source: http://www.marketwatch.com/story/rand-paul-taking-bitcoin-donations-2015-04-07