[2015-04-09] NYT: In Accepting Bitcoin, Rand Paul Raises Money and Questions

[pitham1]

In Accepting Bitcoin, Rand Paul Raises Money and Questions

http://www.nytimes.com/2015/04/10/us/politics/in-accepting-bitcoin-rand-paul-raises-money-and-questions.html?_r=0

The novelty of the payment method is likely to help Mr. Paul highlight his edgy appeal to other libertarians, tech-savvy voters, young people and others who favor Bitcoins. But it also raises questions about whether illegal contributions could make their way into campaigns more easily.

The Bitcoin itself is essentially untraceable if the owner wants to maintain anonymity, and political candidates who accept them must rely largely on donors’ disclosing their identity.