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Author Topic: Bitcoin100: 2.012 BTC for Ron Paul 2012  (Read 3569 times)
Jeremy West spendbitcoins.com
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December 19, 2011, 10:36:57 PM
 #21

I seriously doubt the total collected amount will be more than $2000, so it can just be donated from a single person who is willing to identify themselves

Yes, but as whoever makes the donation has to state that they are not making the donation ok anyone else's behalf this kills the publicity stunt Bruno is going for.

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December 19, 2011, 11:44:15 PM
 #22

I seriously doubt the total collected amount will be more than $2000, so it can just be donated from a single person who is willing to identify themselves

Yes, but as whoever makes the donation has to state that they are not making the donation ok anyone else's behalf this kills the publicity stunt Bruno is going for.

All valid points. I'm all for proceeding with this without having Bitcoin100 involved. What's important here is doing it properly, where at the end of the day Bitcoin is clearly recognized as the contributor.

I quoted your post, Jeremy, but after reading it a couple times, I continue to trip over what you're trying to express. Please except my apology for asking you to restate it. I feel your making an important point, but I'm having trouble pulling it out. Thank you, bud.

~Bruno~

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Attention Non-profits: By choosing Bitcoin as a donation option, you'll incur no transfer fees, thus receiving 100% of donations in kind, thereby keeping in the spirit of giving--to those in need.
Jeremy West spendbitcoins.com
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December 19, 2011, 11:58:26 PM
 #23

Quote
The Federal Election Commission requires that all of these statements are true for anyone contributing to the campaign:
- I am a US Citizen or Permanent Resident
- I am donating my own money
- I am not under contract to the Federal Government
- I am not making this contribution in the name of another person
- I am 18 years of age or older

Hi Bruno.

I'm referring to the above, specifically where it says 'I'm donating my own money' and 'I am not making this contribution in the name of another person'.

To be honest, I don't give a damn about words politicians put on paper (commonly referred to as 'laws'. The only 'law' I care about is natural law - "Do not harm other people"), but we will not be able to proclaim this donation as a bitcoin donation from several people because according to the above 'law' a donor must declare that he/she is donating his/her own money and not making the donation in the name of another person.

I hope this makes sense.

Jeremy West spendbitcoins.com
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December 19, 2011, 11:59:43 PM
 #24

I seriously doubt the total collected amount will be more than $2000, so it can just be donated from a single person who is willing to identify themselves

Yes, but as whoever makes the donation has to state that they are not making the donation ok anyone else's behalf this kills the publicity stunt Bruno is going for.

All valid points. I'm all for proceeding with this without having Bitcoin100 involved. What's important here is doing it properly, where at the end of the day Bitcoin is clearly recognized as the contributor.

I quoted your post, Jeremy, but after reading it a couple times, I continue to trip over what you're trying to express. Please except my apology for asking you to restate it. I feel your making an important point, but I'm having trouble pulling it out. Thank you, bud.

~Bruno~


I see the misunderstanding here. Should read "not making the donation ON anyone else's behalf. I swyped it on my android phone and didn't proofread before posting. Sorry! Smiley

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December 20, 2011, 12:32:12 AM
 #25

I seriously doubt the total collected amount will be more than $2000, so it can just be donated from a single person who is willing to identify themselves

Yes, but as whoever makes the donation has to state that they are not making the donation ok anyone else's behalf this kills the publicity stunt Bruno is going for.

All valid points. I'm all for proceeding with this without having Bitcoin100 involved. What's important here is doing it properly, where at the end of the day Bitcoin is clearly recognized as the contributor.

I quoted your post, Jeremy, but after reading it a couple times, I continue to trip over what you're trying to express. Please except my apology for asking you to restate it. I feel your making an important point, but I'm having trouble pulling it out. Thank you, bud.

~Bruno~


I see the misunderstanding here. Should read "not making the donation ON anyone else's behalf. I swyped it on my android phone and didn't proofread before posting. Sorry! Smiley

WOW! Glad I asked for clarification. I just Googled my ass off trying to find a loophole, and believe now that there isn't one. Someone please correct me if I'm wrong.

Also, don't add funds to the wallet unless this important issue is resolved.

Feedback from users who are well versed on political contributions is deeply needed here

Thank you.

~Bruno~

Bitcoin100: 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac
Attention Non-profits: By choosing Bitcoin as a donation option, you'll incur no transfer fees, thus receiving 100% of donations in kind, thereby keeping in the spirit of giving--to those in need.
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December 20, 2011, 01:54:40 AM
 #26

I'm not a rabid Ron Paul fan, but I do like him better than most.  Sent my 2.012

I need to know if this is a dead issue so that this thread can be locked and epetroel shall have his 2.012 BTC returned from my account. The 4.024 BTC that currently rests in the wallet, mine and epetroel's donations, will then be donated to Bitcoin100 of which will never attach themselves to any nonprofit agency that favors a political stance. If you ask me, that was a relative cheap learning curve, one major take away from this brief episode.

~Bruno~

Bitcoin100: 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac
Attention Non-profits: By choosing Bitcoin as a donation option, you'll incur no transfer fees, thus receiving 100% of donations in kind, thereby keeping in the spirit of giving--to those in need.
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December 20, 2011, 01:59:22 AM
 #27

I thought the latest ruling on campaign donations said that this kind of thing was OK (unlimited donations from groups and not having to reveal the members).  Or maybe that was just for PACs?  If it turns out to be impossible though, just throw my 2.012 into the Bitcoin 100 pool Smiley
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December 20, 2011, 02:01:53 AM
 #28

I thought the latest ruling on campaign donations said that this kind of thing was OK (unlimited donations from groups and not having to reveal the members).  Or maybe that was just for PACs?  If it turns out to be impossible though, just throw my 2.012 into the Bitcoin 100 pool Smiley

I just sent you a PM. I am highly interested in reading about that ruling. Anybody have a link?

~Bruno~

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December 20, 2011, 02:35:55 AM
 #29

The ruling I'm thinking of is Citizens United:

http://en.wikipedia.org/wiki/Citizens_United_v._Federal_Election_Commission
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December 20, 2011, 06:30:12 AM
 #30


Thanks. I read it all. It wasn't till the very bottom that I found what I was looking for, which then led me down a proper path. The keyphrase I eventual found was Super Pac. It now looks like there's a way around this issue. Creating a semantic spin now becomes the hard part, whereas before I thought it wouldn't be that difficult. The following links to websites and videos should help everybody get up to speed if they weren't aware of this prior, as I wasn't.

http://firstread.msnbc.msn.com/_news/2011/08/17/7399074-super-pacs-independent-in-name-only

http://www.youtube.com/watch?v=O-MHJD4NmFY

http://www.youtube.com/watch?v=Ef61cWDbuP8

http://www.youtube.com/watch?v=q3xnbpt12eo

http://www.revolutionpac.com/

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Attention Non-profits: By choosing Bitcoin as a donation option, you'll incur no transfer fees, thus receiving 100% of donations in kind, thereby keeping in the spirit of giving--to those in need.
Jeremy West spendbitcoins.com
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December 20, 2011, 06:37:01 AM
 #31


Thanks. I read it all. It wasn't till the very bottom that I found what I was looking for, which then led me down a proper path. The keyphrase I eventual found was Super Pac. It now looks like there's a way around this issue. Creating a semantic spin now becomes the hard part, whereas before I thought it wouldn't be that difficult. The following links to websites and videos should help everybody get up to speed if they weren't aware of this prior, as I wasn't.

http://firstread.msnbc.msn.com/_news/2011/08/17/7399074-super-pacs-independent-in-name-only

http://www.youtube.com/watch?v=O-MHJD4NmFY

http://www.youtube.com/watch?v=Ef61cWDbuP8

http://www.youtube.com/watch?v=q3xnbpt12eo

http://www.revolutionpac.com/

Without much time to look over it, my first impression is that I like Revolution PAC. Only thing is, that's where I copied and pasted the disclaimer from that I quoted above. Sad http://www.revolutionpac.com/donate/

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December 20, 2011, 07:01:47 AM
 #32


Thanks. I read it all. It wasn't till the very bottom that I found what I was looking for, which then led me down a proper path. The keyphrase I eventual found was Super Pac. It now looks like there's a way around this issue. Creating a semantic spin now becomes the hard part, whereas before I thought it wouldn't be that difficult. The following links to websites and videos should help everybody get up to speed if they weren't aware of this prior, as I wasn't.

http://firstread.msnbc.msn.com/_news/2011/08/17/7399074-super-pacs-independent-in-name-only

http://www.youtube.com/watch?v=O-MHJD4NmFY

http://www.youtube.com/watch?v=Ef61cWDbuP8

http://www.youtube.com/watch?v=q3xnbpt12eo

http://www.revolutionpac.com/

Without much time to look over it, my first impression is that I like Revolution PAC. Only thing is, that's where I copied and pasted the disclaimer from that I quoted above. Sad http://www.revolutionpac.com/donate/

Boy, I'm having trouble wrapping my head around this. A Super Pac can collect millions from different sources to influences a candidate, but that same Pac can't accept money from a group of people. But if we were a Bitcoin Pac for John Doe running for office, we can collect millions from other Bitcoiners, but couldn't accept money from Uncle Bob because the lump sum he wants to donate came from Aunt Jean and his 5 cousins. How close am I?


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Attention Non-profits: By choosing Bitcoin as a donation option, you'll incur no transfer fees, thus receiving 100% of donations in kind, thereby keeping in the spirit of giving--to those in need.
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December 20, 2011, 07:07:43 AM
 #33

Unfortunately, PayPal contributes in increments of $1000.

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December 20, 2011, 07:11:53 AM
 #34

I just found this:

Quote
"It would be perfectly legal for Mitt Romney to show up at a Restore Our Future fundraiser and have the director of the super PAC take the stage, introduce Romney and then solicit money from the crowd for unlimited donations [before Romney took the stage]," Ryan said.

Source: http://www.huffingtonpost.com/2011/11/10/super-pac-independence-stephen-colbert-karl-rove-fec_n_1086273.html

And this:

Quote
But it marks one more step removing the illusion of "independence" surrounding super PACs, which are proliferating this year because of their ability to collect unlimited amounts of money from corporations and wealthy donors….

Source: http://firstread.msnbc.msn.com/_news/2011/08/17/7399074-super-pacs-independent-in-name-only

Bitcoin100: 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac
Attention Non-profits: By choosing Bitcoin as a donation option, you'll incur no transfer fees, thus receiving 100% of donations in kind, thereby keeping in the spirit of giving--to those in need.
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December 20, 2011, 02:08:49 PM
 #35

I'm guessing you guys don't watch Colbert Report. He went through the entire process of getting a PAC and Super PAC on his show. Requires filing forms with government and waiting for approval. Might need a lawyer to draw up the documents too.

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December 20, 2011, 02:18:16 PM
 #36

I'm guessing you guys don't watch Colbert Report. He went through the entire process of getting a PAC and Super PAC on his show. Requires filing forms with government and waiting for approval. Might need a lawyer to draw up the documents too.
... and be approved by the federal elections commission.   This is a large, expensive ordeal.  You will need lawyers and tens, if not hundreds, of thousands of dollars.

IMO, donating to an existing Super PAC is more in line with the scope of this project.  If you can get revolution PAC to accept bitcoin, I'll send a few their way (and fill out any personal information they are legally required to collect).
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December 20, 2011, 02:31:44 PM
 #37

+1 for encouraging Revolution Pac to accept Bitcoins.

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
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December 20, 2011, 04:32:56 PM
 #38

I'm guessing you guys don't watch Colbert Report. He went through the entire process of getting a PAC and Super PAC on his show. Requires filing forms with government and waiting for approval. Might need a lawyer to draw up the documents too.

I did watch that video last night while doing my research. In fact, it was that video that got me heading in the right direction. Amazing the nuggets one can find hidden within humorous commentary.

I'm guessing you guys don't watch Colbert Report. He went through the entire process of getting a PAC and Super PAC on his show. Requires filing forms with government and waiting for approval. Might need a lawyer to draw up the documents too.
... and be approved by the federal elections commission.   This is a large, expensive ordeal.  You will need lawyers and tens, if not hundreds, of thousands of dollars.

IMO, donating to an existing Super PAC is more in line with the scope of this project.  If you can get revolution PAC to accept bitcoin, I'll send a few their way (and fill out any personal information they are legally required to collect).

+1 for encouraging Revolution Pac to accept Bitcoins.

Now where getting somewhere. See! There's always a solution.

~Bruno~

Bitcoin100: 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac
Attention Non-profits: By choosing Bitcoin as a donation option, you'll incur no transfer fees, thus receiving 100% of donations in kind, thereby keeping in the spirit of giving--to those in need.
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December 20, 2011, 05:09:18 PM
 #39

i just read up on the guy. he thinks every man should be as free as possible, especially in regard to how much firepower he can hoard. women however are free to give birth and stfu. its really a pity i cant vote for him  Grin

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December 21, 2011, 12:51:20 AM
 #40

Is anybody interested in taking over this idea? I can easily have the wallet transferred over to whoever wants to run with this. I desire to spend all my extra energy on Bitcoin100. I, personally, will support whoever takes this over with what ever I can provide.

~Bruno~
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