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Author Topic: [2014-05-08] FEC Rules PACs Can Accept Bitcoin Donations  (Read 436 times)
_smudger_ (OP)
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May 08, 2014, 04:00:20 PM
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http://www.thewire.com/politics/2014/05/fec-rules-pacs-can-accept-bitcoin-donations/361928/

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May 08, 2014, 05:03:17 PM
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Thanks for posting.

100 USD limit at the moment of donation and considered "in-kind". Are other in-kind donations limited to 100 USD?
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May 09, 2014, 01:32:23 PM
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Thanks for posting.

100 USD limit at the moment of donation and considered "in-kind". Are other in-kind donations limited to 100 USD?


http://www.coinbuzz.com/2014/05/09/fec-bitcoin-ruling/

“As with ‘bonds, securities, barter credit units…and works of art,’ it means that bitcoin contributions are now ‘by default’ permitted for up to $2,600 per campaign per year, $5,000 per PAC, $10,000 for state or local committees and $97,200 for national party committees, so long as recipients comply with disclosure and identification rules.”
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May 09, 2014, 01:39:10 PM
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Identification rules, my foot. Why can't we contribute anonymously? If we self-identify our-self while making the donations then there are chances that the rival party might think about retaliation.
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