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Author Topic: Representative Mark Warden Utilizing Bitcoin for Campaign Donations  (Read 9946 times)
evoorhees
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August 11, 2012, 08:26:47 PM
 #1

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  ]
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August 11, 2012, 08:36:04 PM
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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

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August 11, 2012, 08:51:12 PM
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awesome Smiley

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August 11, 2012, 09:04:24 PM
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awesome Smiley
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August 11, 2012, 09:05:42 PM
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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. Smiley
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August 11, 2012, 09:14:44 PM
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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?

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August 11, 2012, 09:16:44 PM
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I also wonder about the legal implications of this. Like, is it legal for him to accept foreign donations?

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August 11, 2012, 09:17:11 PM
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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?

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August 11, 2012, 09:21:18 PM
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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.

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August 11, 2012, 09:24:52 PM
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Don't see any issue with the requirements for +$100 donations but maybe it would be better for a resident to forward foreign donations, looks like you have a fairly good network of trust there Smiley Good luck.

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August 11, 2012, 11:20:33 PM
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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?

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August 12, 2012, 12:14:08 AM
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Wow!
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August 12, 2012, 12:17:47 AM
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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?

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August 12, 2012, 12:30:50 AM
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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.

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August 12, 2012, 12:37:45 AM
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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?

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August 12, 2012, 12:49:13 AM
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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.

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August 12, 2012, 01:41:43 AM
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I'm not a US citizen or resident but I'll donate a few BTC- hope this widens bitcoins exposure.
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August 12, 2012, 02:15:02 AM
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Well, pretty horrible site/photos, but he’ll get some of my coins for this move despite being a politician. ( below $100 at the moment of donation Smiley )
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August 12, 2012, 03:33:18 AM
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It looks like someone just donated 100BTC

https://blockchain.info/address/1B39L3wqnbVpRa9oHMWY2F6FsZJJAgJQX6
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August 12, 2012, 03:48:58 AM
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that wonderful news for everyone!
good work!

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