Bitcoin and politics. They may soon go hand-in-hand. Financially speaking, of course. The Federal Election Commission will reportedly consider a request on Wednesday to officially allow political campaigns to accept bitcoin donations in the mid-term elections coming up. The news comes as bitcoin continues its rapid growth and more organizations are embracing the digital currency, which allows for easy transactions less hefty fees charged by traditional card processors. A non-partisan political group by the name of Make Your Laws made the request, which they’re hoping will be approved. Make Your Laws is launching soon, and seeks to use technology to empower citizens when it comes to elections and democracy.Full Article: Federal Election Commission to Consider Allowing Bitcoin Donations to Campaigns.
Apr 24 2014