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Draft Biden 2016 Campaigners now Accepting Bitcoin Donations

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by , 06-24-2015 at 01:30 PM (1205 Views)
      
   
Draft Biden 2016 Campaigners now Accepting Bitcoin Donations

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Draft Biden 2016, a group of people who are preparing the groundwork for Biden in the early states of New Hampshire, South Carolina, and Iowa as well as building up an army of volunteers and supporters around the country, ready for Biden when he enters the race, have announced that they are accepting Bitcoin donations as well.

According the super-PAC pressuring Vice President Biden to run for the post of POTUS (President of the United States) they are open to accepting Bitcoin donations from supporters. Earlier, Senator Ron Paul started accepting Bitcoin for his campaign for the US presidentship. The latest addition gives a huge impetus to the cause of Bitcoin in the country.

Draft Biden 2016 says that it will accept contributions made with the virtual currency for this is in consonance of the vision that Vice President Biden has about technology and innovation. Joseph Schweitzer, the group’s director, said in a statement that Biden has supported the latest technology throughout his career,” Joseph Schweitzer, the group’s director, said in a statement.
Nonetheless, Bitcoin has been receiving support from a lot of politicians but it is perhaps for the first time that it is being accepted by the candidates running for the highest post in the US. Even Joseph Schweitzer admits that donors should ready their mobile wallet as they will be able to simply scan-and-donate.

Limit of Bitcoin Donations to $100 per Person


He added that there’s no hassle with a card number, no delay and unparalleled cryptographic security. However, Draft Biden 2016 said it would limit Bitcoin donations to $100 per person in light of unresolved questions about how Federal Election Commission (FEC) regulations relate to cryptocurrency.

As the group does not want to violate the local laws, it would also require Bitcoin donors to identify themselves via an online contributor form. Additionally, Draft Biden 2016 says that it is also helping lay the groundwork for Biden’s potential presidential campaign by fundraising and recruiting volunteers in early-voting states such as Iowa and New Hampshire.

Though Biden has not publicly stated whether he plans to seek the presidency in 2016, the people behind Draft Biden 2016 want him. According to them he should run, he would compete for his party’s nomination with Hillary Clinton, the Democratic front-runner, as well as Sen. Bernie Sanders (I-Vt.) and former Rhode Island Gov. Lincoln Chafee.

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