Madison, WI, May 3rd, 2018 – Libertarian Party candidates are ready to accept Bitcoin donations, pending WEC guidance.
“We’ve set up a BTC donation portal, using FEC compliant BitPay,” stated Phil Anderson, Libertarian candidate for Governor. “We won’t use it until the WEC gives guidance, but we are ready, and confident that Wisconsin government can keep up with technical and financial innovation.”
On April 24th, Anderson spoke to the Wisconsin Ethics Commission, requesting guidance regarding cryptocurrency donations to campaigns. Current rules only allow for monetary and tangible assets as donations, although the previous rules did allow for intangible donations as well. The Federal Elections Commission began allowing donations in Bitcoin and other cryptocurrencies in 2014.
“I’m a bit shocked that Wisconsin lags behind the FEC in understanding that Bitcoin is just another form of money, and any restriction on donations to campaigns and candidates is an infringement on free political speech,” continues Anderson. “All we ask, for now, is that Wisconsin either conform to FEC guidelines, or to its own former guidelines.”
“People should be free to donate to campaigns in whatever manner they choose: it is their right. We ask for no change in the principles, nor the limits and accountability that currently exist. The WEC just needs to interpret the statute and guidelines to ensure respect for that basic, democratic right,” continues Anderson.
Phil Anderson is the Chair of the Libertarian Party of Wisconsin, and a candidate for Governor. Patrick Baird is a candidate for Lieutenant Governor. They can be reached at phil@4PhilAnderson.org, or via www.TeamGuv.org