Forde’s campaign has received more than $66,000-worth of the dominant cryptocurrency in August and September of 2017, sparking interest from members of Congress eager to do the same. “A number of members of Congress have asked for my advice about how they can accept bitcoin as well,” he told ABC News.
Forde rightfully sees himself as ahead of the curve when it comes to utilizing new technology for campaign contributions, explaining:
When Howard Dean first accepted credit cards online to fundraise for his campaign, people were skeptical. Four years later, Barack Obama broke fundraising records using the same technology. Bitcoin, and its underlying technology, blockchain, is often described as ‘the next internet.’ We’re proud to join hundreds of thousands of people and companies around the world that accept bitcoin.
Candidates who accept campaign donations in the form of Bitcoin attract support from newly-rich investors who’ve only recently made their fortunes in the cryptocurrency space, and are thus more likely to support the emerging technology’s interests domestically.
Would you like to see more blockchain-friendly politicians in Washington? Do you ever see your Congressional district getting on board with Bitcoin? Let us know in the comments below!
Images courtesy of Shutterstock, YouTube