Bloomberg Quotes Trevor Potter on Bitcoin and Politics: What Could Go Wrong?
Bloomberg quoted Trevor Potter regarding a political action committee's request to use Bitcoin, an alternative sort-of currency. The PAC, Conservative Action Fund, sought an advisory opinion from the Federal Election Commission on accepting contributions in Bitcoins. For the complete article, please visit Bloomberg's website.
Excerpt taken from the article.
As former FEC chairman Trevor Potter noted in another e-mail, campaigns and political committees may already accept contributions in foreign currencies (provided they are from U.S. citizens and don't exceed limits).