Bitcoin Nation

NY Congressional Candidate Jeff Kurzon is Now Taking Donations in Bitcoin

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Ever since the FEC decided that it was legit for congressional campaigns to take donations in Bitcoin, a few future-forward politicians have made digital currency donations part of their platform. Now that trend is making its East Coast debut in New York City’s 7th district.

Congressional candidate Jeff Kurzon will start accepting donations to his campaign in Bitcoin this week as part of his effort to unseat Congresswoman Nydia Velázquez. Jeff Kurzon is the first New York politician to accept digital currencies for a campaign, following in the footsteps of Colorado’s Jared Polis and Texas’s Steve Stockman. Read More

Bitcoin Nation

Colorado Congressman Starts Accepting Campaign Donations in Bitcoin

(via Jeffrey Beall)

Rep. Jared Polis, “The Gamer Congressman,” said yesterday that he’s started accepting Bitcoin for his next reelection campaign.

“Bitcoin, and other digital currencies, are just beginning to show the world what a tremendous tool they can be,” Mr. Polis said in a release, “whether it is reducing transaction costs in developing nations, giving people more options for engaging in commerce, or sending Representatives dedicated to advancing personal freedom to Congress.” Read More

it's all about the bitcoin baby

Bitcoin Whiz Charlie Shrem Says ‘There Are Holes’ in His Money-Laundering Case

charlie shrem bitinstant bitcoin silk road

“This is kind of a premiere for Charlie,” New York Times reporter Nathaniel Popper joked last night. “This is the first time I’ve seen you out of the house.”

Mr. Popper and former BitInstant CEO Charlie Shrem were sitting on the stage at the School of Visual Arts theatre. Mr. Shrem was arrested in January on charges of money laundering associated with his bitcoin exchange company, BitInstant. He’s currently under house arrest, but was allowed to attend last night’s panel on the documentary The Rise and Rise of Bitcoin, in which he’s a prominent character.

Filmmakers Nicholas Mross and Daniel Mross joined Mr. Shrem and Mr. Popper onstage, following a screening the documentary.

The documentary follows bitcoin magnates like Mr. Shrem, Jered Kenna of Tradehill, Gonzague Gay-Bouchery of Mt. Gox and Mike Caldwell of Casascius Coins. Read More