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Bitcoin in Politics: Fellow Democrats Clash Over Accepting Cryptocurrency Donations

Fellow Democrats Dave Min and Brian Forde clashed over accepting cryptocurrencies as donations while running for California’s 45th Congressional race. Back in September 2017, Austin Petersen, a Senate candidate in Missouri also began accepting Bitcoin for campaign contributions. Winston Edmonson, a four-time mayoral candidate in the Texas city of Lewisville, proposed the issuance of a municipal cryptocurrency as means of funding the local police force without having to raise taxes. As such, one would expect for it to be substantiated with facts, as politics is all about hard facts and decisions based on them, right? According to Axios, Min’s campaign manager failed to provide any reasonable merit for these serious accusations. As a matter of fact, as if she’s realized that the ad might have gone a bit too far, she states that while Min “is a huge believer in the potential of distributed ledger technology,” his primary concerns are focused towards some “deregulatory agenda being pushed by Bitcoin and cryptocurrency enthusiasts.” Despite refusing to provide any straightforward specifics, Min’s campaign manager pointed towards Brock Pierce as one of Forde’s leading Bitcoin donors. To this, Forde responded that: Pierce, while extremely controversial, has never publicly said he opposes ‘cracking down on drug deals and human trafficking.’ Indeed, starting beef of that kind seems quite sensational, but it should at least be backed by certain spot-on facts so that it doesn’t deflate as soon as someone questions it. Yes, Bitcoin is used by criminals, and so are other digital currencies. So much so, in fact, that it has been confirmed by official authorities and institutions throughout the entire world. Do you agree with Dave Min’s position on Bitcoin and other cryptocurrencies’ usage for human trafficking and drug deals?

California Dems endorse three candidates in pivotal House races

SAN DIEGO, Calif. — Three Democratic candidates running in top-tier House races in 2018 landed highly coveted endorsements from the California Democratic Party. The endorsements give candidates a big boost of momentum to stand out among their crowded fields ahead of the June 5 primaries. At the state party’s annual convention in San Diego, those three candidates were able to get the 60 percent of votes needed to land the endorsement. But tensions were high in the Walters district as Min’s opponents sought to block his endorsement. His rivals were able to collect the 300 signatures needed to do so and forced a floor fight that played out at the convention Sunday morning. But in a voice vote, state party chairman Eric Bauman said that more delegates supported Min. Meanwhile, in the other four GOP-held seats that Clinton carried, there will be no state party endorsements since no candidate reached the 60-percent threshold. Those are the seats held by GOP Reps. Steve Knight, Jeff Denham, Ed Royce and Darrell Issa. Both Royce and Issa opted not to run for reelection in 2018. Beyond those seven races, Democrats are also targeting several other House seats in California that are considered more of a reach.