Don’t Allow Bitcoin Donations

by Matthew Rothschild, Executive Director

April 25, 2018

The Wisconsin Democracy Campaign strongly opposes letting people give campaign contributions in bitcoins.

First, the value of the bitcoin fluctuates greatly, even in the course of a day, so it would be difficult to accurately count the donation, and the donation could quickly exceed the legal limit if the bitcoin inflated rapidly.

And second, and more importantly, there is a big problem of transparency, with the donor being difficult to trace.

We’ve got a big enough problem with corruption already; we don’t need to grease the skids for more corruption, which is what allowing bitcoin donations would do.