For 2020 candidates, Bitcoin donations are simply not worth the effort

Date
Publication
Fast Company
Expert

Skeptics contend that the whole point of Bitcoin is actually to ensure anonymity. So, while it’s easy to trace the coin, it harder to identify the person behind that coin. “With a credit card or debit card, you can almost always get to the human being one way or another,” says Adav Noti, a lawyer at the Campaign Legal Center who oversaw the FEC’s Policy Division while the commission ruled on how to proceed with Bitcoin in 2014. “With cryptocurrency, you may quickly get to a true dead end.”

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