Steve Stockman in BusinessInsider.com

On Technology: Accepts Bitcoin donations as an alternative to fiat currency

Steve Stockman is the outsider's outsider--what other Texan would spend a freezing New Year's hundreds of miles away in New York City? But there he was last night at the launch event for the NYC Bitcoin Center, located just up the street from the New York Stock Exchange.

The Bitcoin Center itself is still in something of a planning stage, existing more as a statement about Bitcoin itself, though it plans on hosting a hackathon later this month.

Stockman, a vocal opponent of Fed policy, told Business Insider last night that he wants to promote Bitcoin, whose most fervent evangelists tout as an alternative to "fiat currency" [such as dollars; Bitcoin is not backed by any government]. To do so, he is now accepting Bitcoin for his Senate campaign against incumbent John Cornyn.

Source: Business Insider on 2014 Texas Senate race Jan 1, 2014

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Page last updated: Oct 11, 2020