Crypto Bid

Rand Paul First Presidential Candidate to Accept Bitcoin

Kentucky Republican Rand Paul has become the first presidential candidate to accept bitcoin donations.

Kentucky Republican Rand Paul has become the first presidential candidate to accept bitcoin donations. Recently announcing his candidacy for the 2016 election, the choice was an obvious one for Paul, a staunch libertarian.

He believes the government should take more of a “hands off” approach when it comes to managing the country’s money supply. Passionate Bitcoiners have long argued that government control has driven inflation and devalued the dollar.

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In 2013, he was strongly opposed to a government bailout of bankrupt Detroit, saying “I basically say he is bailing them out over my dead body because we don’t have any money in Washington.”

Paul is currently a member of the Senate and has been in office since 2011. He is considered part of the “Tea Party Movement” and has been a vocal critic of NSA surveillance. On other non-fiscal matters, he does have some more interventionist positions. He is considered less “non-interventionist” than his father, Ron Paul, when it comes to war-related issues, and considers himself “100% pro-life” on abortion matters.

His website also accepts credit card and PayPal donations.

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