California may allow campaigners to accept digital currency donations

[hiramehar]

 Smiley Smiley

     According to coindesk, the California Fair Political Practice Committee met on Thursday to discuss whether the campaign can accept digital currency donations.In opposition, committee member Nicolas Heidorn suggested allowing campaigners to accept digital currency contributions after further research on digital currency.The Committee does not agree with this recommendation.
     Among the members who support cryptocurrency, Allison Hayward is the most prominent.She opposed a total ban on digital currency, and she said she particularly hated to ban digital currency from becoming a campaign fund before she did not investigate it, and she believed that blockchain technology would eventually become a powerful tool in trading behavior.
     Both Brian Hatch and Frank Cardenas believe that digital currency should not be completely banned, but if this proposal is accepted, the ensuing fraud becomes the biggest problem. The committee did not reach a final conclusion and will continue discussions next month.

[Lukasz]

That is agreat news indeed helping to popularise the ease of use and purpose of electronic currency also underlining its advantage of bypassing banks and their steep fees

[bhm45]

This would be a great move !!! I hope many more countries move forward in that direction and make digital currencies more viable in the future to avoid any fiat currency deficit.I also support this cause by telling that crypto space has to be given some relaxation to explore more viabilities and its usage in the daily needs. Blockchain technology will be no doubt used in every domain the in the coming future, thats all i can say.

[aji678]

It is a good move to accept cryptocurrencies as part of campaign donation and a donor can now safely and privately contribute to the campaign where the transactions of cryptocurrencies are anonymous thus preventing from any conflict of interest to the political parties. I hope that blockchain technology can also be applied to voting system.

[Zed0X]

There is not much reason to object the proposal really. Maybe the only issue is providing the name of the donor. This is still a good news for crypto.

[rizqillah]

Smiley Smiley

     According to coindesk, the California Fair Political Practice Committee met on Thursday to discuss whether the campaign can accept digital currency donations.In opposition, committee member Nicolas Heidorn suggested allowing campaigners to accept digital currency contributions after further research on digital currency.The Committee does not agree with this recommendation.
     Among the members who support cryptocurrency, Allison Hayward is the most prominent.She opposed a total ban on digital currency, and she said she particularly hated to ban digital currency from becoming a campaign fund before she did not investigate it, and she believed that blockchain technology would eventually become a powerful tool in trading behavior.
     Both Brian Hatch and Frank Cardenas believe that digital currency should not be completely banned, but if this proposal is accepted, the ensuing fraud becomes the biggest problem. The committee did not reach a final conclusion and will continue discussions next month.

I think It is  a great news, If California may allow campaigners to accept digital currency donations.

[Danus]

Yes, I also like it very much, because it is in the middle layers of the currency, it can take the place of the winners from all the middle layers. Thank you.

[ayatoslaw]

a right decision, blockchain should not be completely banned, because in the future blockchain will be taken into account, because cryptocurrency will also sooner or later be recognized by all countries, whether developing or developed countries.
but this is all my opinion, I hope the above problem can be solved as soon as possible and blockchain is not prohibited by California.