In a recent interview with QZ, 2-time presidential candidate and former secretary of state Hillary Clinton revealed that she doesn’t own any bitcoins.
— Neeraj K. Agrawal (@NeerajKA) September 14, 2018
The news shouldn’t be surprising to anyone. Clinton is literally the face of establishment and bitcoin is a threat to it. Back in 2016 when she was a presidential candidate, she had said that accepting Bitcoin was ‘too libertarian.’
In the infamous Podesta E-mail leaks, Wikileaks revealed Hillary Clinton’s decision to avoid accepting donations in Bitcoin for her presidential campaign. This leak came on the heels of the Clinton Campaign’s announcement of an Initiative on Technology & Innovation where she used the phrase “public service blockchain applications,” in her proposal.
In an email to his colleague, Podesta wrote: “I don’t send all the crazy ideas I hear about at fundraisers your way, but this seems interesting and legit. Essentially digital currency with a green angle as opposed to bitcoin’s libertarian Ayn Rand schtick.”
When one reads through the full email chain, it’s clear that Podesta and the campaign were really only looking at a digital currency for political reasons. They aimed to match the more forward-thinking nature of the of the Republican party and presidential candidates like Rand Paul who became the first presidential candidate to accept donations in bitcoin.
“As we discussed, Bitcoin is being used on the Republican side and could be a useful tool…”
It seems absurd that people like Clinton who are as corrupt as they come to say that Bitcoin can be a toll to perpetuate corruption. This Tweet perfectly points out the insane levels of wealth the public servant making just $300,000 a year has amassed.
In 1978 when working with Tyson Foods she did cattle futures trading and turned $1000 into $98,000 with zero experience.
Now she has a net worth of over $200,000,000.
Amazing luck for a public servant who never earned a salary of more than $300k. pic.twitter.com/5OxmtG3LNk
— Bruce Fenton (@brucefenton) September 14, 2018
While people like Clinton are rejecting Bitcoin, there are many politicians that have fully embraced it. Republican Andrew Hemingway started the trend in 2014. Hemingway was introduced to bitcoin as a tech entrepreneur. At 32, he became the youngest gubernatorial candidate in New Hampshire history — and the first to accept bitcoin contributions.
Though Hemingway ended up losing his bid for governor, a long line of politicians have followed in his footsteps. Take, for instance, Austin Petersen from Missouri. His Senate campaign has received 24 bitcoin contributions this year. New York Democrat Patrick Nelson, who is running for Congress, is also accepting contributions through bitcoin payment service provider Bitpay. The first presidential candidate to accept bitcoin contributions was Kentucky Republican Sen. Rand Paul. The libertarian previously expressed excitement about the future of digital currency as a potential replacement for credit cards.