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California Candidate to Congress Uses Anti-Bitcoin Ad to Attack Political Rival

  • Yuri Molchan
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    A member of the California Democratic Party, who is due to stand in elections for the Congress, runs an ad against his fellow candidate, who accepts donations in Bitcoin

California Candidate to Congress Uses Anti-Bitcoin Ad to Attack Political Rival
Cover image via u.today

Dave Min has recently performed a media anti-Bitcoin attack against another candidate from the same party, Brian Forde, and his sponsors who finance Forde’s election campaign with BTC. Min, who used to work for the US Security and Exchange Commission (SEC), opposed Forde, the former head of the Massachusetts Institute of Technology (MIT)’s cryptocurrency initiative.

Min called Forde’s donors cryptocurrency speculators who oppose regulatory struggles against drug trade and human trafficking.

Forde is the first candidate who wants to actively use Blockchain for collecting public opinion regarding the decisions of the US Congress and who accepts donations in virtual coins.

So far Forde managed to collect $130,000 in cryptocurrencies on his website crypto.forde.com. He claims that his goal is to promote technology and Blockchain in particular on the level of policymaking.

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The cause of the attack

Among those who donated digital tokens to the Forde’s election campaign was Brock Pierce, a board member of The Bitcoin Foundation. This could be one of the reasons why Min attacked Forde in the first place. It is well-known that The Bitcoin Foundation opposes some of the regulatory measures implemented by SEC.

Forde responded in the social media that he prefers fighting for progressive values than oppose people from the same Democratic party and would rather stay united with them.

So far, Min has not given any comments in this regard.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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