How Wisconsin is Helping Lead the Bitcoin Movement Across the Greater US Landscape
A whitetail doe and her fawn run through the woods at the Donges Bay Gorge, a parcel of Lake Michigan-fronting land wedged between new McMansions in Mequon, Wisconsin. The nature preserve is one of the many properties in this part of the Midwest whose future protection could be funded by bitcoin. The properties are owned or managed by the Ozaukee Washington Land Trust, a non-profit entity that posts its bitcoin address on its website for potential donations. "Donate your bitcoins and we'll plant trees," said executive director Shawn Graff, a cryptocurrency enthusiast who brought the idea....
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A politician from the US state of Wisconsin has returned a $100 bitcoin donation following guidance from the Government Accountability Board (GAB), a state-level campaign finance watchdog. As first publicised by the Wisconsin Reporter, Alderman Mark Clear, who is running for a seat in the state legislature, returned the donation after the GAB decided to wait for a forthcoming decision from the Federal Election Commission (FEC) as to the legality of such contributions. The FEC announced in late April that it had postponed its decision on bitcoin donations until its next meeting on 8th May.....
One of bitcoin’s most-often cited challenges is the need for widespread merchant adoption. In examining this issue, bitcoin researchers often note that only a handful of big-name merchants like Tiger Direct accept bitcoin. What often gets less attention is the benefits small merchants are finding with bitcoin; the reason being that smaller merchant adoption is harder to track. High Violet Salon and Spa in Wisconsin Dells, a tourist city in northern Wisconsin, has embraced bitcoin for the same reasons that many other businesses have – lower transaction fees, ease of use, and the option of....
This morning, Pfhub reported that Alderman Mark Clear of Wisconsin had returned a Bitcoin donation accepted by his political campaign for State Assembly. The Wisconsin Government Accountability Board (GAB) had previously ruled not to allow Bitcoin or any Digital Currency donations given their value fluctuation and non-negotiable value status. Though people in the GAB have voiced suggestions for Bitcoin donations to be treated as in-kind donations, echoing the current status quo on handling Bitcoin donations around the country, the official word in Wisconsin that is being handed down to all....
Now that federal-level political candidates have gotten the all-clear (more or less) from the Federal Election Commission to accept Bitcoin, state-level candidates want into the cool kids’ club too. Mark Clear, a Democrat running for a State Assembly seat in Madison, Wisconsin, has begun lobbying for local approval for state candidates to take Bitcoin donations. Clear attended a meeting of the state’s Government Accountability Board (GAB) last week to argue in favor of widening the Bitcoin-in-politics pool. “If Bitcoin is good enough for federal candidates, it ought to be good enough for....
Bitcoin continues to experience significant gloomy price movement, fueling a broader negative sentiment in the entire cryptocurrency market, which has led to heightened uncertainties among investors and traders. Despite this pessimistic movement in the past few days, popular cryptocurrency analyst and trader Javon Marks investigating Bitcoin’s price action has predicted an impending much greater bull […]