Hillary Clinton’s campaign thinks Bitcoin is too “libertarian”


Rand Paul and Rick Perry embraced the untraceable digital currency Bitcoin during their presidential campaigns. So has Libertarian Gary Johnson.

Might the Democrats want to get in on this new fundraising avenue?

That’s exactly what Stan Stalnaker—a founder of the digital currency “Ven”—asked Hillary Clinton campaign manager John Podesta in an email last year as revealed on Tuesday by WikiLeaks.

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“As we discussed, Bitcoin is being used on the Republican side and could be a useful tool, but we think Ven is a better choice for your campaign due to its environmental benefits, identity metrics and closed loop status,” Stalnaker wrote in a May 13, 2015 email to Podesta. The two had met prior at a Clinton fundraiser.

Podesta forwarded the email to campaign tech aide Teddy Goff, adding, “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,” Podesta wrote of Stalnker’s proposal that the campaign use Ven as an alternative.

“Would you get some members of your team to meet with Stan when he’s in NYC later this month to see if it’s worth a real conversation?” Podesta asked. “Apologies for the slow reply – yes, of course, feel free to introduce and we will set up a meeting, “Goff replied three days later.

A month prior to this exchange, it was reported that Clinton would not be accepting Bitcoin.

Related: Rand Paul is the first presidential candidate to accept Bitcoin

In June 2015, Clinton announced her support for Blockchain, the technology that makes Bitcoin possible.

Last year, Sen. Rand Paul became the first major party presidential candidate to accept Bitcoin.

Disclosure: I co-authored Senator Rand Paul’s 2011 book “The Tea Party Goes to Washington.”


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