Bitcoiner Bruce Fenton Confirms He’s Running for New Hampshire’s Senate Seat

Former enforcement manager of the Bitcoin Foundation Bruce Fenton is officially moving for the Republican information for New Hampshire’s spot successful the U.S. Senate. And he’ll beryllium starting his run with a self-funded injection of $5 cardinal of idiosyncratic bitcoin wealth.

Fenton’s announcement connected Wednesday confirmed earlier reports that the long-time crypto proponent and self-described libertarian was flirting with the thought of a Senate run.

Incumbent Senator Maggie Hassan (D-N.H.) is widely unpopular with her constituents, making her spot susceptible to a Republican challenger – and Fenton wants to propulsion his chapeau into the ring. Fenton told CoinDesk connected Wednesday that his archetypal $5 cardinal publication would beryllium a indebtedness to the run but that helium would "spend and rise immoderate it takes."

"I deliberation that the wealth strategy successful authorities is breached and acceptable for disruption truthful I deliberation we tin walk precise efficaciously and get a batch much for our dollars," Fenton added.

As crypto becomes an progressively blistery taxable connected Capitol Hill, much lawmakers are aligning themselves with the crypto industry. Candidates that are seen arsenic crypto-friendly person enjoyed support from crypto enthusiasts, an expanding fig of whom are describing themselves arsenic single-issue voters.

Fenton is simply a comparative late-comer to the race, which means helium faces a tougher combat successful the superior election, which is slated for Sept. 13.

But contempt the obstacles, Fenton told CoinDesk that helium felt compelled to effort anyway.

“I knew this is thing I had to bash oregon I would regret it,” Fenton said. “I don’t cognize what alteration I tin marque successful the satellite but I cognize I indispensable try.”

“We are astatine a precise peculiar clip successful satellite history,” Fenton added. “Bitcoin and the crypto gyration is 1 cardinal portion of the large alteration we are seeing successful however our systems work. I deliberation our values of decentralization and state are astir to alteration the world.”

“I’m successful favour of limiting authorities engagement successful our lives arsenic overmuch arsenic possible,” Fenton said. “Whether it’s crypto oregon immoderate different issue, I judge authorities should trim regulatory burdens and get retired of our lives and wallets.”