Bitcoin Under Fire

Rand Paul - Donate
This week, Sen. Rand Paul became the first U.S. Presidential Candidate to accept Bitcoin donations. The New York Times published an article entitled, “In Accepting Bitcoin, Rand Paul Raises Money and Questions”. The article argues “presidential fund-raising [...] may have just become even more secretive”, suggesting that Bitcoin opens the doors for illegal contributions.  The war of misinformation against Rand Paul has begun. Bitcoin is not untraceable and Rand Paul is trying to out perform the Fed in secrecy.

Money and information; if you can control these you can rule the masses. As a decentralized digital currency, Bitcoin liberates money from central control by any individual or group. As a public ledger of transactions, the Bitcoin network (the blockchain), holds a complete record of all transactions making it perfect for accountability in campaign finance. Bitcoin is transparent. This fact escapes many journalist and politicians who often prefer to cast Bitcoin beneath the shadow of the Silk Road and the Dark Web. While questioning Paul’s intentions the author also recorgnizes that Paul follows the FCC rules that limit Bitcoin contributions to $100.

Below is the email I wrote to the author addressing the false premise that bitcoin is “ultimately untraceable”:

Correction:
Bitcoin is perfectly traceable.

This is a common misunderstanding because of its murky origins. But every transaction on the Bitcoin network (Blockchain) is recorded on a public ledger viewable by anyone with eyes and an internet connection. Check out blockchain.info. You can check the balance and activity of any bitcoin address. For this reason Bitcoin is the perfect campaign finance currency.

Here’s a great article explaining the traceability and transparency of Bitcoin: How Anonymous is Bitcoin

Another omitted fact is that a Bitcoin donor must submit their name, address, and occupation before they are able to make a donation to Senator Paul.

Your article is based on a very false premise and common misunderstandings about this emergent technology. I hope you’ll acknowledge this mistake and make all necessary corrections.

I’ll let you all know about the reply… once I hear back.

My next and far more important letter will be to Assemblyman Matt Dababneh who has introduced a bill, AB1326 – Virtual Currency, to the California State Legistlature that would ammend the financial code to impose hefty fees and strenuous regulations on Bitcoin entrepreneurs. Please Tweet @MattDababneh and your CA State assemblyperson about your concerns against this troublesome legislation.

Update:

Another blogger wrote a similar article so I blasted him on Twitter.

LACRLC going viral?

This past Sunday, August 24, the Board of LACRLC, Nick Hankoff (Chair), Noah Johnson (Treasurer), and Amir Zendehnam (Secretary) joined a Hangout hosted by Melinda McCrady of Liberty on the Rocks. We talked about the “Liberty Kids” article, our shot heard ’round the world.
Then on Tuesday morning Amir joined the Armstrong & Getty Show, one of the funniest news talk shows in California. How is the “battle of the soul” for the GOP going?
Check out both media appearances below:

‘Liberty Kids’ shake up L.A. Republican Party, look to other states

Last month in July we had one of our biggest meetings to date. Reuters journalist Sharon Bernstein came to see what the Los Angeles County Republican Liberty Caucus was all about and wrote a piece on the activism the “Liberty Kids” as she called us, are accomplishing in Southern California. And though there was some conjecture in the piece, it is a great representation of what is to come with the future of the Republican Party!


(Reuters) – Amir Zendehnam passionately supports marijuana legalization, same-sex marriage, abortion rights and the Republican Party.

He is not alone. The 26-year-old aspiring restaurateur and chairman of the party’s West Los Angeles central committee is one of a raft of ethnically diverse young libertarians who hold seats in L.A. County’s huge GOP apparatus, injecting youthful energy into its operations at a time when the state’s Republican Party is nearly moribund.

After winning control the executive board of the Los Angeles County Republican Party in December 2012, the “Liberty Kids,” as they call themselves, are seeing the fruits of their activism. This year one of their own is running as the Republican nominee for Congress from the San Gabriel Valley, with Zendehnam serving as policy adviser.

The Liberty Kids are challenging the party’s social conservatives and are drawing the attention of Democrats, who see liberal youth as part of their base. And in what could be a harbinger for the GOP, they have begun campaigning in other states, aiming to increase their influence beyond California.

“I want you to look around the room,” Zendehnam said at a meeting last week, “because this is what the face of the Republican Party is going to look like.”


Click this link to read the entire article: http://www.reuters.com/article/2014/08/06/us-usa-california-republicans-idUSKBN0G522C20140806

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Liberty Candidates Win Central Committee Seats

Below is the full list of winners for Member, County Central Committee. 48 of the winners were endorsed by LACRLC. Endorsed candidates are in bold.

36AD
TOM LACKEY
MIKE DISPENZA
LARRY GROOMS
NORM HICKLING
MARVIN CRIST
DREW MERCY
LISA MOULTON

38AD
BRETT RYAN WALTER
JOE MESSINA
B J ATKINS
ADAM A GREGORY
ERROL W VALLADARES
M W HILDEBRAND JR
WENDY M ALBRIGHT

39AD
WANDA PIETY
MICHAEL A LENABURG
SUSAN KENNEDY
SANDRA E BORTH
JO ANN KNIGHT
MARGARET A SNOW
CHRISTOPHER MAIRA

41AD
RICHARD L MOUNTJOY
BRIAN M FULLER
R STAN MCCLAIN
S J SIRAGANIAN
ELAINE H KLOCK
JUDITH LEE NEAL
JACK C MERCICA

43AD
RYAN FORD
LINDA P SHEFFIELD
MARY FLYNN
WILLIAM E SARACINO
LENORE SOLIS
D “DOFFIE” LEWIS
MARK VAFIADES

45AD
JOHN MAGEE
ALBERT GERSH
CHRIS KOLSKI
RICHARD M SHERMAN
THOMAS E HANSON
T A CONSTANTINE
JORGE A ESTRADA

46AD
PATRICIA E DIXON
NANCY M KREMER
JAY L STERN
STEVEN V MURO
WENDY EDRINGTON
NATE G KRAUT
MARY CULVER

48AD
JUDY MARIE NELSON
DAVID MILLER
KEVIN STAPLETON
MIKE SPENCE
MARLENE F OSBORN
ROBERT B EWING
VALERIE R EVANS

49AD
P M AMUNDSON SR
RON ROBINSON
ERIC L CHAN
DALE W CASE JR
CONNIE RUFFLEY
RON G ESQUIVEL
JOHN QUINTANILLA

50AD
GARY A AMINOFF
JOSEPH S FEIN
GAVIN W GREER
JULIA-ANNA KAVICH
L D CAVALIERI
PAUL M FREDRIX
SCOTT A SNAPP

51AD
WILLIAM MORRISON
RYAN J PARAVECCHIO
STEPHEN C SMITH
MICHAEL MCGUIRE
ARTURO E ALAS III
JASON SYWAK
ANDREA L ANDERSON

52AD
ROXANNE DOUGLAS
ROBERT W VAUGHN
DAVID DIAZ
DANIELLE RASCON

53AD
ANDREW DAVIS III
JOSE T AGUILAR
JENNIFER PEARMAN
MANUEL S HARO JR
TRAVIS PEARMAN

54AD
DONALD WOOD
ROBERT L DUITSMAN
BEATRICE M JETT
JAMES H SEBELSKI
MATHEW B CHARNAY
TYLER W KOTESKEY
LADY CAGE-BARILE

55AD
STEVE TYE
TOM KING
ALLEN J WILSON
MICHELLE DORTIGNAC
TRISHA L BOWLER
EDDA M GAHM
KATY LEE

57AD
S GRANADOS-SOUTHE
PATRICIA S LUND
SELMA H MINERD
SANDRA M KEAT
CONNIE M BREWER
LORETTA J STILES
THOMAS J GHYSELS

58AD
ALLEN G WOOD
GRACE HU
RICK ROYSE
MATT S KAUBLE
PAUL KIM
DAN N CRISTEA
SERGIO ESTEVEZ

62AD
CARL F DAVIS JR
JULIUS D WILSON
MAUREEN JOHNSON
DOUGLAS G EHLERS
MARCO A LEAL
CAROL L COLE
DAVID J PICARD

66AD
DAVID F HADLEY
PAUL M NOWATKA
KENNETH A HARTLEY
KIM MAC MULLAN
JOHN J PARSONS
WILLIAM L SCHMIDT
P O LAGRELIUS