A libertarian Bitcoin enthusiast is actively exploring a self-funded bid for New Hampshire’s Republican Senate nomination.
A run by political novice Bruce Fenton could shake up the state’s sleepy GOP primary, thanks to his ties to the state’s active libertarian movement and his plans to self-fund with $5 million worth of Bitcoin wealth. Fenton could also draw national support from Bitcoin enthusiasts, who have increasingly thrown their weight around the political arena in recent months.
“If I were to run it would be for all Bitcoiners and all New Hampshire residents,” Fenton, a financial adviser and Bitcoin activist, told POLITICO.
The state’s incumbent Democrat, Maggie Hassan, is seeking election to a second term. Republican Gov. Chris Sununu passed on the chance to challenge her, leaving a handful of lesser-known party figures, including state Senate president Chuck Morse, to vie for the GOP nomination.
Fenton said he has been reaching out to potential supporters and assessing the viability of a late entrance into the race. He said his interest in running is driven in part by his opposition to Covid lockdowns and vaccine mandates.
Fenton moved to New Hampshire several years ago from Massachusetts as part of the Free State Project, a movement to build a libertarian stronghold in the state.
He previously served as executive director of the non-profit Bitcoin Foundation, a group that was instrumental in promoting the cryptocurrency during its formative years.
Fenton said he will make a final decision by early next month, when he plans to travel to Miami to participate in Bitcoin 2022, a large annual crypto gathering.
Ben Schreckinger covers tech, finance and politics for POLITICO; he is an investor in cryptocurrency.
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By: Ben Schreckinger
Title: Bitcoiner eyes New Hampshire GOP Senate primary
Sourced From: www.politico.com/news/2022/03/23/bitcoin-new-hampshire-gop-senate-primary-00019497
Published Date: Wed, 23 Mar 2022 03:30:00 EST
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