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Political Outsider In Texas Is Now Accepting Bitcoins For His Senate Run

Jan 1, 2014, 22:41 IST

Rep. Steve Stockman (R-Texas) is the outsider's outsider - what other Texan would spend a freezing New Year's hundreds of miles away in New York City?

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But there he was last night at the launch event for the NYC Bitcoin Center, located just up the street from the New York Stock Exchange.

Stockman's attendance was a favor to Center founder Nick Spanos, a real estate developer and Bitcoin enthusiast. Spanos helped phone bank on Stockman's most recent Congressional campaign.

The Center itself is still in something of a planning stage, existing more as a statement about Bitcoin itself, though it plans on hosting a hackathon later this month.

Stockman, a vocal opponent of Fed policy, told Business Insider last night that he wants to promote Bitcoin, whose most fervent evangelists tout as an alternative to fiat currency.

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To do so, he is now accepting Bitcoin for his Senate campaign against incumbent John Cornyn.

Here's the photo:

The Bit PagesRep. Stockman with Nick Spanos, founder of the Bitcoin Center.

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