Friday, August 17, 2018

Austin Petersen loses Missouri Senate primary

Bitcoin-Friendly U.S. Senate Candidate Austin Petersen Loses Republican Primary -
CCN:

August 8, 2018 - "Pro-bitcoin U.S. Senate candidate Austin Petersen has lost his Republican primary bid to challenge incumbent Missouri Sen. Claire McCaskill in the upcoming mid-term election.

"Petersen, who accepted the largest single bitcoin donation in federal election history and was also forced to return several six-figure cryptocurrency contributions due to campaign finance regulations, was soundly defeated by Attorney General Josh Hawley, who received 58.6 percent of the 663,553 votes...

"Despite garnering endorsements from several state-level Missouri politicians, Petersen finished a distant third, receiving 8.2 percent of the vote and coming in just behind Tony Monetti, who had been endorsed by former Alaska Gov. Sarah Palin.

"Petersen’s candidacy was always a longshot, and the Republican National Committee (RNC) had already begun campaigning for Hawley long before last night’s primary. Hawley had also won endorsements from major local newspapers, including the Kansas City Star, who said that many of Peterson’s ideas are “best left to theoretical discussions in academia, or ignored altogether'....

"For cryptocurrency supporters, Petersen’s candidacy marked an opportunity to add another pro-bitcoin voice to Congress.... As CCN reported, some legislators — such as Congressional Blockchain Caucus members Rep. Jared Polis (D-CO) and Rep. Bob Goodlatte (R-VA) — have embraced the burgeoning field, while others, perhaps most notably Rep. Brad Sherman (D-CA), have called for the government to pursue an outright ban on cryptocurrency.

"Previously, Petersen ran for president as a Libertarian Party candidate during the 2016 presidential election, finishing second ... to former New Mexico Gov. Gary Johnson, who ultimately received 3.28 percent of the popular vote."

Read more: https://www.ccn.com/bitcoin-friendly-u-s-senate-candidate-austin-petersen-loses-republican-primary/
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