The fight for Bitcoin in the US will be a marathon, not a sprint. True to Bitcoin’s ethos, this organization will operate with a low time preference, focusing entirely on high-impact expenditures. And by denominating our balance sheet in bitcoin, whatever we don’t spend gives us more purchasing power in future elections. This is the first political organization whose power will scale with Bitcoin’s.
Contributions to Financial Freedom PAC are not deductible as charitable contributions for federal income tax purposes. Contributions from foreign nationals are prohibited. Financial Freedom PAC is registered with the Federal Election Commission as both an independent expenditure-only committee, and as a traditional nonconnected committee. As such, it maintains two separate bank accounts: (1) a non-contribution account for independent expenditures; and, (2) a “hard money” contribution account. Financial Freedom PAC may accept unlimited contributions from individuals, corporations, and other organizations into its non-contribution account. Financial Freedom PAC may not accept contributions from corporations, labor unions, federal government contractors, national banks, and foreign nationals into its contribution account. The maximum an individual may contribute to Financial Freedom PAC’s contribution account is $5,000 per calendar year.