Reform open the doorway for anonymous unregulated donations
this post was submitted on 30 May 2025
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They aren’t anonymous.
Really? There's a register of bitcoin wallet IDs to names and addresses?
They’re required to collect details.
Exchanges are, but anyone can make a working wallet using one of the many free programs available. No real name, no KYC, just a public/private key pair and an address.
Grifter grifts also inb4 he launches Britcoin or Churchill or some other nonsense
Trump: UK Edition
Can’t wait to see it all get stolen.
Why did the Guardian even bother to write this article? It isn't really newsworthy imo.
The largest 3rd party in the country (according to polls) is talking about accepting donations that can't be traced by regulators like the Elections Commission. They've already been associated with a lot of US dark money who would love something like this to get around donation limits. This is definitely newsworthy.
On Thursday the Reform website was updated to accept cryptocurrency donations. There was a disclaimer stating that all donations were subject to Electoral Commission rules and that anonymous donations were not permissible.
They don't accept anonymous donations. So that doesn't appear to be a concern at least.
It'll be interesting to see how they enforce that. The Electoral Commission will have quite a time tracing all the Bitcoin transactions that go to that address.
How about gold, silver, or wp:Ethereum?
On 15 September 2022, Ethereum transitioned its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS) in an update known as "The Merge", which cut the blockchain's energy usage by 99%.[10]