This Crowdsourced Project Attempts to Reveal American Politicians That Own Bitcoin
On September 19, 2021, the software developer and cofounder of Casa, Jameson Lopp, announced a new project called bitcoinpoliticians.org which sifts through Congressional financial disclosures and records them into a dat...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
On September 19, 2021, the software developer and cofounder of Casa, Jameson Lopp, announced a new project called bitcoinpoliticians.org which sifts through Congressional financial disclosures and records them into a database. Lopp says the aim is to create “more transparency around bitcoin ownership” and so far he’s analyzed about 13% of Congressional financial disclosures.
Jameson Lopp Launches Bitcoin Politician Project
These days politicians owning bitcoin has become a rising trend during the last few years in contrast to the early days when bureaucrats criticized the concept regularly. There’s definitely a great number of politicians that still hate bitcoin and the crypto economy, but now lawmakers are starting to see the benefits of the technology and there’s a number of bureaucrats in a variety of countries who now own the leading crypto asset.
Members of Congress and other U.S. federal leaders are required to disclose their finances to the public, as was the case with the recent scrutiny against senior Federal Reserve officials and the Fed chairman Jerome Powell. The cofounder of Casa Jameson Lopp started a new project called bitcoinpoliticians.org which attempts to record bitcoin ownership among U.S. bureaucrats.
“Based upon public financial disclosures, we can know which politicians in Congress actually have skin in the game,” the website explains. “Because searching through financial disclosures can be a time-intensive process, this project’s goal is to crowdsource the work.” Lopp details in a tweet that he’s “analyzed 13% of the 538 reports” stemming from the U.S. House, U.S. Senate, and the U.S. Executive Branch.
Lopp is hoping that the crypto community will help finish the rest of the reports in order to have a more accurate list of bitcoin-holding U.S. politicians. “I estimate about 40 hours of labor required to research and fill in the remaining 435 Congress members’ financial disclosures on bitcoinpoliticians.org,” Lopp added on Tuesday. “A full week of work for a sole contributor, but far less if a few dozen folks lookup 10 disclosures each.”
While scanning the list of U.S. bureaucrats from the Senate, House, and Executive Branch, a great number of the politicians listed have either a “no” or a question mark next to their name. This means the person either definitely does not own bitcoin by their own testimony or at the moment the politician’s financial disclosure has not yet been assessed by Lopp or community members. There is only one “yes” mark next to the politicians listed and that person is the Republican Cynthia Lummis.
According to Lopp’s website, Lummis owns around $100K – $250K of bitcoin (BTC). However, Lopp’s website does mention that the Republican Patrick Toomey owns the Grayscale products GBTC and ETHE. Bitcoinpoliticians.org does disclose a few American bureaucrats who own gold like the Republican Mitt Romney who owns $250K-$500K of gold bullion. The Republican Joshua Hawley owns $1K to $15K of the Gold Trust.
As Lopp’s list has not been fully analyzed it does not mean Lummis is the only bitcoin owner. When the disclosures are fully combed through, there may be a few more U.S. bureaucrats who have disclosed that they own the leading crypto asset.
What do you think about Jameson Lopp’s bitcoinpoliticians.org website? Let us know what you think about this subject in the comments section below.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
EU expands HTX crackdown as Russia-linked crypto network keeps shifting its financial rails
The European Union has sanctioned HTX, widening a Russia crackdown that has already affected counterparties beyond the exchange. T...
Ethereum Price Gaining Ground as Its SMA 30D Funding Rate Climbs Highest in Six Months
Ethereum price is approaching a key technical inflection point, trading at $1,880 after slipping about 0.3%, intensifying its bear...
Ethereum News: How a $67M ETH Short Reveals Hyperliquid’s Institutional Leap
In Ethereum news today, Fasanara Capital, a London-based quantitative asset manager, is holding a $67M ETH short on Hyperliquid vi...
Charles Hoskinson: Ethereum Is Copying Cardano’s EUTXO Model Without Credit
Cardano founder Charles Hoskinson has yet again accused Ethereum developers of adopting Cardano’s Extended Unspent Transaction Out...
Polymarket Bettors Give Ethereum Just a 17% Shot at Reaching $3,000 in 2026
Traders on Polymarket and Kalshi are staking millions of dollars on where ethereum’s price lands before the end of 2026, with the...
Cointelegraph Bitcoin and Ethereum Coverage Reflects Shifting Blockchain Landscape
Cointelegraph's sustained Bitcoin and Ethereum coverage highlights market dynamics, regulatory implications, and the enduring domi...