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Bitcoin Advocacy Project Announces Super PAC To Propel U.S. To Hyperbitcoinization Today

Director Of Policy And Public Affairs at Bitcoin Magazine Grant McCarty announced the launch of a multi-faceted political effort today on the main stage of Bitcoin 2022. These efforts include the Bitcoin Advocacy Project (BAP), the Bitcoin Policy Institute (BPI) and the newly-registered Financial Freedom PAC, otherwise known as the Bitcoin PAC.

The Bitcoin Advocacy Project is a 501(c)(4) nonprofit organization dedicated to supporting and defending Bitcoin users in the U.S. by fighting against political efforts to protect self custody and proof of work, according to McCarty. As part of its work, it has provided the initial seed funding for two separate political organizations: the Bitcoin Policy Institute, a 501(c)3 Bitcoin-focused policy think tank, and the Financial Freedom PAC, a hybrid PAC registered with the Federal Election Commission dedicated to supporting and helping elect proponents of Bitcoin.

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