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

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, according to unofficial results published by Missouri elections officials.

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.”

Even so, Peterson’s supporters touted polls that suggested he — not Hawley — had the best chance to unseat McCaskill, the Democratic incumbent who is seeking a third six-year term. President Trump won Missouri handily in 2016, so Republican strategists believe they have an opportunity to flip the seat in November…

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