[Lnc-business] Question re: online media

Wes Benedict wes.benedict at lp.org
Wed Feb 21 11:21:36 EST 2018


If someone comes up with a legal and ethical solution that includes 
monetization, that would be great.

My hunch is that even if a legal means existed, it's probably not worth 
the trouble.

I'm not the legal authority, but I'm concerned that the LNC is not 
allowed to accept profits from Steemit, and if revenue from Steemit was 
accepted, it would be considered income perhaps reportable to the IRS 
and/or the FEC, perhaps by the individual and/or the LNC.

My suggestion is to stick with the non-monetized option until you start 
thinking we're talking about over $1,000 per year.


Wes Benedict, Executive Director
Libertarian National Committee, Inc.
1444 Duke St., Alexandria, VA 22314
(202) 333-0008 ext. 232, wes.benedict at lp.org
facebook.com/libertarians @LPNational
Join the Libertarian Party at: http://lp.org/membership

On 2/21/2018 10:50 AM, Caryn Ann Harlos wrote:
> At least for steemit each video is accounted for separately.
>
>
> On Wed, Feb 21, 2018 at 8:24 AM Elizabeth Van Horn <elizabeth.vanhorn at lp.org>
> wrote:
>
>> As for possible monetizing of LP historical stuff, I wouldn't have a
>> problem with funds going to an LP committee, if earned through any legal
>> means.
>>
>> My question would be, how is a record made public of the funds, to
>> ensure that it does all go to the historical committee work? If it's
>> your account, how do others know what was taken in, and then disbursed
>> to the historical committee?  Also, if you're the chair of the same
>> committee, who keeps track of the records? Is there a way for the entire
>> historical committee to see the incoming funds?
>>
>>
>>
>> ---
>> Elizabeth Van Horn
>> LNC Region 3 (IN, MI, OH, KY)
>> Secretary Libertarian Party of Madison Co, Indiana
>> Chair-LP Social Media Process Review Committee
>> Vice-Chair Libertarian Pragmatist Caucus
>> http://www.lpcaucus.org/
>>
>> On 2018-02-20 01:17, Caryn Ann Harlos wrote:
>>> Hello everyone, I have a steemit account.  If you don't know what that
>>>     is, in a very simple form, it is a social media sharing site in
>>> which
>>>     you earn crypto for posting, upvoting, etc.  Some people make large
>>>     amounts of money there.  I do not.  I think my highest post earned
>>> .65
>>>     cents because I am not there for that but it is possible one day
>>> that
>>>     one will take off, you never know.
>>>     But here is the question.  I would like to post some of the
>>> historical
>>>     materials there to raise awareness and interest in the LP and its
>>>     history.  I, however, do not wish to make any money off of straight
>>>     posting of videos etc with no original analysis or content.  There
>>> is
>>>     an option to turn off monetization of any post, so I can always do
>>>     that.  But it is possible that these posts could generate interest -
>>> so
>>>     to the question, if monetization was kept on would there be a
>>> conflict
>>>     or issue if I did that to raise money for the Historical Committee?
>>>     The money would go to me as it is my account, and then I would
>>>     personally donate it.  Realistically we are probably talking about
>>>     probably under $50 in a year.
>>>     Would appreciate some guidance here.  For the time being, I am
>>> setting
>>>     any repost of historical videos to monetization off.  But if I could
>>>     raise funds for the committee I would love to.
>>>     --
>>>     In Liberty,
>>>     Caryn Ann Harlos
>>>     Region 1 Representative, Libertarian National Committee (Alaska,
>>>     Arizona, Colorado, Hawaii, Kansas, Montana, Utah, Wyoming,
>>> Washington)
>>>     - [1]Caryn.Ann. Harlos at LP.org
>>>     Communications Director, [2]Libertarian Party of Colorado
>>>     Chair, LP Historical Preservation Committee
>>>     A haiku to the Statement of Principles:
>>>     We defend your rights
>>>     And oppose the use of force
>>>     Taxation is theft
>>>
>>> References
>>>
>>>     1. mailto:Caryn.Ann.Harlos at LP.org
>>>     2. http://www.lpcolorado.org/




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