Wealthy Bitcoin Investor Runs for Governor in South Dakota

Toby Doeden, a 51-year-old Republican businessman and landlord, is running for governor of South Dakota. He's put at least $4 million of his own money into the campaign, making him one of the wealthiest gubernatorial candidates in state history.

Doeden claims to have been born into poverty but climbed out of it through salesmanship, risk-taking, and the force of his personality. He believes these traits can rescue South Dakota, a state he says needs saving. 'I'm risking literally everything I have to fight for the future of South Dakota,' he told South Dakota Public Broadcasting last year.

Doeden has also been an outspoken advocate for bitcoin, calling it a revolutionary technology that could change the world. He's invested heavily in the cryptocurrency and believes it has a bright future ahead of it.

Critics of Doeden describe him as a pitchman whose confidence is matched only by his lack of experience. They question whether he has the substance to back up his bold claims.