He has been referred to as a crypto-libertarian and has advocated for "the separation of money and state"[1][2] and views Bitcoin as a tool for decentralizing financial power and challenging government control over currency.

[3][4] Voorhees' involvement in the Free State Project—a movement encouraging libertarians to relocate to New Hampshire—played a pivotal role in his early adoption of Bitcoin.

[10] His discovery of the Bitcoin coincided with his involvement in the Free State Project, an initiative aimed at recruiting 20,000 libertarians to relocate to New Hampshire.

ShapeShift's policy facilitated the conversion of traceable cryptocurrencies like Bitcoin into untraceable ones like Monero, effectively obscuring the money trail.

[11][13] In 2018, Erik Voorhees was implicated in an SEC investigation into a $50 million cryptocurrency sale by Salt Lending Holdings Inc., where he was involved in fundraising.

WSJ stated, that the SEC had been analysing whether Salt's token sale should have been registered as a securities offering and if it had violated a 2014 settlement banning Voorhees from such fundraising.