politics influenece on cryprto

[Asiska02]

politics have a definite influence on crypto, while countries try to destabilize one another, crypto can be seen as a way out of the system of bullying

The potentials of crypto has been undermined for a long time now and people don’t see how far it can be used to bring unity amongst nations. A unified monetary system or mode of payment can actually have influence in the economy of every nation and without politics, innovations like this can’t thrive well. The influence of politics cannot be overemphasized until when it’s been realized and it’s been utilized as wanted.

You see politicians that are quick to make wack decisions when they get to office, nobody used Bitcoin like them, they are the big guys that used Bitcoin the most but on the public domain, they will rubbish Bitcoin just to achieved cheap political loyalty from either their political party, the group that gave them such position or perhaps the people they are working for in the government.

I use to think that how comes politicians will all be thinking alike and that none of them would have seen the benefit of bitcoin by now and keep rubbishing bitcoin online. Politicians are very cunning and they will do anything to favour themselves. I am not surprised that most of them will be using it and be preaching something else to the public about it. I believe it’s just a matter of time before bitcoin breaks all bounds and be utilized as needed.

[Findingnemo]

The potentials of crypto has been undermined for a long time now and people don’t see how far it can be used to bring unity amongst nations. A unified monetary system or mode of payment can actually have influence in the economy of every nation and without politics, innovations like this can’t thrive well. The influence of politics cannot be overemphasized until when it’s been realized and it’s been utilized as wanted.

Some government leaders may not aware of the potential but I am sure every nation knows that if they let decentralised monetary system to thrive then it's just gonna bite their national currency, countries think their fiat is stronger are approaching crypto by imposing taxation and some bans it in the name of religion and illegal activities but I am sure there will be a time that people will come into the right mind and choose which one is better.

[Asiska02]

The potentials of crypto has been undermined for a long time now and people don’t see how far it can be used to bring unity amongst nations. A unified monetary system or mode of payment can actually have influence in the economy of every nation and without politics, innovations like this can’t thrive well. The influence of politics cannot be overemphasized until when it’s been realized and it’s been utilized as wanted.

Some government leaders may not aware of the potential but I am sure every nation knows that if they let decentralised monetary system to thrive then it's just gonna bite their national currency, countries think their fiat is stronger are approaching crypto by imposing taxation and some bans it in the name of religion and illegal activities but I am sure there will be a time that people will come into the right mind and choose which one is better.

Waiting for that to happen could take a lifetime to be honest because government are not even showing any form of support or kind of a listening ear to this new initiative, one of every countries strength is the strength of their currency in the global market. All they are after is taxation and how they’ll make it more unbearable for those that still want to use the platform for their monetary activities.

That being said, bitcoin has a lot of advantages that can help to build and strengthen the economy of a nation but the direction in which many of this countries are looking it at is different and without a cleared understanding of it and dealing with those misconceptions they have about it, we may never see the adoption of it globally as a legal and transactor for anything on a global scale.

[MUGNIA]

politics have a definite influence on crypto, while countries try to destabilize one another, crypto can be seen as a way out of the system of bullying

Just see they way you see it bud, crypto as a way to get out of bullying without us being known. I always believe that cryptocurrency is a freedom to us. Politics will always be the hindrance on the implementation/adaptation of crypto into the community.

It's not politics that hinder crypto but government regulations that are contrary to the crypto system,
Currently, many people are already familiar with crypto but they can't do anything because of government regulations.

[Gurujebs]

]
It's not politics that hinder crypto but government regulations that are contrary to the crypto system,
Currently, many people are already familiar with crypto but they can't do anything because of government regulations.

Which ever way you put it, I will say it's politics because it's a politician that occupy government office after their talk and promises. Look at the campaign talk between Trump and Kamala. One is pro Bitcoin because he think the government doesn't give much care to Bitcoin holders and cryptocurrency and want to use that means to get into office and Biden is preparing for strict regulations.

Politics is politics and unfortunately Bitcoin now sit in the middle of two people, I just hope that who ever wins becomes conderate with Bitcoin and allow miners and investors enjoy the fruit of their labour.

[bitterguy28]

Which ever way you put it, I will say it's politics because it's a politician that occupy government office after their talk and promises.

the thing with politicians is that they just don’t exist for the sake of the people they are people too who have their own beliefs and values which a lot of them tend to push towards the people i think a politician should be able to differentiate between his or her personal beliefs and what’s best for the country but instead they are taking things too personal and the country suffers from their decisions

Politics is politics and unfortunately Bitcoin now sit in the middle of two people, I just hope that who ever wins becomes conderate with Bitcoin and allow miners and investors enjoy the fruit of their labour.

it’s obvious that running candidates are using bitcoin to gather more voters but the best we can hope for now is for whoever wins to actually do something great with bitcoin and crypto regulations

[PrivateKayla]

Which ever way you put it, I will say it's politics because it's a politician that occupy government office after their talk and promises.

[/quote]

Yes, because politics and politicians shape regulations. The decisions they make will impact how crypto is perceived and used. It is disappointing that most who say they are for or against crypto don't really understand how it works. Some policies are in place based on wrong or incomplete information. Will it be too much to hope they will get their acts together? Because I believe crypto is here to stay and there should be more clarity on the regulations.

[bitterguy28]

Will it be too much to hope they will get their acts together? Because I believe crypto is here to stay and there should be more clarity on the regulations.

i think there’s still hope because back then not a lot of people were aware of bitcoin or crypto but now look at our world and how many people know about bitcoin and part of the crypto community we need to keep learning and educating because knowledge is what will fight misinformation

[Dr.Bitcoin_Strange]

Will it be too much to hope they will get their acts together? Because I believe crypto is here to stay and there should be more clarity on the regulations.

i think there’s still hope because back then not a lot of people were aware of bitcoin or crypto but now look at our world and how many people know about bitcoin and part of the crypto community we need to keep learning and educating because knowledge is what will fight misinformation

Bitcoin have become an asset of interest to a large popular of the world, even the government are coming with an idea to acquire a huge amount of Bitcoin. We can see how Trump is now showing a very great interest into Bitcoin, while he was completely against Bitcoin during his first tenor as th US President. Some corrupt politicians are even the ones using Bitcoin and other crypto to loot money.

[electronicash]

Will it be too much to hope they will get their acts together? Because I believe crypto is here to stay and there should be more clarity on the regulations.

i think there’s still hope because back then not a lot of people were aware of bitcoin or crypto but now look at our world and how many people know about bitcoin and part of the crypto community we need to keep learning and educating because knowledge is what will fight misinformation

Bitcoin have become an asset of interest to a large popular of the world, even the government are coming with an idea to acquire a huge amount of Bitcoin. We can see how Trump is now showing a very great interest into Bitcoin, while he was completely against Bitcoin during his first tenor as th US President. Some corrupt politicians are even the ones using Bitcoin and other crypto to loot money.

the media is careful in not making the news out to the public about Bitcoin gotten the interest of our politicians or politicians trying to influence regulations. but its not surprising to see politicians using BTC to keep their wealth. most of them does have a friend in the finance who may have advised them already where to store their money on when there is the need to hide it.

so it works both ways, politicians influencing crypto and crypto influencing politicians.

[albon]

They don't want to think about a country government not getting enough profit from any one sector. So the government does not profit from crypto because of which it is legally prohibited. Also political influencers can bring huge influence beyond crypto. But a country can easily ban one by law but still have the freedom to use crypto. Because crypto is free, anyone can use it. In fact, they only care about profit, which is why they don't want to think about the positive aspects of crypto. If a country is free to use crypto then a lot of people find a source of income. People can earn money anywhere from investing to working in crypto.

[Hatchy]

Very true, it is always more than just about countries clashing when politics affects crypto. Crypto tends to give people the chance to escape government control over their money, offering financial freedom when traditional systems are being manipulated by giving them a way out of the influence of governments or central banks.

[_act_]

I don't know if there is much relationships that connect together the crypto networks and politics, though we may say of this that the altcoins are much of doing this, since we believe that they are not decentralized as we have in bitcoin, anything that involves others to sit and determine for it fate may also be said as being influenced byt the political powers, but others may still argue on this as much.

[Aanuoluwatofunmi]

There is no direct political influence on cryptocurrency because not all of them were centralized, also, politics does not have a higher level of impact on crypto, because cryptocurrency is not been controlled in most cases by the politicians and therefore, when some of them were into crypto doesn't gives them the rights to control most of the cryptocurrency networks, except for the regulations in which they take charge over the crypto entities.

[Prime]

There is no direct political influence on cryptocurrency because not all of them were centralized, also, politics does not have a higher level of impact on crypto, because cryptocurrency is not been controlled in most cases by the politicians and therefore, when some of them were into crypto doesn't gives them the rights to control most of the cryptocurrency networks, except for the regulations in which they take charge over the crypto entities.

Man, don't you realize that the politic in big countries like US, Russia, or China really bring big impacts on crypto?
Because of the politic issues, sometimes it bring direct impacts. For example in US, Trump use crypto matter to be one of his way to attract his supporters. He is getting often to talk about crypto to attract the attention of crypto users. This bring positive impacts in crypto prices. We can see there are green market whenever Trump does something good for crypto. Few days ago, Trump bought Burger with Bitcoin, we could see a positive impact in Bitcoin and altcoins prices. If he can be the next US president, I am not surprised if Bitcoin price can be above $100k. So, how can you think the politic issues don't influence crypto?