Altcoins Talks - Cryptocurrency Forum
Further Discussions => Economics , Sociology & Politics => Topic started by: admin on August 15, 2018, 10:32:31 AM
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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
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Politics has an influence on crypto it can affects the future of crypto Some countries are realizing it and are ready to provide crypto-friendly regulations or they will be left behind by countries which are more forward-looking.
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I think politics can have a very weak impact on the currency, but the currency, as an economic lever, can influence politics and the economy as a whole!
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In my opinion, politics has a huge impact on crypto. Even though crypto was developed to be independent and to become an alternative to our current monetary systems, I think that politics can turn this upside down. Just think of the lawmakers. A state could ban crypto easily - just like that. Nevertheless how much their population enjoyed it or not. Just think of the states in which Uber is banned to protect the taxi drivers. Don't you think they will not ban crypto too to protect banks or their monetary system? To be honest, I think this will happen if the government doesn't get enough profits out of this.
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In my opinion, politics has a huge impact on crypto. Even though crypto was developed to be independent and to become an alternative to our current monetary systems, I think that politics can turn this upside down. Just think of the lawmakers. A state could ban crypto easily - just like that. Nevertheless how much their population enjoyed it or not. Just think of the states in which Uber is banned to protect the taxi drivers. Don't you think they will not ban crypto too to protect banks or their monetary system? To be honest, I think this will happen if the government doesn't get enough profits out of this.
Totally agree. I am not a fan of conspiracy theories, but in my opinion politics and governments have a huge impact on the crypto market. I am not talking about manipulating the price, but about the fact that cryptocurrencies have even become the subject of laws and legislation!
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In my opinion, politics has a huge impact on crypto. Even though crypto was developed to be independent and to become an alternative to our current monetary systems, I think that politics can turn this upside down. Just think of the lawmakers. A state could ban crypto easily - just like that. Nevertheless how much their population enjoyed it or not. Just think of the states in which Uber is banned to protect the taxi drivers. Don't you think they will not ban crypto too to protect banks or their monetary system? To be honest, I think this will happen if the government doesn't get enough profits out of this.
Interesting analysis. Politics is closely related to regulations and policies that will be legitimated by the government. The government can just issue cryptocurrency regulations quickly, but there are still other considerations that still have not found an agreement between agencies. On another side, i think the government must think about how much income, taxes, and inflation rates.
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Politics had impact on crypto. The price and maybe fake news about crypto.
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Of course, politics have influence on cryptocurrency market. Some countries have made rules which are flexible to enhance the activities of crypto whilst others have made rules which do not favour the operation of crypto. I believe if a large portion of the population of countries which do not favour crypto activities become aware of the benefits of crypto, they are likely to influence the political decisions or influences on crypto through voting.
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Politics has the power on legalizing crypto in our country that is why we always consider the politics regarding your actions on crypto assets.
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Politics has the power to be a benchmark for economic development and also affect crypto in each country that uses it. that is why to always be able to consider current political conditions.
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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.
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In my opinion, I don't see a possibility of politics successfully restricting all its members from engaging in Blockchain and crypto currency activities but then, political activities definitely influence crypto in its country. A country whose political system supports crypto currencies will definitely have more of its citizens involved in crypto activities.
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I agree. I think the future is in cryptocurrencies, the smarter governments already see that and try to implement changes to help them enter the mainstream.
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Hello, I found interesting article about crypto in South Korea. "Commissioner of the Financial Services Commission of South Korea, has confirmed that there are no obstacles for national banks to provide their clients with virtual accounts". This is a big change compared to the beginning of the year. Do you think that more countries will go this way? Article is from page one altcoin, FuturoCoin.com, here: https://newsroom.futurocoin.com/e-currencies-in-south-korea-will-be-able-to-expand-at-an-even-faster-rate/
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I totally agree with you, definietly crypto world will expanse and the revolution in economic world already has begun
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If politicians speak negatively about cryptocurrency, then all these statements will always affect the entire cryptocurrency market in a bad way. Nevertheless, the further development of cryptocurrency in the world primarily depends on the actions of politicians who will act either for the benefit of users of cryptocurrency or vice versa.
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Politics has always directly affected all processes in our society. It has long been known that those who control money and their flows have real power in those hands. So politics and money are inextricably linked.
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Cryptocurrency investment is a very good investment and has made a lot of people rich and has also grown the economy of the world, the first crypto coin that came out is Bitcoin and when it came some people never believed is something to go to become this great and they didn't invest in it those that had little faith in it started investing and accumulating and today they have made huge amount of profit.
Some countries don't want cryptocurrency and has made it illegal in there country they believe cryptocurrency is bringing down there economy, and that cryptocurrency is promoting more cyber crime because of you do any transactions with anyone one can't trace that person, however even making it illegal some people in that particular country still invest in cryptocurrency and still do transactions, some countries only made the use of Bitcoin legal and not all the crypto coin in general.
Politics can't influence cryptocurrency the way cryptocurrency is structured it can only be influenced by people the more people go into cryptocurrency the more increase.
However in some ways it can influence for example if Bitcoin is made legal in all the countries of the world it will grow the price of Bitcoin and make it more valuable.
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- For me, a politician who supports bitcoin or cryptocurrency also has an impact from another angle, especially if this politician is known in a country. But that still depends on the crypto it will promote.
Because if what is being promoted is just a new crypto, it usually seems that the hype and noise in the field of the crypto space are high from the beginning. But if a politician exposes his savings in Bitcoin or any of the top altcoins in the market, that's a pretty good impact for me.
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Yeah countriesthat suffers sanctions I think embrace Bitcoin for trades if possible or they use their local currency but yeah countries with trust issues prefer Bitcoin in my opinion and that makes sense as it was a decentralized currency that depends on their counterparts to accept it as payments if they want to. I think some politicians around the world hodl Bitcoin to avoid realty check or taxes or whatever reason they had.
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Yeah countriesthat suffers sanctions I think embrace Bitcoin for trades if possible or they use their local currency but yeah countries with trust issues prefer Bitcoin in my opinion and that makes sense as it was a decentralized currency that depends on their counterparts to accept it as payments if they want to. I think some politicians around the world hodl Bitcoin to avoid realty check or taxes or whatever reason they had.
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.
Bitcoin is one of the most easy thing for border payment, no need to follow due protocol, no need to follow anyone that is going to check the destination and the origination of such amount. So many of them are the major problem why we have money laundering today but they are quick to take the credit of anti bitcoin.
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Politics can't influence cryptocurrency the way cryptocurrency is structured it can only be influenced by people the more people go into cryptocurrency the more increase.
We can't deny that Politics can influence crypto market. The politics situation in US is one of the real examples. You can see many times that it really brings impacts to crypto market. When Trump promises to give full supports to crypto industry if he can be the next US president, the market responds it immediately. At that time, you must know that the market looks more green, most crypto coins are increasing a bit significant. Well, it is only 1 example, there are many other examples.
However in some ways it can influence for example if Bitcoin is made legal in all the countries of the world it will grow the price of Bitcoin and make it more valuable.
The legality of Bitcoin in a country is crucial. If Bitcoin is legal there, people will easily join Bitcoin investment. In this way, there are many people involved in Bitcoin or crypto industry in the country. With many people involved, any issue can easily influence them, including political issue.
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Politics can't influence cryptocurrency the way cryptocurrency is structured it can only be influenced by people the more people go into cryptocurrency the more increase.
We can't deny that Politics can influence crypto market. The politics situation in US is one of the real examples. You can see many times that it really brings impacts to crypto market. When Trump promises to give full supports to crypto industry if he can be the next US president, the market responds it immediately. At that time, you must know that the market looks more green, most crypto coins are increasing a bit significant. Well, it is only 1 example, there are many other examples.
I wouldn't really consider trump's promises as a valid example of how much politics can impact crypto, this is because the majority already knows that trump is a politician and politicians say a lot of things during election campaigns, only the minority would fall for that trick, but the majority already knows that Trump's promises and statement is simply because he is targeting to win over the crypto community to his side by promising to suddenly transform the United States to El Salvador overnight when he becomes the next president, He knows fully well this would attract the crypto community as it would facilitate the mass adoption of Bitcoin. But the wise ones would already detect that these can't be entirely true, even if Trump's intentions for Bitcoin and crypto are true, he's still a politician, and if there's one thing we know about these politicians, its the fact that they lie a lot and they are deceptive anf can say all kinda shits just to win the votes of the masses.
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Some countries don't want cryptocurrency and has made it illegal in there country they believe cryptocurrency is bringing down there economy, and that cryptocurrency is promoting more cyber crime
the government does not like crypto because they have no control over it they can't do anything to it directly to control their economy and their citizens' financial activities
Politics can't influence cryptocurrency the way cryptocurrency is structured it can only be influenced by people the more people go into cryptocurrency the more increase.
and politics affect people and the way they see and use crypto like i said the government has no control over crypto and cant make it deliberately fall down or rise up but political news related to crypto may move the people who hold bitcoin which could make some impact on the market
if a government announces support or restriction towards crypto we can expect for the market to move depending on the nature of the news
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As for me, i may not really agree on the influence of politics on crypto being evident to a reasonable extent since some of the cryptocurrencies are not centralized, just like a good example we may have with bitcoin which is decentralized, bitcoin is having a direct influence on the people who are using it than it rely or depend from how it could be political monopolized, because its a decentralized digital currency.
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As for me, i may not really agree on the influence of politics on crypto being evident to a reasonable extent since some of the cryptocurrencies are not centralized, just like a good example we may have with bitcoin which is decentralized, bitcoin is having a direct influence on the people who are using it than it rely or depend from how it could be political monopolized, because its a decentralized digital currency.
I may agree to this. decentralized cryptocurrencies operate independently they are built to avoid being controlled or manipulated by any one group or authority. but with the influence of politics, they can put regulations on the buying and selling of crypto
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Yeah countriesthat suffers sanctions I think embrace Bitcoin for trades if possible or they use their local currency but yeah countries with trust issues prefer Bitcoin in my opinion and that makes sense as it was a decentralized currency that depends on their counterparts to accept it as payments if they want to. I think some politicians around the world hodl Bitcoin to avoid realty check or taxes or whatever reason they had.
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.
Bitcoin is one of the most easy thing for border payment, no need to follow due protocol, no need to follow anyone that is going to check the destination and the origination of such amount. So many of them are the major problem why we have money laundering today but they are quick to take the credit of anti bitcoin.
Well yeah politics really is toxic especially in third world countries like mine I just don't know if there are politicians who accumulate Bitcoin for their future investments in anticipation of getting uprooted from political rivalries every election. As we all know corrupt politicians has to find ways to hide people's money out of the sight of masses so maybe Bitcoin is one solution for this especially if there is a realty check. They can also sned funds very easily from Bitcoin without any trace if they are planning for something legal or illegal.
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As for me, i may not really agree on the influence of politics on crypto being evident to a reasonable extent since some of the cryptocurrencies are not centralized, just like a good example we may have with bitcoin which is decentralized, bitcoin is having a direct influence on the people who are using it than it rely or depend from how it could be political monopolized, because its a decentralized digital currency.
I may agree to this. decentralized cryptocurrencies operate independently they are built to avoid being controlled or manipulated by any one group or authority. but with the influence of politics, they can put regulations on the buying and selling of crypto
Yeah those crypto coins that are decentralized can't be controlled by anyone and yeah they can put regulations on the buying and selling of crypto, but that those not mean they can manipulate them take for example Bitcoin no government authority can control or manipulate Bitcoin by increasing the number of Bitcoin or reducing Bitcoin price, it can't be controlled by government, I know of a nation that has made the use of any kind of cryptocurrency illegal but still people are using cryptocurrency and also investing in it.
A country that knows the right thing to do needs to accept the use of cryptocurrency and make legal then put rules and regulations that those investors will follow, this will help build the country's economy because the use of cryptocurrency helps to build economy and also increase the profit of businesses.
I know that very soon a lot of countries will accept the use of cryptocurrency because they will see the good of it.
The more reason I love Bitcoin investment is because no government authority can influence it or manipulate it, but you see banks the government authority controls them and can close down any bank of there choice with there policy and that will affect those that are saving their money there.
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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 bullyin
Politics affects all aspects of our lives, and has a big influence on everyone, including those who are not interested in it. The day politics in general begin to be in favor of cryptocurrency, it will contribute to helping many people change their views on it.
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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
Very true that politics has influence over cryptocurrencies but let us not be surprised that the political key players are whales to the crypto industry that is why the media also has influence on the Crypto markets while their politicizing grudges lies on their social political sentiments.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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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.
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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?
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Politics influence on crypto is high until the people notice that there are some decentralised projects in the crypto space that are able to not be influenced by politics.
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Talking about influence it depends whether it is good or bad.
Politics can influence crypto, in my own opinion one of this influence is an influence of increase whereby we see Donald Trump using crypto as one of the basics subjects of his campaign that alone can influence people to it.
Then in the other hand we have the situation where china government taught crypto would have a bad influence to their youths and economy so they had to ban it that's a bad influence to crypto. So the effects of politics to crypto maybe be good or bad, and truly politics has an influence on crypto.
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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
Of course politics definitely has roles playing within the crypto space whereas crypto has actually gained this stance due to supports and embracement of some politicians even though as the government is kicking against it due to its decentralizations.
The crypto currencies is assumed out of bullies in the sense that you regulates your funds by yourself unlike the fiats being regulated by the central authorities.
Also, its investment potentials that there is no exercise of monopoly system where politics has crucial roles to play in deciding products to trends while the others are being hindered probably by banning or suspension.
There is all games in the economy system but not effective to the Crypto industry.
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Very true that politics has influence over cryptocurrencies but let us not be surprised that the political key players are whales to the crypto industry that is why the media also has influence on the Crypto markets while their politicizing grudges lies on their social political sentiments.
Politics and media are the same, these have the influence to crypto market. Good or bad, it depends on what issue comes from those factors. Whenever the issue seems supporting crypto existence, it will bring positive influence to crypto market. But if it doesn't support the existence of crypto, it will bring negative influence. Sometimes, this is also like the market manipulation because both politics and media can control the issues.
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Politics can change the stand of crypto in a country because a sitting government of a country can decide on the fate of crypto in her country, whether it is to be illegal or legal. For instance, the US government under President Biden. It's his government not putting up plans to regulate crypto and prevent illicit activities of it by terrorist groups and scams.
However, it's how the government of a given country projects crypto to be in their country; that's what stands. Every one of their citizens or business adventures will obey that, not go contrary to that.
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Politics has influenced the outcome of crypto currency as the policies and law's of government go a long way in shaping the crypto across the world, while some countries has welcome crypto currency trading into their market some has not really accepted it as their are regulatory laws still guarding against the use of crypto currency, I think the matter of crypto currency acceptance over the world has been turned political as their are allot of interest in the issue of crypto currency, political influence on crypto currencies I think is what has even made the crypto market to be so popular as there's still debate about it acceptability while some countries are still contemplating on the acceptance of crypto into their market some countries have seen the good side of crypto and has already open their hands to it and is already benefiting from the crypto market. Come to even think of it crypto currencies like Bitcoin is making millionaire across the world but why are some country government still opposed to it , it all boils down to the political influence that we are discussing