Altcoins Talks - Cryptocurrency Forum
Further Discussions => Economics , Sociology & Politics => Topic started by: Gatotkaca2 on October 14, 2018, 01:22:33 AM
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usually in each country it experiences peaceful and sometimes rowdy politics, whether when a rowdy politics will affect bitcoin and cryptocurrency
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I think none of these factors will affect crypto or bitcoin in my opinion. Crypto or Bitcoin is anonymous and has no influence from any government of the world, it is decentralized. Infants, no one has control over crypto.
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Politics affects bitcoins apart from the demand and supply factors that determine its value. Countries that are banning and removing the ban on Bitcoin are playing politics and also the action of whales. All this affect the stability of the cryptocurrency.
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usually in each country it experiences peaceful and sometimes rowdy politics, whether when a rowdy politics will affect bitcoin and cryptocurrency
Of course, political climate has a great effect on the price. Eventually everyone will give in and allow crypto, and the age of crypto will blossom.
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Politics affects bitcoins apart from the demand and supply factors that determine its value. Countries that are banning and removing the ban on Bitcoin are playing politics and also the action of whales. All this affect the stability of the cryptocurrency.
Gosh, the number of these people is so low but they hold most of Bitcoins and the major altcoins. These so-called whales can easily manipulate the market if the start to buy or sell their BTC and alts.
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The nature of a country's politics can possibly affect cryptocurrencies' price and adoption. Politics is a numbers game and if a certain politician decides to push regulations/policies about crypto but the majority does not agree, then such attempt will be a failure.
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A nation's politics can affect the adoption of bitcoin and other altcoins in a country. Countries that ban the use of cryptocurrencies discourage their citizens to use it and will do anything to see that it is not used. Countries that encourage cryptocurrency will see massive adoption so politics can affect the use of cryptocurrencies.
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Yes off course it effect because of government fear about money laundering. Black money can be easily converted in to bitcoin and corrupt leaders can do it easily, Honest governments ban due to fear.