politics influenece on cryprto

[Condorlaib]

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.

[Noverteno]

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.

[Dr.Bitcoin_Strange]

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.

[Mr. Magkaisa]

           -      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.

[0t3p0t]

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.

[Gurujebs]

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.

[alltalk]

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.

[Dr.Bitcoin_Strange]

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.

[bitterguy28]

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

[Aanuoluwatofunmi]

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.

[bisdak40]

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

[0t3p0t]

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.

[Dr.Bitcoin_Strange]

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.

[Rruchi man]

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.

[EluguHcman]

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.