Impact on politic

[bitterguy28]

Cryptocurrency is highly decentralized, it is not controlled by a centralized authority, but rather by the forces of demand and supply in the market. A single government as well as their political activities can not fully ban Bitcoin or other cryptocurrency.

they can ban a specific cryptocurrency or all of it in their country only but they will not be able to shut down the entire market and restrict people from other countries to continue using it especially bitcoin

but they might be able to do it with some other cryptocurrencies because some of them are launched by companies that are under a specific country's jurisdiction

Due to its high usage, for it to be stopped it would require a coordinated effort of the whole world, which may be very impossible before so many people depend on this coins for their daily incomes and transactions.

you are correct since this is how most cryptocurrencies operate anyway with bitcoin for example it can only operate with all validators and miners collectively doing the work

[Dr.Bitcoin_Strange]

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.

Yes, I also see it in the same view with yours, no one has the right to stop the growth of Bitcoin, because it has already be there, even when government are trying to stop people from using Bitcoin.
Bitcoin has come to stay whether the government are in support or not, because Bitcoin has really save a lot of lives free from poverty.

[0t3p0t]

Bitcoin has come to stay whether the government are in support or not, because Bitcoin has really save a lot of lives free from poverty.

The power of decentralization is what makes Bitcoin a great currency and investment it is because no one has full control of it except for those who have it. Though whether governments embrace Bitcoin or not it is not important but is a bonus if they will. Nowadays, we have been seeing governments started to embrace Bitcoin maybe because they see some potential on it or they might be optimistic on the long term effects of instability that is happening right now all over the world.

[albon]

No political factor will directly affect Bitcoin or crypto because crypto or Bitcoin is not controlled by any government in the world. But sometime political events undoubtedly influenced the price of the crypto market in 2024. The main reason for this was that Trump made many promises about crypto during the election campaign, which led to a large increase in investors. Many governments do not accept crypto, so there are no political efforts. Since no government can control Bitcoin, the price of Bitcoin increases as investors in the market increase.

[kulkhan]

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.

Yeah, politics decides if people can use Bitcoin and other cryptos. If a country bans it, people won’t use it much. But if the government allows it, more people will start using it. So, politics really affects how crypto grows in a country.

We know politic is related with crypto-currency very much. Because political leaders that's means part of government. We know many government of many countries cryptocurrency count as a illegal currency and some country’s government approved cryptocurrency as legal currency.
In our country crypto-currency is banned. So we cannot use it frequently. But some country counting it as a legal currency. We know some days ago El Salvador legalized Bitcoin and another currency. So it is absolutely true that there has huge political impact on cryptocurrency, there has no doubt.

[JoyMarsha]

Not every country's policy can affect the price of Bitcoin. Some countries are the game changers of Bitcoin, some are not. The moment they say anything about Bitcoin, be it positive or negative, we begin to see immediate results in the price of Bitcoin. That will all be for a while the market will return to its normalcy of demand and supply controlling the price of Bitcoin

[bitterguy28]

Many governments do not accept crypto, so there are no political efforts.

actually a lot of countries are now dipping their toes into crypto they have seen how the us started talking about bitcoin and so now other countries in fear of being left behind started to get interested in bitcoin too

Since no government can control Bitcoin, the price of Bitcoin increases as investors in the market increase.

no government can control bitcoin but investors can be heavily impacted by whatever the government decides

[Dr.Bitcoin_Strange]

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.

Apart from God, no one will be able to destroy crypto or Bitcoin, for its on its own and no one has the right to control it or not and also inflation can affect shitcoins but it can never affect Bitcoin, for it’s only Bitcoin that is immune to inflation, so that is why it can’t be controlled by anyone or will have to be affected by anything.

[JoyMarsha]

The politics of a country has nothing to do with Bitcoin, unless a sitting government of a country is against Bitcoin or support it. That's when we can talk about the policy of that country affecting Bitcoin for the time being not for long.

[bitterguy28]

The politics of a country has nothing to do with Bitcoin, unless a sitting government of a country is against Bitcoin or support it. That's when we can talk about the policy of that country affecting Bitcoin for the time being not for long.

honestly even if a specific country or country leader is in support of bitcoin, we need to realize also that not every political decision revolves around bitcoin and sometimes it does not even have anything to do with bitcoin even if it affects bitcoin for example with how trump implemented tariffs, i doubt he had bitcoin in mind when he was deciding on that

i saw a lot of bitcoin enthusiasts get disappointed and ask why would trump do that if he was in support of bitcoin but he was only thinking of his country

[Aanuoluwatofunmi]

The impact of politics on us should be a direct positive influence from our politicians to the people, but when this becomes a dream to find difficult to realize, then we have no other option than to wish them well in recognizing what has been misplaced through their leadership with the people, they have the responsibility of being in charge towards ensuring the continuous development of the people and the society we live in, while all these are possible where there is transparency in the way of leadership.