Bitcoin Forum

For long, politicians have been skeptical about crypto/Blockchain tech as it provides an "escape route" from the existing monetary system controlled by governments worldwide. Some of them have seen the benefits of this emerging industry, showing their support for crypto. In the US, a presidential candidate named "Andrew Yang" publicly expressed his support for crypto/Blockchain technology. Other politicians have touched the subject lightly. All of this is good since it helps Bitcoin and other cryptocurrencies grow in the mainstream world. The same politicians supporting this emerging industry, could perform legislations to make crypto/Blockchain tech more legitimate in the mainstream world. Yet, the number of politicians supporting crypto is very small compared to those who don't.

Which politicians support Bitcoin? Do you think world leaders will embrace crypto/Blockchain tech at its fullest? Or will they go against it? What impact will mainstream politics have in the future direction of Bitcoin? Your input will be greatly appreciated. Thanks in advance. :)

Let us expect that there will be a few countries that will go against it as it can't please all of them. I think these politicians doesn't really see the technicalities of bitcoin but they only see it simply as an investment asset and, as long as it can potentially give profit to the investors, that's how they understand and giving it an importance.

The impact, I guess not that much for those politicians and countries that doesn't really have a say about bitcoin or blockchain. They will never know how many bitcoin people are there in their country unless there's an established exchange in their place and being used by most.

Everything's just a matter of time. It is slowly happening, the understanding of Bitcoin by politicians. However, if the current batch of politicians are really against Bitcoin, then I am more than sure the next ones, which are composed of younger minds, would be in favor of it.

It is expected that the old dogs are the hardest to convince. In the first place, Bitcoin is alien to many of them. Aside from that, they're already too comfortable and have a stake in the old system. Perhaps a great many of them are puppets of the old elites, the ones who built and benefited from the current system.

Cryptocurrency becomes more powerful from day to day. This tendency can't be ignored of put aside by politicians.
Bitcoin or crypto friendly politicians:
The US congressman Jared Polis was vocal on Bitcoin in March 2019.
Andrew Hemingway spoke about the potential of distributed ledger tech and praised blockchain.
Gulnar Hasnain, a Green Party candidate running for a district in Central London, noted that she wants to draw attention to the positive aspects of blockchain technology.
George Galloway, a Mayoral candidate for London, announced his plans to leverage blockchain technology and track the Mayor of London’s expenditure in a bid for greater transparency.

Definitely those hard ass old dogs will be the last to accept the capabilities but I do not think that they still have a big leverage over and they can do so because they have connections. I think the best thing that the old dogs can do is convince those in favor of mass adoption to vote in their favor. Further studies to make sure all loopholes in cryptocurrency is covered will hopefully make this old dogs consider their stance on mass adoption.

There will be old dogs that will be in support of Bitcoin but I think their number does not outweigh the current political climate to make a dent. Young and visionary politician will be the key to victory for this kind of issue.

No politician truly supports Bitcoin, Bitcoin was created to remove centralization in economy, which if achieved would put many politicians out of their jobs. Even those who say that they support it actually want to regulate it and maybe even control it. The best support a politician can give to Bitcoin is to just ignore it.


None, Bitcoin community and developers don't care that much about what politicians say or do regarding Bitcoin.

I have seen in our country also not many politicians truly understand the bitcoin. based on the media reports or just reading negative news only they demand that it should not be allowed as it is threat, people lose money etc. They are not ready to understand the advantages or deeply go through it and this is where it hurts the most.

Also remember that government or the people behind it, the politicians can make a sudden shift and make a U-turn in their support/oppose of crypto, so it doesn't matter though. Of course we wanted to see governments around the world putting 100% behind crypto but I guess it won't happen as there could be some governments who are going to see crypto in bad light whatever good and positive effects it can bring to them. Supporting bitcoin and supporting blockchain technology is different though. Like China for instance, they have a lot and hate relationship to bitcoin, but with blockchain technology it's different. They have embrace and welcome it with open arms, just look at the patents they have been filing and only US can rival them in terms of the numbers of patents being filed.

That's why bitcoin adoption is still hard to achieve because big countries still don't know what is the importance of bitcoin into society and economy.

There's something more about bitcoin that they should understand because it has a lot of benefits to take advantage for. I just don't know why they are wasting the opportunity to earn profits using this cryptocurrency in the market. Investors should engage to it before it's too late and they should learn everything about bitcoin and how it can change someone's perspective towards economy.

As we know there are countries already accepted the use of the cryptocurrency and the bitcoin too, AFAIK on my country they are not totally supporting the use of the bitcoin by just buying it instead they are just regulating the use of the bitcoin also they already have created a PH exchange which is the coin.pro beta on my country, with the use of the wallet and exchange created by our government they are now using this to buy a mobile load, paying bills, transfer funds with the use of the banks. The problem is only few of us on our country are supporting this kind of coin as a payment and commonly use for our daily lives. If this may happen that even the politician will support the use of the bitcoin I think it may cause a lot of troubles because there are a lot of corrupt here but if they use this in the good way there is a chance that the lives of the people makes more easier with the use of this innovations.

It is rather pointless to mention a candidate for the US presidential election who has no chance of winning the election and whose political influence is almost imperceptible. Even if that is not the case, politicians are known for saying one thing before the election and doing something completely different after the election - if it were not so, the world would be a very nice place to live for all people.

It is also a completely wrong notion that politicians rule the world by making their own decisions, because behind them have always been the interests of those who actually draw moves from the shadows - money is power, and politicians certainly do not have it to be independent in their decisions.

Be happy when the state has given a signal to be able to acknowledge and allow it to be used as a legal transaction tool. because my country does not and has not recognized it at all and has not made definite regulations only it seems that the important thing is not to prohibit and be allowed to exchange for fiat but directly for bitcoin transactions is not allowed. As long as it is still permissible to exchange bitcoins to fiat, it actually doesn't matter, the state cannot collect taxes from every transaction that occurs. but it could be that the government thinks of something else and I don't and don't understand.

politicians are politicians. they can change their stance in a snap if it will favour their image. but even without them, bitcoin and blockchain tech will survive. but of course, with the govt support, people will trust crypto more. because most newcomers have the same perception that bitcoin or crypto is fraud.
 so if these politicians will be positive bout crypto, maybe people will start to educate themselves and learn more during this process. remember, education is the key to address ignorant people.

I think that 90% of the politicians worldwide are neutral about Bitcoin-they don't support it,but they don't want to destroy it either.Maybe they simply don't care.Only a really small number of politicians actually care about Bitcoin and support the ideas of decentralization,the problem is that those politicians are mostly unpopular outsiders(like Andrew Wang).I don't know about any politicians in my country,who actively support Bitcoin.
Another problem is that 99% of the politicians are financially dependent and corrupted by the financial world,which means that they don't have the balls to stand up and take the power away from the banks and big corporations.

To support btc is not enough to be a good politican. There are several of them right now but this not make any sense without any stong and unite regulation

In my country large scale mining were done by politically supported persons. These were kept confidential, because the electricity consumption is availed free of cost. It means it is got under the free electricity provided for agricultural purpose.

Politicians are benefitting good out of bitcoin, and what is happening with USA is the political game. Now vote, power, and donations are much required. Maybe a positive attitude on bitcoin can get the support of the bitcoiners.

Some may say since my experience is coming form Africa it might not matter much since Africa has the less impact when crypto regulations and global adoption is been discussed but that won't stop me from writing on it. Politician in Nigeria are already buying into the potential the blockchain technology has to offer. Some years back I did a thread titled; Nigeria�s presidential Candidate Promises Cryptocurrency Regulation if elected (https://bitcointalk.org/index.php?topic=5075399.msg48216430#msg48216430) unfortunately it didn't work in his offer as he lost the presidential election but that didn't stop the currency from gaining the attention of the government as few weeks back, a not so surprising news broke and I also did a thread on it Breaking NEWS: SEC, Bitcoin now legal (a security) in Nigeria. (https://bitcointalk.org/index.php?topic=5275844.0)

All these development points towards an economy where bitcoin won't be seen as a fraudster way of sending and receiving funds in country don't know for the rest of the world but soon (in my country) it'll be widely supported by all including the politicians and could even enhance their political campaign too.

Still we shouldn't based the success of bitcoin on this, the industry has progress this far without the legalization of the government and it will keep progressing with our without their support.

Some leaders in the world or in some countries will not fully support bitcoin, only a few leaders support bitcoin and provide clear regulations such as in the governments of the US, South Korea and other countries. in developing countries like in my country the government only provides regulation as commodity trading. There are many pros and cons about using Bitcoin and blockchain technology. There are politicians who are very supportive and many who are not. Some politicians don't even understand bitcoin and blockchain technology.

I think it takes time for politicians and governments around the world to support bitcoin. They currently only see bitcoin as a profitable but risky investment, limiting their support for bitcoin and cryptocurrencies.
In the future when the cryptocurrency develops more I think politicians will have a different view of bitcoin.

That is good news for the crypto market and for everyone. I firmly believe that in the future there will be more crypto advocates than now, governments and politicians will accept cryptocurrencies as part of the financial background.

Actually i think a lot of politicians are at place where they are not able to publicly express their support  and endorse cryptocurrencies because  of a fear of alienating people within their own party many of whom are staunchly opposed to cryptocurrencies or perhaps because the general public as whole still is not educated enough about bitcoin and thinks of it as that thing for criminals.

Another important factor is that a lot of politicians around the world are corrupt and often have illicit proceeds from back end deals and such. I am sure plenty of them may hold this money in bitcoin as a way of hiding their assets or for quickly moving it abroad in case they get caught up in scandals back home. ( this is especially true for countries with heavy cross border and capital control restrictions.)

It is true that there are some figures or politicians who support Bitcoin, but the numbers are very small. I am sure that in the future
mainstream politics will support Bitcoin, it can have a big enough effect on Bitcoin. One of them Bitcoin will be legalized in many countries
and will make the price of Bitcoin more expensive, because surely Bitcoin demand will  increase dramatically. Not only that, there is
a possibility that Bitcoin will also be accepted as a global currency, hopefully more politicians will support Bitcoin.

In my country, there are some officials that are known to possess cryptocurrencies, but it's not like they are Bitcoin promoters or anything. There were some project laws on crypto regulations with none becoming the law. I think they a politician that supports Bitcoin is likely to be young and progressive. Conservatives tend to believe that Bitcoin is shady, but in general, I don't think that political agenda is relevant (Bitcoin can be used by libertarians and terrorist muslim fundamentalists alike).

I think not only politicians are seeing it this way but almost everybody does. Most people buy bitcoin because of the profit they want to make while hodling it, so it cuts into many people that uses bitcoin is mostly for investment.

Having politicians who support Bitcoin and Cryptocurrency is going to be controversial because as of right now people only heard of Bitcoin only because of the illegal activities in the dark web. It may change int he future when blockchain and crypto will be widely known that we'd be using it almost every day.

The name Andrew "Yang" seems Chinese, it's going to be a long shot for him.

Politicians are a part of the government. What we are observing now that many countries stand against Bitcoin. That means at the same time, politicians are against as well for a democratic country's. Different case for monarchy countries, even there is politicians but they can't express their opinions. On the other hand, before support bitcoin a politician should learn about bitcoin technology, so he can explain to the government and public as well. I am wondering have they enough time to learn about bitcoin if they are not experts from the beginning? But I have to admit that if politicians support bitcoin then it would keep role on bitcoin adaption.

The blockchain has a good future since it can offer several development opportunities that will be helpful in the future generation. It's just that, a lot of politicians are still not knowledgable enough with blockchain tech or crypto that's why they oppose because they still have not seen what it can offer. But since we are seeing some government/politicians who are open towards crypto and blockchain adoption, it means that there's always a possibility that the percentage of these politicians who are positive for crypto will still grow. Not everyone will support crypto/blockchain but as for others, it will take time and education for them to realize what it can offer.

In some country, government support and somewhere it was done by the politician to hide their corrupted money. Whatever itself, it will increase the demand of cryptocurrency in the market and increase the flow of it. Good news is many country had increased their demand of bitcoin and crypto currency and make people to inverse fear less.

Going against crypto will never be in the favor (good) of politicians or governments, as they will go against people and people are - who make these politicians. They should look for some ways to stop people who rescue from taxes and save themselves from paying them, and should come up with tight regulations so that both the ends* will remain happy in the long run.

* Government and us.

Doesn't mean it isn't a good thing, it's a win win for both sides IMO.

Some government or politicians are becoming neutral when it terms on Bitcoin or cryptocurrency because we all know that not all people are totally agree to use Bitcoin. That's why there are some country that are extremely strict when it terms on using Bitcoin or other cryptocurrency.
But we all know also what Bitcoin can do in the finance, it is helpful on every people, a freedom on finance what we are looking for.
It's still early, we still have a lot to witness soon.

Politician's support for bitcoin can appear in 3 ways by me, are 1.are they supporting it for the improvement of the state or country's economy or is it for personal financial improvement or just promotion of bitcoin/cryptocurrency.
2. Is the support as government body or individual investment.
However, if a politician supports without a selfish interest, it is still a sign of socializing because on he/she  know what it is about the rate of threatening other involved person's will be reduced.likewise if it is for the government. It will be for the quick development if digital currency.

There are a lot of reasons why they possibly support the use of bitcoin.

1. They are really want to. promote the effectiveness of the bitcoin for making a faster, and secured transaction to help up the economy and gives a good and bright future regarding its purpose.

2. They want to use the bitcoin and use this to their monopoly plans. If you can create your own exchange and wallet you can encourage others to support this because they think it gives more efficiency to them instead you can secretly make a hidden transaction on it.

Ps. Just my opinion.

President of Turkey Recep Tayyip Erdogan announced last week that they were working on blockchain and bitcoin. I think the reason behind this announcement is the increasing public interest in cryptocurrencies resulting from the recent high inflation rates.

I think we need to be realistic, in particular when it comes to politicians and which side they favour. We all know that people have their own agendas and if a government figure backs up something it is usually because they have a stake in it, or they think is what the majority would like to hear. Nothing but false pretences.

What would be interesting to see is what type of active engagement these people take to support their cause, in this case their 'alliance' to crypto. Only then can we put more trust into what these people are saying, let the evidence speak for itself.

Government supports what is beneficial for them to support.

Governments from different countries up until now is still against Bitcoin for there is still lack of knowledge and understanding on their part on how things are going after using Bitcoin. We cannot say how long and when will be the time that those government politicians can fully understand everything about Bitcoin and why people are pushing it through to make it legal because of the perks associated on using this kind of currency. Maybe now they are still against it for some reason but maybe tomorrow or the next upcoming days, weeks, months or even years, we cannot say but there is a possibility that government will understand the nature of Bitcoin and realize its importance and usage.

 
I think this is also one of the reasons or factor affecting why we only know few of those politicians who support Bitcoin and other cryptocurrencies because of such feel that they might feel unwanted that is indeed because not all people are still understanding and having prior knowledge about Bitcoin as a whole.

of course! they may even have more BTC on their wallets right now than some of the Bitcoin casinos operating today. if you own a bag of BTC you would likely want the price to go up and will likely act like the shill accounts promoting their shitcoin. if i am a politician from israel, i would probably be buying as much as i can while also promoting to comrades.

before the world discovers that governments print bills tirelessly everyday, they should all be buying BTC.

Good news that the popularities are really emerging from time to time, we've seen politicians start to accepts the system, they are not just using it from laundering but also allowing people inside their jurisdictions to continue using this system.

It's best though that the government who recognized the functions and not just by politicians who have
vested interest to use the system.

This can be a reason for slow adoption rate for bitcoin because politicians have the ability to make influence in government decision because politicians are part of the government. To influence bitcoin adoption, these politicians have a greater role to play, so until they start having such positive impact.

It would surely be divided but the ratio wont really be the same which isnt surprising.For those politicians who had see it positive then it might be on that personal preference but totally talking about some
recommendations or suggesting some bill then it would still be a long process yet lots of debates and argumentation will happen.

They might support it but it would be personal matter but at least there are still whom do consider the beauty of Bitcoin, not just making out conclusion but to tell that those politicians can really make use of it
to launder money which do sucks but its part of reality.

Bitcoin doesnt really limit out on who would be the one will engage on it.

Don't be too happy first if you find out that there are politicians who support Bitcoin, sometimes they do it for their own benefit.
It is possible that politicians support Bitcoin, because they store large amounts of Bitcoin, and want the Bitcoin price to go up,
in order to get a big profit. So it doesn't mean that if there are policuses that support Bitcoin, they will make Bitcoin legal or make
Bitcoin a means of payment.

When I heard from the media here in my Country, Bitcoins adoption is really impossible because of so much negative thoughts about it. However, there are two or more politicians who supported it and this two politicians definitely owned huge bitcoins that added more wealth to them. Maybe those old leaders could not understand nor accept it easily in the country because they used to learn the traditional ways of managing funds and physical investment. I guess, Government's acceptance/adoption in our country will take a long time and it depends on how open minded the leaders are. Its just a matter of deep understanding the Blockchain industry and the benefits it gives to people and for the country's economy especially at this strange time. I hope the whole Government could somehow realized the great features of Bitcoin and will come to legalized it.

Time will come that those leaders will eventually embrace the new technology and will support bitcoin, too. There are already some popular identities, government officials, big namrs in industry that are using bitcoin already. Thus, a good sign that bitcoin's adoption is spreading.

But, some will still not yet convinced about the greatness of this technology. As saying goes, "We can't please everybody". thus bitcoin can't also pleased all so expect some pessimists about it.

Government are actually supporting new technology and that the community should decide wether to join in it or not. But to those technology or platform that wi violate the rulings of the government then the government will imposed the implementing policies to protect the community.

I can see that due to love of cryptocurrency government had been letting the community for consumption but musy proceed with caution and this is the reason why exchanges here in our place had been given license to operate and made some caution, notice and the likes in every transaction made.

One way or other politicians from all over the world are forced to make a statement about the cryptocurrency and choose the sides.
If we will briefly look into the list of the top crypto-friendly countries we might notice that all of them are holding a strong position in the worldwide economy.
UK: Eddie Hughes made his statement noticing that all members of Parliament need to understand the future technologies and this is the core in current politic.
US: Jared Polis along with Gavin Newsom (crypto-friendly politics) were elected as governors. They made the support of Bitcoin as a part of the promotional campaign.
Sweden: Mathias Sundin became a member of the country’s parliament after funding his election campaign solely in bitcoin.
South Korea: Minister of science and information technology Yoo Yong-Min is a huge proponent of blockchain. Young-Min insists on the integration of the blockchain and that cryptocurrencies and the blockchain technology were considered as a single entity for regulatory purposes.

And I think if we will dig dipper we could find more examples of how it's important nowadays to be in line with new technologies in the world of politics.

Because bitcoin is a risky investment, many governments and politicians are against bitcoin. In the future, cryptocurrencies and bitcoin need more changes that benefit the community, then people will have a more positive view of bitcoin.

That was such a bold move but is also risky but its still good for some politician to tackle that topic since it has the capability to help the financial services sector. It would also require lots of research on how it can be used with moderation and topics about it being abused.

Cryptocurrency in our country is not that great but some companies provide learning's with them like XEM or NEM. It would be good if some politicians take it into consider but might just end up being corrupted by bad management.

Eventually, the old generation will pass by paving the way for the new generation to take over the world. Politicians accustomed to the traditional monetary system of today will eventually pass out, leaving younger ones in the lead. These young politicians have been quite fond of technology, which means that they'll quickly adopt Bitcoin for their own benefit. But know this: if politicians heavily support Bitcoin and Blockchain technology, we could expect heavy-handed regulations on the industry. That is to prevent money laundering and other illicit activities (or so they say).

No matter what Bitcoin's stance will be in the political world, it'll be here to stay thanks to its decentralized and open source nature. The pioneer cryptocurrency is virtually immune from regulations in the mainstream world. That's largely because regulations can't be enforced on a geographically-distributed network. With or without support from the government, Bitcoin will do fine in the foreseeable future. Just my thoughts ;D

Then why are there countries with a positive attitude towards cryptocurrency? I think they have a reason for this. Some countries help miners, and in some countries people can pay for utilities with cryptocurrency. So what comes of this? Why is the attitude so different and what is right?

The government and politicians in any country will not legalize bitcoin, according to them bitcoin can weaken the country's economy, but behind that all politicians are mining their bitcoins using a lot of electricity, assuming their electricity is the responsibility of the state, meaning they get profit with free electricity, this is one cunning ideas forbid others and they want to enrich themselves.

Very interesting question. Definitely cryptocurrencies like bitcoin really gaining more investor on daily basis so it has become powerful currency all round the world. Every government has their own thinking on these crypto. Some are implemented their rules and regulations. Some government Saying bitcoin has good future. So there is mix review but I think every government will support bitcoin just like gold.
From my country india government are looking to make some rules and regulations about bitcoin.
The main thing is that government always want control on anything and bitcoins are out of control from government.
But government has no on public money that where this money going to invested.

We don't know which politicians support bitcoin, especially if in his country prohibits cryptocurrency. If politicians can accept the new thing, he will try to invest in bitcoin, but he will not tell other people because bitcoin's legality is not clear. I think world leaders will embrace crypto/blockchain technology as a new thing to help their finances, but they need to research first before they legalize it.

We can see that in the country that accepts crypto/bitcoin, they are not against it, but they make crypto regulations, so there will be no problem for people when they used it. I don't know the impact of bitcoin, but I only think that bitcoin will become popular and reach more people in that country.

We really don't know who really are those politicians that rejects and supports Bitcoin aside from those who are vocal about it in public  but let us assume that they already know what Bitcoin is, why? because they are the one who will decide to regulate crypto. They have to discuss it before implementing rules on crypto exchanges on certain countries whether they are going to allow such operations or not. In short politicians might be secretly investing in cryptocurrency or even use it to fund something related to secrecy because they all know Bitcoin is decentralized and their shady operations will not be exposed. Bitcoin earns critics from people who are against it but now look at how far Bitcoin has achieved. Countries started to support it as mode of payment and investment but still government issued warning to people about possible loss due to volatility and scams. My country supported Bitcoin and we actively have maybe 3 local crypto exchange that fully supports Bitcoin and we are happy for that. 😁

The only instance when I heard about politicians holding Bitcoin was around three years ago, and that was from Ukraine. Check this:

https://www.coindesk.com/45-million-ukrainian-lawmakers-reveal-big-bitcoin-holdings

Apart from that I have never heard about any of the politicians (at least the mainstream ones) holding cryptocurrency or at least talking about it in a positive manner. 

Cryptocurrency is a really good alternative way of the financial system, it has a good purpose for every life of the citizen, there are some other countries that dont try to use any cryptocurrency because of thinking that it is a scam. This is really good news because it came from politicians which have the credibility to persuade other people to use and gain knowledge about cryptocurrency, it will them a lot especially with our current situation.

Most of us are not that into the use of bitcoin at first when we started to invest on it.

Let's accept the fact that some of us really doubted bitcoin before because it is not that popular and not in the mainstream.

But right now, some governments are legalizing and allowing bitcoin transactions in their country which is a good step for bitcoin adoption. For me, I think the reason why some governments still hate bitcoin is that they don't see it as a potential currency that can help and reduce economic crisis. They still think that bitcoin is not a real currency and they are still staying with the use of fiat.

Governments should learn how to use bitcoin in the market and economy and try its full potential even if it is still developing.

Most of the politicians in our country are definitely saying no to bitcoin but there are also some open minded government officials who are also supporting bitcoin silently. But as they say everything takes time. I think once crypto particularly bitcoin will go into mainstream, politicians opposing bitcoin will change their views on bitcoin and people will surely follow what is trend.

I guess if politicians are open to this kind of business maybe they will be into this, why? because if they keep their money into crypto who will know that they have this kind of investment, an amount keep from the eye of tax payers, first of all there is no way to trace your transactions point to your name due to its special features. So maybe there are lots of officials who are into this who works silently, who knows they might be one of the big whales around. :o :o

I think some politicians are open to bitcoin, and they invest some money in bitcoin too. But they don't tell their friends because they don't want to get trouble. Or they use bitcoin as the investment from the other sources' income, so they don't pay the more taxes. We don't know the truth, and we can only guess if the politicians buy bitcoin or they don't care about bitcoin.

of course they are,politicians are updated to which can be the fastest to gain money and they know about bitcoin.
some of them may have invested long ago to use for their political dreams,or some are investing in altcoins or ICO to easy money.
they might not be broadcasted but for sure there are plenty of them that involved in crypto specially bitcoin.

if we disregard thier position as politicians they are just a normal person and they can invest or like btc personally or outside of thier profession and there so many politicians around the world not just one so there are atleast few of them that supports btc personally or with thier profession included . to the blockchain , i dont really think so because not unlike to btc that is only a currency , a blockchain is a system and what if itl be applied on the politics or voting  . they can be screwed if they are dishonest of achieving thier position .

Yes many politicians support Bitcoin because they have see with their eyes and how every citizens will benefit and also improve the economy of the government. I think with time all the world leaders will fully legalized bitcoin for every citizens to embrace.

Bitcoin is a digital assets, by which is not control by any one, as we all know is that is decentralized currency, hence to move towards the direction of demand and supply, that determine the market, therefore government and politicians coming into Blockchain is a very good idea as long they keep the rules and regulations of the platform.

We also have the same issue here in my country. Most of the news that is related to crypto was negative, the always headline was someone who has been scammed in the crypto investment and this quite sad. They only saw Crypto in a negative way. Fortunately, our government was apparently supporting it though there is some negative news attached to it they never make a law against crypto. Perhaps our government might be also getting a benefit out of it.

They often correlate bitcoin as a bubble, just because they heard it from their other investor friends. And also, others are somehow afraid of the constitution, with two pieces of things in mind, wether to support bitcoin or not since there's still no clear disclosure if the state wants crypto or not. If I will be in their shoes, I will do the same, I'll wait till the constitution themselves figure out how great bitcoin is, then I'll become a polician or figure that will lead my people into financial innovation. Sadly, I don't like politics at all.

I wonder if one of the politicians can tell the public that they support bitcoin, and they are already investing in bitcoin. If that happens, maybe people will think that bitcoin can be the other investment source, which can give them another profit besides their jobs. That can help bitcoin to gain popularity, and the number of users that used bitcoin will increase. I am sure it will happen in the future once people realize the benefits of bitcoin to them.

I support that politicians support bitcoin, especially in a country like mine, but they should not use the money that is expected to take care of the citizens for it. And if they use it, it's just that the money revolves back to we who deal with cryptocurrency. Because those government officials whether we like it or not will definitely steal some money at the expense of the citizens and some of them are even looking for where to keep it to avoid being monitored.

Back in 2017, most of the media articles about Bitcoin and other forms of cryptocurrency were showing them in good light. But then multi-billion scams such as PlusToken and OneCoin happened. A lot of unsuspecting investors lost their money, and till now the masterminds behind that scam are leading a free life. Perhaps this changed the media perception about cryptocurrency.

I think some Government figures or politicians will support bitcoin but I think most will not because bitcoin can be traced and they probably don't want that when their christmas bonuses are around the corner.
I think only honest people would want it. It would be great though if a political party focuses solely on cryto as a means to move forward. It gives freedom to the people.

Right now there are governments that are not on the side of Bitcoin and cryptocurrency, and at the same time there are those of them that are in support of the cryptocurrency and Blockchain tech.

I can’t tell what the future holds for the crypto community, but I’m certain that Blockchain will gain more adoption, there are already lots of companies that are adopting the Blockchain tech around the world and I believe that as time goes on the numbers will go up as the companies continues to see the need for it in what they do. But as for governments, they are likely to create their own cryptocurrency and not adopt Bitcoin.

Sadly, we have the mainstream media to thank for the bad publicity Bitcoin and Cryptocurrency in general has been getting for the past few months. There were members of academia, some minor politician or I should call them government employees that shows up in some minor A.M. radio station and voiced his support for Blockchain technology, but there is no mention of Bitcoin or cryptocurrencies on that interview. I also saw another editorial in a newspaper that mentions blockchain tech and no mention of Bitcoin on that too. So I guess there is a difference there between people openly supporting Bitcoin and those who support the Blockchain technology and no mention of Bitcoin and Crypto.

Government figures or politicians supporting Bitcoin looks impossible to get because almost off them not understand with bitcoin and altcoin as currency transaction, they don't know how to use and get much profit as bitcoin for investment and trading way. They just take benefit how to be popular politician by giving way to get positive respond from many people, will be happen when getting government and politicians understand what is digital transaction and how benefit for the future by adopting bitcoin as legal transaction payment, We can get how the future bitcoin and altcoin when getting on them understand and want to learn with bitcoin or altcoin.

That's totally weird. I guess that most politicians are afraid of letting know the public about their Bitcoin stance, as it may lead people to abandon Fiat in exchange for crypto. If politicians decide to use Bitcoin, they'll do it secretly (off the record) in order to protect Fiat's dominance in the mainstream economy. After all, governments want to keep control of people by controlling the economy (via the use of Fiat currencies issued by a central bank). When government figures or politicians become supportive of Bitcoin, it's mainly to regulate and enforce control over it. This is somewhat good, since it maintains the legitimacy of the crypto/Blockchain industry. But the bad part is that it introduces the middleman, which Bitcoin was meant to avoid in the first place.

Nonetheless, the fact that some politicians are supporting Bitcoin tells us that mainstream adoption is growing faster than we've ever imagined. Regulation will come one way or another in order to legitimize the crypto/Blockchain space. As long as governments have a friendly stance towards Bitcoin, there should be nothing to worry about. Just my opinion :)

Politicians are also businessmen, they know what makes them beneficial or not. They might use their position to manipulate their people. With the good stance of all leaders towards Bitcoin the more it gets attention and trust from the community. May not all of them are investing crypto that is why some of them never agree and support Bitcoin in the market. However, it is not a reason to ask their support but for some interest that they can also benefit from it. In my opinion also.

Well, if they don't find solutions to the flaws of the current monetary system then they might have to replace the old with new emerging industry such as Cryptocurrency and blockchain. I think in the future, we will be seeing more politicians supporting even US congress showed signs of adoption. Rumors say, xrp could be a potential candidate to replace dollar but that's still rumors.

some are, but many are not because transactions are transparent and traceable. it would take up their space for more money than a few gross yields. political parties will never focus on crypto because crypto will become a threat. However, some of the political parties may agree with some other developments so that they are compatible with political parties.

They are already speaking the cryptocurrency language. As you can observe many countries are coming with different kinds of adoption and getting friendly with the digital space. That means that politicians are getting more in the ride with bitcoin.

XRP can't replace USD even though XRP is better compared to CBDC or fiat because of reserves, most of the countries holding USD as the reserve value so if we want to change all these things into XRP then we have to print more XRP which result into the same issue of inflation like fiat.And moreover government don't let a third party currency to be the reserve currency all over the world.

It would be a really great jump starter if one politician took interest with Cryptocurrency since people in power has this influence to really indulge others to learn it. They could also start teaching people about it and how to monetize their time with it. Lets just hope that these people in power would not abuse the financial opportunities Cryptocurrency has to offer.

Politicians in developed countries can support it.  Because if they accept Bitcoin in their country, it will not have a big impact on their country's economy. Because the technology of developed countries is much better.  They can easily control Bitcoin.  However, this task will be very difficult for underdeveloped countries.  Although we sincerely believe that one day the whole world will welcome Bitcoin.  Then Bitcoin will prevail as a digital currency.  Now there will come a time when no one can buy anything without cash, no one can buy anything without digital currency like Bitcoin.  And the politicians who understand this are supporting Bitcoin.

Believe me, the government will eventually shift from the current monetary system to one powered by Blockchain technology. Whenever it'll be XRP or a privately-owned Blockchain network, it's yet to be seen. The recent interest in crypto/Blockchain technology, tell us that government figures or politicians will support Bitcoin without thinking it twice. These entities won't publicly disclose that they're loyal supporters of Bitcoin. But behind the scenes, they have been relying on Bitcoin as a store of value. It's said that the government figures in Venezuela and North Korea are using Bitcoin to avoid sanctions imposed by the US. It's no wonder, since Bitcoin is decentralized and outside the scope of third parties. I believe that the more politicians support Bitcoin, the better it'll be for its adoption in the mainstream world.

Nonetheless, we're still living in a period of uncertainty. Bitcoin is still starting to blossom despite being on the scene for almost 12 years now. We're going to have to wait and see how everything unfolds as governments devise new regulations for the crypto/Blockchain industry. Considering that Bitcoin is still in a regulatory grey area, it's the wild west out there in crypto land. Just my thoughts ;D

Maybe yes, its because countries in the first world class were supposed to be always in the latest technology aspects and their country has an advance research team. But as of now i haven't heard any of our politicians here in my country supporting bitcoin. Some of them may have open up about it but none make it seriously an on topic. We'll just hoping that someday or one of these days due to pandemic this politicians of our may consider the possible significant of bitcoin in our economic growth.

I think it wont be long for the Government to embrace and gives bitcoin a total trust and adoption in some countries. The widespread usage of bitcoin anywhere in the world will make the leaders of the country realize that they must go with the trend in the market to also gain profits that can absolutely help restoring the economy. I know some politicians here in my country who supported bitcoin and have huge amount of this digital currency. So, I guess its just a matter of proper understanding the digital currency with the whole Government before adopting it.

Most politicians don't want to publicly disclose their support for Bitcoin, because it'll do more harm than good to the current monetary system. After all, governments want to stay in power by controlling the economy. Seeing a politician or government figure supporting Bitcoin, is a rarity these days. Rest assured that governments friendly towards Bitcoin and other cryptocurrencies in general, will impose heavy-handed regulations in order to minimize fraud in the industry as much as possible. Bitcoin will be legalized but you won't be able to do whatever you want (legally speaking). This is good because it'll contribute towards the growth of the industry in the mainstream world.

Nonetheless, it's evident that most politicians will be against Bitcoin since it poses a threat to Banks. Those who support it will be the minority having no say in Bitcoin's future stance in the mainstream world. As long as the cryptocurrency remains decentralized, it'll be able to remain resilient against government interference. Sooner or later, mainstream governments will recognize it's too late to take Bitcoin down. As a result, Bitcoin will survive alongside Fiat for many generations. Support or no support, Bitcoin will be here to stay. Just my thoughts ;D

This is a very interesting thread as it touches the core factor of bitcoin's mass adoption in the mainstream world.
Of course, just like OP mentioned, there are politicians and government figures or officials who support bitcoin or the Blockchain technology, although many do this in secret and not publicly.
A government figure publicly supporting bitcoin is suggesting to the public that he has seen the numerous advantages and benefits of bitcoin over the current monetary system and should be made the legal tender. This invariably means that the government figure is saying that the government shouldn't have control over the masses' money. Trust me, this is very very rare.
I, however, believe that, going at this rate, bitcoin will eventually be adopted by everyone including government officials and politicians because that is the future of money.

Most government figures or politicians will be against Bitcoin because of the reasons mentioned earlier. But there will still be a minority who'll support it in secret. What matters is that the general public makes use of Bitcoin for their own benefit. As long as Bitcoin's adoption in the mainstream world grows, there should be nothing to worry about. Eventually, crypto will co-exist with Fiat in the mainstream world. With or without support from politicians, Bitcoin will be here to stay. That's thanks to its decentralized and open source nature.

Nonetheless, seeing a government figure or politician publicly supporting Bitcoin is a rarity these days. It's no secret that some government officials have been using Bitcoin to evade US sanctions. Venezuela is a good example of a country which uses Bitcoin for this. If the trend continues, all of the governments of the world will adopt Bitcoin for their own benefit. But they'll continue to promote Fiat more thoroughly in order to maintain control of the mainstream economy. Otherwise, they'll lose power over people's money. Just my opinion :)

The main reason is this technology's decentralization right? that is why big companies are iming for regulation and centralization which re more supported by the governments of many countries. For those who wants Bitcoin to be used in their daily lives, they would more likely want it to be decentralized in nature but centralization is the only way in order for this to happen. While to those who are just aiming for investment purposes, either centralization and decentralization would be good, their main concern is the price of crypto to generate profit  Why did I bring this up? because this is more likely how government sees things. If people are against centralization they they will just prohibit its use. And since more people are not that concerned, there are countries wherein it is quite "neutral" wherein some private businesses are allowed to accept it as mode of payment, but at their own risk.

yes this topic is very good to discuss, the government should support this crypto currency. There are already many people who have benefited from the cryptocurrency, but I think there are reasons for the government not wanting to support cryptocurrencies for several reasons such as transactions that cannot be known who the user is, the price of cryptocurrencies that the government cannot control and various other reasons which makes the government have doubts about this cryptocurrency. I think if it is discussed more thoroughly there will definitely be a way out so that crypto currency can be used better so that all people on earth use crypto currency as a means of payment.

It is possible that our politicians will support bitcoin. Also I think world leaders embracing crypto will depend on the current situation of the country. There are still many things about cryptocurrency to discuss with. Maybe some government may go against it because they cannot interfere with cryptocurrency especially that there's no law about taxes on bitcoin. Having politicians who supports bitcoin or any other cryptocurrency may promote bitcoin and it is a great advantage to reach its peak.

What i say those high profile figure is just like a joke, have possess high level of hypocrisy. You can't determine the real one, there's a big question mark on attitude towards bitcoin. They thought they could bring down Bitcoin. However, presently they're understanding Bitcoin is unstoppable, so they got the chance to join into the party.

Bitcoin would surely reach widespread adoption in the mainstream world, if politicians embrace it. There have been quite a few number of politicians expressing their support for Bitcoin and crypto in general. However, the majority is silent because they don't want to harm Fiat's adoption in the mainstream world. Governments want to remain in control no matter what. They'll try to minimize Bitcoin, while glorifying the traditional monetary system powered by central banks worldwide. With or without support from government figures, Bitcoin will be here to stay. That's thanks to its decentralized and open source nature. For the first time ever, money is separated from the state. People can finally enjoy true financial freedom without fear of third-party intervention.

Nonetheless, Bitcoin has attracted the masses because of the many benefits it provides relative to Fiat. Politicians know Bitcoin's true power, which has led them to use it as a tool to circumvent sanctions, among many other things. It's said that Venezuela's government officials have been using Bitcoin to protect themselves against recent US sanctions. With its decentralized nature, Bitcoin remains truly unstoppable. Expect to see more politicians or government officials supporting Bitcoin in the future, as its benefits are too hard to ignore. Just my thoughts ;D

Nowadays bitcoin is getting stronger day by day, everyone will never ignore bitcoin, even politicians will never ignore bitcoin, so now politicians or government figures have started to support bitcoin, because now they are starting to believe and realize that bitcoin has become fields to accumulate wealth.

- Can you tell people what specific names and actions these people take in favor of bitcoin? Because according to the events updated on this forum, very few governments or politicians openly support bitcoin, the government was mostly informing and feeling about the threat bitcoin is creating, the biggest and most recently updated support is organizations such as Tesla. Bitcoin is a mutant that the government cannot strictly control, so asking for a vote of support from the government is very difficult, most of the bitcoin community is only operating anonymously and avoid the review from government