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Title: Politics consequence on crypto Post by: King GK on March 02, 2023, 08:54:42 AM Politics have a definite on crypto, while countries try to destabilize one another, and so it is an interesting analysis. Politics is closely related to regulations and policies that will be legitimated by government.The governments can just issue crypto currency regulations quickly, but these are still other consideration that still have not found an agreement between agencies and I think the government must think about how much income taxes, and inflation rates
Title: Re: Politics consequence on crypto Post by: DeathAngel on March 02, 2023, 08:33:52 PM Governments can have an effect on crypto, both positive & negative. We saw a negative way with China banning bitcoin (again). This caused the price to tumble, I remember going from 45k to 28k within hours. We can also see a positive way like El Salvador adopting bitcoin as official currency.
Governments don’t like crypto because it empowers the people. They will try to put as many hurdles in the way as possible but they are happy to take our tax money from profits. Eventually governments will have to take a knee to bitcoin. Title: Re: Politics consequence on crypto Post by: Ebede on March 06, 2023, 11:33:52 PM I don't think that politics have any consequences on cryptocurrency they can only have consequences in their own currency which is feared but in other digital currencies I don't think that politics have any impact of it
Title: Re: Politics consequence on crypto Post by: Fiatless on March 07, 2023, 06:19:16 PM I don't think that politics have any consequences on cryptocurrency they can only have consequences in their own currency which is feared but in other digital currencies I don't think that politics have any impact of it Politics have a lot of consequences on cryptocurrency because it is the government that make policies on regulations and restrictions. These politicians make laws that determines how cryptocurrencies will be used on their country. Politicians from El Salvador and Central African Republic made Bitcoin a legal tender and it led to a wide adoption of the currency. While politicians in China and other strict countries are not supporting cryptocurrencies which have made many crypto experts to leave the country.Title: Re: Politics consequence on crypto Post by: Newlifebtc on March 13, 2023, 08:56:49 PM Politics have a definite on crypto, while countries try to destabilize one another, and so it is an interesting analysis. Politics is closely related to regulations and policies that will be legitimated by government.The governments can just issue crypto currency regulations quickly, but these are still other consideration that still have not found an agreement between agencies and I think the government must think about how much income taxes, and inflation rates From my own understanding I will say that there is no consequences in cryptocurrency over politics because from cryptocurrency definition and breakdown through bitcoin definition you understand that Bitcoin is a digital currency chart of let alone without anyone support so with that you know that the consequences is based on your investment and the ability to control your investment so therefore I believe are you have to follow your ways brakes on the things you understand of cryptocurrency |