How cryptocurrency could determine the UK general elections?

[Harrydose]

The millennial age frames the center member and crowd gathering of who are interested and ready to participate in cryptocurrency, and from its vibes, they are most of the individuals who will decide the general election in the UK.

The association between Millennials and cryptocurrency can’t be overlooked. They are the primary genuinely computerized age, making up about a portion of the worldwide proprietors of bitcoin. It was as of late discovered that somewhere in the range of 20% and 29% of affluent, English recent college grads have just put resources into bitcoin.

Source: TheCoinRepublic

[alyssa85]

Huh?

The election is over (it was held last Thursday). The Tories won. Cryptocurrency didn't determine the results! Cryptocurrency wasn't discussed at all. (Brits like the pound sterling and arn't in any hurry to replace it with another currency. Especially as inflation has started to drop in recent months).

[pakhitheboss]

The millennial age frames the center member and crowd gathering of who are interested and ready to participate in cryptocurrency, and from its vibes, they are most of the individuals who will decide the general election in the UK.

The association between Millennials and cryptocurrency can’t be overlooked. They are the primary genuinely computerized age, making up about a portion of the worldwide proprietors of bitcoin. It was as of late discovered that somewhere in the range of 20% and 29% of affluent, English recent college grads have just put resources into bitcoin.

Source: TheCoinRepublic

The election is over and Cryptocurrency was never a point of discussion, it was always Brexit. I do not know from where did you get this article, which is irrelevant at this stage.

[ubercool]

I don't know how you related elections from crypto currency, especially in a country like UK. It's not a tiny country's election where politicians can bribe people to vote. Also there is no agenda of any party regarding crypto currency.

[Jating]

It just proves that there's no connection whatsoever between elections and millennials. Politics is very different though, do you think that they will vote just because a candidate is pro-crypto? (I'm assuming that this is the point of the OP).

But since the election is over, millennials votes has no effect, sorry to tell the OP about that.

[franky1]

just because the main population base of crypto is millenials. does not mean the main population of millenials desire crpto

EG imagine 20million people are into crypto and 7million are millenials.
with 7 million spread across the work ony 500,000 are UK millenials interested in crypto


.. but in the UK there are ~20million millenials meaning 2.5% are crypto interested

or in short 500k of 70mill (under 1% of population0

meaning crypto only has a fator of potentially 1% vote sway if a election pledge by a andidate mentioned crypto

. yep 1%
or to word it another way. actual results:
Conservative Party   13,966,565
Labour Party      10,295,607

if say labour done a crypto pledge. at best. results would look like this
Conservative Party   13,466,565
Labour Party      10,795,607

[ChuckBuck]

I'm sorry if I'm wrong, but I want to say that article is ridiculous. The general election in the UK has nothing to do with cryptocurrency. Even, it is not mentioned at any time. And the title in your topic is an irrelevant question. Cryptocurrencies cannot and never affect any general election of any country. You should understand that, politics and economics, even technology is not directly related to each other.

[Railai]

torries won, end of story. will brexit real demage the usage of cryptos in uk? this is the question that users should put more often
there is already quite bad legislation regarding cryptocurrencies

[kro55]

The millennial age frames the center member and crowd gathering of who are interested and ready to participate in cryptocurrency, and from its vibes, they are most of the individuals who will decide the general election in the UK.

The association between Millennials and cryptocurrency can’t be overlooked. They are the primary genuinely computerized age, making up about a portion of the worldwide proprietors of bitcoin. It was as of late discovered that somewhere in the range of 20% and 29% of affluent, English recent college grads have just put resources into bitcoin.

Source: TheCoinRepublic

The coin republic always come up with such news that are totally baseless. UK democracy is very mature and is called mother of all parliaments. People in UK are also educated and wise enough to choose there candidates. Dont know who somebody can imagine to write such article.

[BitHodler]

Cryptocurrencies cannot and never affect any general election of any country. You should understand that, politics and economics, even technology is not directly related to each other.

It depends though. If you can make everyone vote on Bitcoin's blockchain for example, which is immutable by nature, there is nothing any political party can do to change the vote or make them disappear.

The manipulation has to happen before the vote has been broadcasted and confirmed. You always have to compromise on security and fairness somewhere, but at least this way it's going to be more fair than it has been before.

Every improvement counts I would say.

[franky1]

It depends though. If you can make everyone vote on Bitcoin's blockchain for example, which is immutable by nature, there is nothing any political party can do to change the vote or make them disappear.

voting does not need blockchain. because voting is only a 24 hour action. you dont need to have an active system 24/7/365/4year

you just need something for 1 night
call it a "UTXOblock"
where transactions are locked into one block and that block is cryptographically locked.
the chaining part is not needed because after the 24 hours no additions need to be made.

the important part of voting is not the chaining. but the cryptographic locks of both message signing and block hashing

the weakenesses are in the registering voters to a specific identifyable key to ensure only one person has one vote by preventing people from stealing keys or just making up fake keys/identities to double vote

[lizarder]

I don't think cryptocurrency has anything to do with UK election.

But we will not know how that will happen in the UK government. Could be the UK government. can accept bitcoin as well cryptocurrency if you win in the voting election, because the UK will definitely need something to support the economic factors of its own people if the UK. really going out of Europe.

[kryptqnick]

Huh?

The election is over (it was held last Thursday). The Tories won. Cryptocurrency didn't determine the results! Cryptocurrency wasn't discussed at all. (Brits like the pound sterling and arn't in any hurry to replace it with another currency. Especially as inflation has started to drop in recent months).

Not only cryptos did not play a role in the elections, but IMO contrary to what some are saying, the reverse also did not and will not occur. Great Britain is not as great as it used to be in terms of influence and economics. Getting out of the EU is not likely to bring it prosperity, but is a rather risky move that was made possible by inclining people who are not usually voting to come and vote for Brexit. This country is not big on cryptocurrencies, either. It's no Korea, China or the US. So while currently the GBP is doing well and Bitcoin is doing so-so, I see no causal relations of any kind between the two. Oh, and I'm pretty sure that those pro-crypto millenials are those who voted against leaving the EU in the first place, so...

[fiulpro]

I think we should understand that the younger generation is surely gonna support the people who will be involved in the cryptocurrencies and give them good future laws regarding it but at the same time we have the older generation and also the people involved against cryptocurrencies therefore I don't think it will make a good topic to discuss about since it will create numerous diversions .. there will be people supporting and people against it so this is going to be super complicated.