Bitcoin a political coin

[nappoleon]

My take is more on pride and arrogance. There is two sides of the community the tech savvy ones (coders) and business people (non-coders). In my opinion, the scaling debate is a crucial technical step. Now, there's an easy and hard way. Easiest way is to increase the block size, to me - this method is uncreative one like tax. This just leads to ever increasing block size, and the larger the block size the slower to propagate into the network plus the larger it gets the larger storage you need to run nodes, so it gets really expensive. You see? even just doubling the block size would be detrimental to the UTXO hence we clearly needed to scale off-chain and you know how that goes. It's harder but it's more efficient. Lightning would be the solution, and deploying lightning would need a malleability fix, which segwit has done and partly separating the heavy scripts to accommodate more transactions.

[Redanim]

Everything is possible,maybe bitcoin currency was created for laundering dirty money, but dont forget that ordinary people make money with bitcoin also and launder the same money, so not only politicans are involved.

[mrcash02]

Bitcoin is a legit currency, very useful for the good. But as even Jesus Christ's history was misrepresented, why wouldn't it happen to Bitcoin? Everything legit awake evil forces trying to subvert the real initial purpose. It's a malicious strategy because they use the real history/purpose as propaganda (with the agreement of everyone), but behind the scenes the intentions are very different, because they were changed by these "politicals" (not saying only politicals, but any cheater that try taking advantage).

[criz2fer]

We have been experiencing lots of up n down , contradictions on bitcoin scaling solution  .. even Dev teams are not united , forget about miners, in addition big whales hv their own gang and their positions on fork , or pre/post fork ..

do you think Bitcoin is victim of bad politics or became a political coin .. ?

Corruption is the proof. People are fighting for it, not developing bitcoin because of its price today. Many are being driven to control its position specially in the government sectors. Bitcoin i think will not be the victim of it but people with greed towards money will destroy everything.

[Kprawn]

Besides being a political coin challenging the Fiat masters of this world, Bitcoin are also the victim of Developers trying to

power grab the fame and fortune that comes from leading this experiment. You get a lot of attention, when you are part of

the team that runs the show in the development of this technology. Gavin had a taste of this and he clearly wants more now.

The political struggles to be on top, has only started... we will see a lot worse as Bitcoin grows bigger.  

[dificanovi]

I think bitcoin is a fabric used to make big profits. get a big profit from bitcoin that is by, investing, trading and many others. for bitcoin users they will definitely get a lot of profit.

[Jaydeepjani]

Bitcoin is to be a legal currency but as today's world is filled with corruption what can happen next cannot be imagined what's your view on this ?

[Mpamaegbu]

We have been experiencing lots of up n down , contradictions on bitcoin scaling solution  .. even Dev teams are not united , forget about miners, in addition big whales hv their own gang and their positions on fork , or pre/post fork ..

do you think Bitcoin is victim of bad politics or became a political coin .. ?

If you view the struggle for supremacy as an engagement in politics, then OP you may be right. But I don't think so that Bitcoin has become a political tool. The disagreement among devs, miners and specially treated whales is healthy. If you know what goes on among governments and their functionaries you will also discover that a lot of power is involved in fiat too. It is only natural for humans to struggle for power where anything substantial and valuable is concerned.

[Pinkris128]

We have been experiencing lots of up n down , contradictions on bitcoin scaling solution  .. even Dev teams are not united , forget about miners, in addition big whales hv their own gang and their positions on fork , or pre/post fork ..

do you think Bitcoin is victim of bad politics or became a political coin .. ?

I think it is a victim of bad politics because as we think politics was handled by people and these people are not doing their job on what can make one country into better. They only think of what is good for theirselves. They become iresponsible and they are united as one as result to misunderstanding and trouble as well. Power was not being used in a right way this time and that was the sad truth about people in the politics.

[pushups44]

Arguably bitcoin is apolitical, given that it is stateless and decentralized. So it can be viewed as political in the sense that it is politically neutral. Bitcoin is thus a hedge to political turmoil in individual nations. No nation has the power to shut it down.

[orions.belt19]

You may say that it is political in the sense that there are attempts to have some control and power over it. Bitcoin is involved in politics because activities are done in order to gain control and much of it are being done involving bitcoin and the cryptoworld. There is the presence of whales and other corrupt influential users who want to make the most profit by manipulating the market. It's not surprising that there is such a presence because in anything which has power is given interest by those who are greedy.

[eucalyptus]

Bitcoin is undergroun of money market. You should do mining and mining. I dont believe that it is gonna be political for many years.

[Ewinsane]

Bitcoin is very popular now. Yes it is in fact connected with politics. Bitcoin has no negative or negative impact on politics. It is good news for the country.

Basically, bitcoin is completely decentralized and un-controllable currency so in this sense we cannot connect bitcoin directly to some in fluency but by a parameter we can say that bitcoin is a political coin because in politics if you want to overcome the well of someone in your favour so you must be perfume positively in favour of that one individually or communally.

In this sense bitcoin has proved himself helpful and beneficial to people so we can say that politically bitcoin has played a great role for winning the well/hearts of people.

[kimochidesh]

We have been experiencing lots of up n down , contradictions on bitcoin scaling solution  .. even Dev teams are not united , forget about miners, in addition big whales hv their own gang and their positions on fork , or pre/post fork ..

do you think Bitcoin is victim of bad politics or became a political coin .. ?

Due to decentralization, nobody can fully control the BTC, but BIG fishes of the pond always try to manipulate and control the things. This also implies to BTC, developers, Miners, Devs and Big HODLers are trying to manipulate the Btc at their own level.
Some says forks are just improvisation and developers are trying to give best and better version of BTc while other say it is Victim of politics and will ruin it completely.

[Matcuda]

We have been experiencing lots of up n down , contradictions on bitcoin scaling solution  .. even Dev teams are not united , forget about miners, in addition big whales hv their own gang and their positions on fork , or pre/post fork ..

do you think Bitcoin is victim of bad politics or became a political coin .. ?

Due to decentralization, nobody can fully control the BTC, but BIG fishes of the pond always try to manipulate and control the things. This also implies to BTC, developers, Miners, Devs and Big HODLers are trying to manipulate the Btc at their own level.
Some says forks are just improvisation and developers are trying to give best and better version of BTc while other say it is Victim of politics and will ruin it completely.

I would not call bitcoin a political coin. But, you are right that forks are ways to manipulate the price. And they are needed only in order to sharply reduce the price and make a panic

[Shenzou]

Every era has that one precouis thing that the world fights over, in the early days poeple fought over land, than they fought over gold, and now they are fighting over the control of the bitcoin, even if it is hidden and people not see it the competition is there, when bitcoin was created it was supposed to unite people under one currency and as it strated to grow and increase in price it drove poeple to madness and it strated to lose its purpouse and mining it started to become more of thing that is specified to large companies and poeple with power, and not to mention the bad use of its mechancis and adventages for illeagal stuff, but the vision and the passion that the devs and the user  have for it is what makes it keep going and makes it the best option not only for users  but also for investors.

[Squidoogeek]

Political? Maybe in the sense that there will always be "politics" involved in anything that includes a group of people, and that's true whether you're talking about a government or an office. But I'd call Bitcoin a politically neutral technology in the sense that it doesn't really care about who uses it. Libertarian free market supporters like it because it can be used to get around regulation and dodge the morality police to a certain degree. I could even see left-wingers, the ones who genuinely care about things like civil rights and equality rather than just using those terms like stone clubs to get their way anyhow, liking it because Bitcoin does not care about race, religion, sexual orientation, or national origin. If people have manipulated it for their own profit, they're usually the big players who have something to gain by creating chaos.

[fasdorcas]

Bitcoin is undergroun of money market. You should do mining and mining. I dont believe that it is gonna be political for many years.

Even politics and bitcoins are too far away from each other as they do not have any similar connection. Bitcoins are a free currency without any restrictions and dominance. Bitcoins cannot be controlled by any politics and so it is never a political coin. Even we know that bitcoins are completely decentralized and have nothing to do with the government transactions and even the government cannot control bitcoins.

Bitcoins are grown vast these months and that's why most of the political parties have started accepting bitcoins in order to make themselves famous.

[ABIR HASAN]

I think it's true Bitcoin a political coin. Because, as much knowledge about it, I can get it up.
If someone knows the relationship between BTC, and can work properly
Then we can earn a lot of money.

[iamTom123]

Everything is possible,maybe bitcoin currency was created for laundering dirty money, but dont forget that ordinary people make money with bitcoin also and launder the same money, so not only politicans are involved.

Bitcoin was not created to be used on laundering ill-gotten money or the money taken from criminal activities...that is not the main design of Bitcoin. But since it is also a currency the government could never post a police on everyone...anybody can use Bitcoin for whatever purpose one has in mind whether they be legal or illegal. The problem is that since Bitcoin is still new or something that is novel, it can easily be highlighted and so we always hear this point in the mainstream media. Please note that any currency digital or not (fiat paper money) can also be utilized for criminal activities. In fact, I have a report that the biggest transactions for criminals are still conducted in real cash (though Bitcoin can be more attractive for them).