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Author Topic: Bitcoin and Conservatism  (Read 1378 times)
devthedev (OP)
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December 16, 2016, 03:51:16 PM
 #1

I have noticed that many Bitcoin users are quite liberal, and wonder the reason behind that. Conservatives believe in small government, limited tax, less regulations and free markets. Liberal policies would without a doubt hinder Bitcoin growth with intense government regulations and scrutiny.

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December 16, 2016, 04:02:26 PM
 #2

I'm not that familiar with American politics, but I would also think that a fair number of people here might be conservative, but also libertarian as well?

Am I right to say that libertarians are also conservative? Just looking at Gary Johnson as an example...

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December 16, 2016, 04:17:13 PM
 #3

I know people of all ideologies that are pro bitcoin and own some bitcoin (of course not in real life only online people since I have never seen anyone in real life that knows what bitcoin is) but I have noticed that a lot of people on bitcoin are libertarians and usually don't like the state interventionism policies.
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December 16, 2016, 04:17:58 PM
 #4

I have noticed that many Bitcoin users are quite liberal, and wonder the reason behind that. Conservatives believe in small government, limited tax, less regulations and free markets. Liberal policies would without a doubt hinder Bitcoin growth with intense government regulations and scrutiny.

Maybe I'm wrong there, but doesn't liberal mean the liberty of people from governmental restrictions?
So I would somehow see it just the other way round, that conservatives would hinder bitcoin growth, because it's the nature of conservativism to keep things like they are.
In case of money that would be fiat money.

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December 16, 2016, 04:23:27 PM
 #5

What I see in America is that conservatives believe in nothing. They just elected a megalomaniac New York billionaire who is loyal to Russia. What country is this anymore?

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December 16, 2016, 04:36:52 PM
 #6

What I see in America is that conservatives believe in nothing. They just elected a megalomaniac New York billionaire who is loyal to Russia. What country is this anymore?
I don't think that all conservatives are behind Trump. Like I said in my previous post, there must also be some that just believe in personal freedom (libertarian).

Anyway, I don't think that someone who is conservative isn't automatically a bad person or stupid, same with liberals. Although some people from either side would have you believe that.

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December 16, 2016, 05:10:49 PM
 #7

I have noticed that many Bitcoin users are quite liberal, and wonder the reason behind that. Conservatives believe in small government, limited tax, less regulations and free markets. Liberal policies would without a doubt hinder Bitcoin growth with intense government regulations and scrutiny.

Its actually difficult to think that only conservative people like Bitcoin and liberal don't. Bitcoin is a particular currency that is accepted by one and all. Every one loves Bitcoin and they leave thier politics behind it. That's my personal feel, however this question is one that deserves a lengthy debate
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December 16, 2016, 05:13:10 PM
 #8

I have noticed that many Bitcoin users are quite liberal, and wonder the reason behind that. Conservatives believe in small government, limited tax, less regulations and free markets. Liberal policies would without a doubt hinder Bitcoin growth with intense government regulations and scrutiny.

It's a fair question, but you shouldn't necessarily assume liberals want more regulation just for the sake of having regulations and scrutiny, or that it should apply universally.  I believe slashing regulation in traditional finance is a bad idea because banksters, brokers and hedge fund managers can't be trusted not to manipulate markets, cut corners, fudge figures and cook the books.  There needs to be oversight to attempt to keep them at least somewhat honest, and government regulation is the closest thing we have to that effect.  However, I don't believe Bitcoin itself should be regulated, because crooked individuals can't abuse crypto in the same way they can abuse fiat.  The rules are set in code and (for the most part) can't be flouted.  So it's unnecessary to regulate something which is effectively self-regulating.  Further scrutiny is not required because the system is open and transparent; everyone can already see exactly what is happening.  There's no need for government to be involved.  Businesses that utilise Bitcoin, however, can and should be regulated if they handle customers' funds.

It's entirely possible to be liberal and appreciate Bitcoin for what it is.

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devthedev (OP)
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December 16, 2016, 05:26:53 PM
 #9

What I see in America is that conservatives believe in nothing. They just elected a megalomaniac New York billionaire who is loyal to Russia. What country is this anymore?
I don't think that all conservatives are behind Trump. Like I said in my previous post, there must also be some that just believe in personal freedom (libertarian).

Anyway, I don't think that someone who is conservative isn't automatically a bad person or stupid, same with liberals. Although some people from either side would have you believe that.

Yeah, I am extremely conservative and did consider myself a republican, but no longer. My party left me when they elected Trump because he's been a life-long liberal and is basically moderate now. However, I do feel Pence and his advisors will balance out the ticket slightly. I will cheer when he does something good, but will be extremely critical when he does bad things.

RodeoX, like you just illustrated: Trump has seriously damaged the conservative moment, he doesn't represent many of our values. But on another note, the Democratic Party is definitely in shambles as well.

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December 16, 2016, 05:33:56 PM
 #10

What I see in America is that conservatives believe in nothing. They just elected a megalomaniac New York billionaire who is loyal to Russia. What country is this anymore?
I don't think that all conservatives are behind Trump. Like I said in my previous post, there must also be some that just believe in personal freedom (libertarian).

Anyway, I don't think that someone who is conservative isn't automatically a bad person or stupid, same with liberals. Although some people from either side would have you believe that.

Yeah, I am extremely conservative and did consider myself a republican, but no longer. My party left me when they elected Trump because he's been a life-long liberal and is basically moderate now. However, I do feel Pence and his advisors will balance out the ticket slightly. I will cheer when he does something good, but will be extremely critical when he does bad things. RodeoX, like you just showed: Trump has seriously damaged the conservative moment, he doesn't represent many of our values. But on another note, the Democratic Party is definitely in shambles as well.
That's the thing. I do not really consider myself conservative, but I have respect for those who have a consistent philosophy on the subject, right or left. But Trump is just about Trump and seems to have no center or consistent ideas about the world. He just reacts in the moment based on his feelings at that moment. That is how dictatorships operate. These are worrying times. 
P.S. I often voted Dem in the past. My party has also sold out and I'm outta there. 

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
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December 16, 2016, 05:51:21 PM
 #11

Liberals and Conservatives have the same opinion about economy, they fight for the same purpose against the lefters fools. But, their opinion about society, comportament, religion is different. I heared that liberals are just lefters that studied a bit more.  Cheesy

In the Bitcoin world it's possible to find many liberals and many conservatives also and even some hypocrite lefters wanting advantages on this capitalist world. There are all kinds of people using Bitcoins and following crypto-currencies.

 
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AgentofCoin
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December 16, 2016, 05:51:53 PM
Last edit: December 16, 2016, 06:07:09 PM by AgentofCoin
 #12

I have noticed that many Bitcoin users are quite liberal, and wonder the reason behind that. Conservatives believe in small government, limited tax, less regulations and free markets. Liberal policies would without a doubt hinder Bitcoin growth with intense government regulations and scrutiny.

Bitcoin was created as a reaction to how the current financial system failed the people and
continued to fail by allowing the bailouts throughout the world and prevented a correction.
Currently, there has been no correction and the markets are mostly pumping world wide
the same way a new shitcoin pumps. Satoshi created this system as a counter check to those
policies. He disagreed with that system's choice, so he created a new choice, Bitcoin.

So the question now is whether you believe bailouts/currency manipulation can be good or not.

Liberal or Conservative doesn't matter.
When a government pushes systems that allow people to live outside their means, and that system
obviously collapses due to being a legalized ponzi, should they defer that debt to future generations?

Satoshi thought no, so if you think the decision to do so was appropriate, you are likely here just
for the speculation and greed or for reasons that Satoshi never originally cared about or intended.

I support a decentralized & unregulatable ledger first, with safe scaling over time.
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devthedev (OP)
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December 16, 2016, 05:59:41 PM
 #13

Yeah, I am extremely conservative and did consider myself a republican, but no longer. My party left me when they elected Trump because he's been a life-long liberal and is basically moderate now. However, I do feel Pence and his advisors will balance out the ticket slightly. I will cheer when he does something good, but will be extremely critical when he does bad things. RodeoX, like you just showed: Trump has seriously damaged the conservative moment, he doesn't represent many of our values. But on another note, the Democratic Party is definitely in shambles as well.
That's the thing. I do not really consider myself conservative, but I have respect for those who have a consistent philosophy on the subject, right or left. But Trump is just about Trump and seems to have no center or consistent ideas about the world. He just reacts in the moment based on his feelings at that moment. That is how dictatorships operate. These are worrying times. 
P.S. I often voted Dem in the past. My party has also sold out and I'm outta there. 

Absolutely, I am a Rubio and Reagan conservative all the way, and completely respect real democrats that aren't leftist snowflakes that want to abolish the electoral college and declare war on police. Next election, conservatives and real democrats will likely have to run 3rd party like Evan McMullin.

Maybe I'm wrong there, but doesn't liberal mean the liberty of people from governmental restrictions?
So I would somehow see it just the other way round, that conservatives would hinder bitcoin growth, because it's the nature of conservativism to keep things like they are.
In case of money that would be fiat money.

Nope, it's reversed. Conservative policy is more for individual freedom, limited government and free trade as well as the interpretation of the constitution in the original form. Whereas democrats feel the constitution is something that needs to be updated to the current times (while the party's leadership is on average 30 years older than Republican leadership)

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December 16, 2016, 06:10:33 PM
 #14

Yup the government has hinder the growth of Bitcoin, and I don't blame them for doing such thing. I mean what country's government would allow a foreign currency to even be their 2nd official currency it is not right and will make things unbalance. Unbalance such us people will hoard Bitcoin to raise their value before dumping all of them. Also now only resident citizens will benefit having a 2nd currency but also foreigners will be allowed to control a country's wealth.
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December 16, 2016, 06:46:52 PM
 #15

It's prety natural that Bitcoin users are liberal. People with liberal attitude to the world are wide open to new things including new technologies, changes and alternatives. So they were more keen to adopt Bitcoin too. Conservatives are different and they are usualy reserved to stuff like this. This both is worth for politics and everyday life and not just in America.

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December 16, 2016, 07:16:28 PM
 #16

It's prety natural that Bitcoin users are liberal. People with liberal attitude to the world are wide open to new things including new technologies, changes and alternatives. So they were more keen to adopt Bitcoin too. Conservatives are different and they are usualy reserved to stuff like this. This both is worth for politics and everyday life and not just in America.

I do not believe that is true at all, to Bitcoin specifically.

The average age of House Republican leadership is 47.
The average age of House Democratic leadership is 76. (old enough to vote for JFK)

Tell me again who is the party of new technologies and innovation?

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December 16, 2016, 07:24:11 PM
 #17


Nope, it's reversed. Conservative policy is more for individual freedom, limited government and free trade as well as the interpretation of the constitution in the original form. Whereas democrats feel the constitution is something that needs to be updated to the current times (while the party's leadership is on average 30 years older than Republican leadership)
Sorry but that is very not true.
Conservatives are against regulation of businesses and government, but they love to regulate people's personal lives.
Such as who you can marry, or what bathroom you can use, or what drugs you can injest etc.
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December 16, 2016, 07:34:29 PM
 #18

I have noticed that many Bitcoin users are quite liberal, and wonder the reason behind that. Conservatives believe in small government, limited tax, less regulations and free markets. Liberal policies would without a doubt hinder Bitcoin growth with intense government regulations and scrutiny.
it's just simply a wrong generalization from you. Firstly if you generalize anything you are reducing the accuracy of the statement. Now to get into meat and potatoes, most people do not care about liberals/conservative when it comes to bitcoin, they only care about gambling. Last time I checked both liberals and conservatives liked to gamble. But, if we are talking about those who dont gamble, then it  still does not matter. Conservatives and Liberals both can enjoy bitcoin without their political stance get in the way.

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December 16, 2016, 07:40:58 PM
 #19

I have noticed that many Bitcoin users are quite liberal, and wonder the reason behind that. Conservatives believe in small government, limited tax, less regulations and free markets. Liberal policies would without a doubt hinder Bitcoin growth with intense government regulations and scrutiny.
it's just simply a wrong generalization from you. Firstly if you generalize anything you are reducing the accuracy of the statement. Now to get into meat and potatoes, most people do not care about liberals/conservative when it comes to bitcoin, they only care about gambling. Last time I checked both liberals and conservatives liked to gamble. But, if we are talking about those who dont gamble, then it  still does not matter. Conservatives and Liberals both can enjoy bitcoin without their political stance get in the way.

Gambling, good point.
Again in the US it's the Conservatives that want to ban it. This is not the party of personal freedom.

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December 16, 2016, 07:56:17 PM
 #20

Why do people always to tag and label everyone, you are who you are and you believe in what you believe  Huh  To suggest that most bitcoiners are liberal without anyway of even knowing that is just ridiculous,  keep your labels to yourself.
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