Money Is Political, Not Technical

[djgtr]

But somehow it can be both but most of the time it is due to political reasons and that's why a lot of people are suffering because of their selfishness that leads them to become a greedy person. How on earth did they manage to eat or sleep like that when everyone is suffering?

In my opinion money is political because they are keep canvassing you to get what is wants rather than needs. It will be take as technical in terms of decision making what to do and how to use kinda formulating and analyzing what is good and better one. Miney can lead to evil side if you don't know how to think of it how gonna use.

[breathlessz]

Fiat money is also not backed up by anything. The only really valuable means of payment has always been, is and will be precious metals. I absolutely agree with you that politics is a business that is conducted in many directions. Ordinary people see a different picture of what is happening in politics through the media. But it's not really like that.

politics plays its role, where ultimate goal is money, and politics can direct currency to go where. and i think precious metals are a little affected by politics, they are running because they already have trust from all over the world

[Juliedarwin]

Money is powerful whenever on how do we use it. Specially when we see money as a politics. When money turns into as a politicians we never know what value it is turns into a gold.

[ronafurw]

The "political" aspect of money is a long term idea, if you are going to day trade the political stance of money is not really that important except few days when there are crisis between countries.

If you are a day trader you use the technical indicators to learn when to get in and when to get out, that is your job to know those technical stuff and read them well understand them well enough to move accordingly. Political part of money only comes in when the long term affects of political movements affect the money, there are days when a president of one country has a feud with another country's president however those are very few and rare in between so you can't bet your money on figuring out who will have a fight with who.

I would say do your daily trades according to technical aspect and do your investments on political aspect of money.

[bayu7adi]

as long as people still think money is something that must be owned and even assume that their ultimate goal is money, then here is the opportunity of the global elite in monopolizing all public characters through the media of money
for small people, bitcoin is a decentralized asset, but for large people they can make bitcoin centralized according to their own version, and also included in politics

[yitzjoe]

politics and different levels of interest in each country to make the value of their own money by giving a lot of certain factors that make the value of the money different from one country to another. but money will indeed relate to politicians as well as central banks, so they doubt and fear when a decentralized blockchain appears that values something globally or is formed from market value by users

[Enzos]

This is true. This is a fact that cannot be changed in the short term. But this does not mean the future. Every age has great people to change humanity. The formation of future blockchains will make them disappear. Money is definitely technical, not politician. It is because of the rights of politicians that cryptocurrencies are growing rapidly. People need real freedom instead of being deceived.

[slaman29]

This is true. This is a fact that cannot be changed in the short term. But this does not mean the future. Every age has great people to change humanity. The formation of future blockchains will make them disappear. Money is definitely technical, not politician. It is because of the rights of politicians that cryptocurrencies are growing rapidly. People need real freedom instead of being deceived.

At the opposite end, every age has great people to do crap things. This will always be true regardless of the technology, and look I'm a big fan of blockchain tech, I love it so much I think about it every day and talk with people who want to so much about it. But we shouldn't be blinded and think this is the amazing saviour of everything. In the end this is just money, that is all. This isn't education. This isn't literacy. Not a cure to cancer.

But it is power. And politics is all about power. No power? Buy it.

[cc80aa]

   Money it considered as political carrier due to the political mandate the voted through the council and hat propose by the president. although political is concerned money is a big duty for the society and country to balance the economy.

[Tetutu]

Money is powerful whenever on how do we use it. Specially when we see money as a politics. When money turns into as a politicians we never know what value it is turns into a gold.

That's right, changes in policies concerning currencies are more influenced by political factors than technical factors, because the impact is more valued on political policies that can bring about public change. For example, a president takes policy, political factors must be the biggest consideration.

[hiameneven]

  Money it considered as political carrier due to the political mandate the voted through the council and hat propose by the president. although political is concerned money is a big duty for the society and country to balance the economy.

Do you really think this isn’t the game about power and money? What else is politics then? Definitely people are greed of money and power and it always attract everybody, at any scale.

[fasdorcas]

Fiat money is also not backed up by anything. The only really valuable means of payment has always been, is and will be precious metals. I absolutely agree with you that politics is a business that is conducted in many directions. Ordinary people see a different picture of what is happening in politics through the media. But it's not really like that.

I still do not understand why the sudden moves in countries happen while it is obvious it has been cooking for a long time. I mean we can see many countries going very low and very badly for a long time before they fall of a cliff. Politics have a big part in this, if you are run by a president that declines to get off and runs the country for decades until he dies or something than there is a big chance people are not investing in your country with the fear that you may actually do something crazy that a dictator would do and get their money or something.

The economy goes bad for days, weeks, months and years and everyone clear as a day see that it is going horrible and one day BAM! the market collapses and noone is shocked about it neither. Why does that happen if we have known it for years?

[criza]

I firmly believe that money really is political and not technical. Cne to rhink of it, the technical aspects of money such as its value is not limited only to the number printed on that, it is more of a political in a sense that it involves government, science, and arts (style). Money on its technical aspect can only be seen on its simplest and most plane use. But because money is political, its function deepens and its scope widens. Money due to its political nature, it is then regularized by the government. Money also needs a style in management. And money is not only used in daily living but as a political carrier of power, change, and control.
                                          

[BobK71]

Policies are formulated to not only to impart strength to the currency but to attract other people to invest in their currency. In developing countries, these policies are also used to keep a check on inflation and unemployment however an introduction of a system that could give a hard time to the policies.

So politics and policies are very in to keep the system of money feasible. In addition, technical analysis is also taken into account at times of formulating the policies.

Yes and no.  Many policies have the effect of strengthening the state-issued money, yes.  For example, the gold standard, where paper pounds could always be redeemed for gold from the Bank of England at a fixed rate, helped maintain confidence in the paper money issued by the British Empire during its best days.  Britain even had a law in mid-19th century that banned the printing of too much paper money relative to its gold reserves.

But on the eve of World War I, Britain had printed so much paper money, officially backed by gold, over the previous 100 years, that it only had enough gold to redeem 3% of the paper money.  By whatever means, all the safeguards had been defeated.  It must have been clear, by that point, that the real purpose of the safeguards was to provide artificial confidence, so the elites could keep printing money to benefit themselves.

Under the American empire since the 20th century, this trend has only become worse.

[biskitop]

I agree with you this time that money is politics. How come? that is because the world bank is lending money to countries for political activities which sometimes can cause extreme conflict, and after that the state must pay the debt or hyperinflation will occur if it cannot pay.

[Spaffin]

Of course, money is not only the economy, but also politics to a large extent. Who owns cash flows, and in fact the real power in the state. It has always been this way, it continues like this now. After all, people are not only striving for power in order to get only power. Power in the state is the distribution of taxes collected, the distribution of money. Therefore, politics, power and money are inseparable.

[MMS2017]

this is said because the political controlled the countries governments and when a country government allow crypto then it is a good and for every one money is the need, Many bitcoin friendly countries are favor bitcoin because it is useful to every one not for specific people but advantage for every one.

[nur rochid]

this is said because the political controlled the countries governments and when a country government allow crypto then it is a good and for every one money is the need, Many bitcoin friendly countries are favor bitcoin because it is useful to every one not for specific people but advantage for every one.

technical only makes it easier for us to analyze it, but actors in market movements are influenced by politics, as you explain. of course government policy determines market movements

[llyfee4u]

Spot on.  The technical aspect of money goes as far as its value in terms of its buying power or worth but of course there is so much more to it than that.  In simplistic view, yes each piece of paper money is worth what is written on it however I fully accept and believe the concept also that money is so much more about politics because of the influence that comes with it.   Money requires manipulation, regulation, control and government, all controlled by politics.

[PlusOne88]

Money is political because it is based on a nation's economy it is relates to governance. It is different from country to country and therefore needs to be balanced. Ones economy is quite different from the other which would mean so much adjustments. While there are corrupt individuals who manages things for their comfort yet I do not believe they are trying to make unemployment unstable for their own good, but I do believe that everything is on their favor like giving low salaries. They can have more profit or gain with people serving them which I believe is opposite of what you are saying. In my locality too many of this rich individual lay down in bed waiting for money to come while the rest are really digging up for their golds doing the hard work and earning less in return. Most of the poor dig deep as if digging graves because they have to work very hard to earn money not even considering how stressful their life is and how health damaging are the long hours of overtime they will do always. While they of course, enjoy the golds that the poor gathered for them. Money do not actually decides on everything it is just a tool, it is how people decides on it and how each would want to live their lives.