Bitcoin fans have developed into a political force. Is this the dawn of victory?

[Aliceooo78]

We certainly make noise when we want to. Sometimes however is the wrong kind of noise, as it is much more difficult to convince others if you declare yourself as a maximalist or a fan and simply deny that crypto or bitcoin may actually not be perfect or could be somehow made better.  My view is that we should always be discussing weaknesses, opportunities and improvements rather than chanting and praising. An open political debate is much better than pure propaganda and political influence.

Thank you for your cognition. You said that I did not express a clear point. Rational political debate to promote the promotion and development of Bitcoin is very beneficial. Where there is society, there is society, and where there is society, there is politics. We can't choose to escape. Bitcoin is decentralized, but Bitcoin can't live in its own world. Bitcoin can't be disturbed by external social and political factors. So, come on, I will face you head-on. This news is very positive.

[Sithara007]

Good luck forming a political force when there's some 50 million people worldwide. It will be a bigger failure than all those internet parties or piracy parties. Best you can hope is some Bitcoin lobbyism coming from big companies that now have a skin in the game. Even then it's a big question if they would be able to successfully resist all hostile regulations and how far they would be able to go in defending Bitcoin, or to be more precise their interests in Bitcoin, which are not always the same as community interests.

Forming a separate party never works, as seen from the case of the Pirate Party. There are billions of users in the world who uses torrents and other filesharing apps, but that doesn't mean that all of them would vote for a party which is solely based on filesharing rights. The same goes for cryptocurrency. There may be 40-50 million active users, but there is no guarantee that all of them will support a political party. As you said, the best thing to do is to form a lobbying group and stay away from direct involvement in politics.

[Aliceooo78]

Good luck forming a political force when there's some 50 million people worldwide. It will be a bigger failure than all those internet parties or piracy parties. Best you can hope is some Bitcoin lobbyism coming from big companies that now have a skin in the game. Even then it's a big question if they would be able to successfully resist all hostile regulations and how far they would be able to go in defending Bitcoin, or to be more precise their interests in Bitcoin, which are not always the same as community interests.

Forming a separate party never works, as seen from the case of the Pirate Party. There are billions of users in the world who uses torrents and other filesharing apps, but that doesn't mean that all of them would vote for a party which is solely based on filesharing rights. The same goes for cryptocurrency. There may be 40-50 million active users, but there is no guarantee that all of them will support a political party. As you said, the best thing to do is to form a lobbying group and stay away from direct involvement in politics.

I accept your point of view. Every Bitcoin supporter has his own worldview and values, and has a different way of thinking. One important point is that each of us lives in a political environment because we Unable to leave the country. Each of us has political influence in our hearts. However, perhaps a brand new Bitcoin organization can be realized through the network

[geegaw]

I don’t see the need for such a political force. Cryptocurrencies need to be self-sustainable and independent. It’s good that companies adopt Bitcoin, and let it go on like this for a while, let other companies and governments join as well.

A political force like the one you’ve described would mean centralized control. Eventually, it would be no better than any other country with fiat financial system. Also, how would such a community function? Who would be the leader? And what if the largest investors just gain all the power, opening the doors for corruption and control?

Agree, a political force with such a spontaneous foundation and without a leader for leadership, as long as one piece of the puzzle is separated from the original picture, such a whole political force will fall, perhaps a few bitcoin fans misrepresented this force and pushed these fans into what seems to be an anti-government movement. Do not support such forces appear, once the government sees a political group wants to threaten them, they will surely suppress with force and the harshest commitments.

[Silberman]

Good luck forming a political force when there's some 50 million people worldwide. It will be a bigger failure than all those internet parties or piracy parties. Best you can hope is some Bitcoin lobbyism coming from big companies that now have a skin in the game. Even then it's a big question if they would be able to successfully resist all hostile regulations and how far they would be able to go in defending Bitcoin, or to be more precise their interests in Bitcoin, which are not always the same as community interests.

Not only that, political parties are based on ideologies on how the world should be, and while bitcoin may have been born out of a particular set of of ideals as well it cannot be more pragmatic than what it is, and if to this we add that the majority of the people that have joined this market during the last years know nothing about that ideology and will never care about it then it is a waste of time to try to do something like this.

[dothebeats]

Crypto enthusiasts with political leanings or friends in high places can certainly help, though I'm not sure whether establishing a political party based on cryptocurrencies is necessary. Centralized control is what bitcoin and crypto were supposed to combat, and having a political party based off crypto joining the fray doesn't sound right. We can have lobbyists, politicians, lawmakers, and big names as crypto enthusiasts, and I think the power they wield is enough for our voices to be heard in the political stage.

[Sithara007]

I accept your point of view. Every Bitcoin supporter has his own worldview and values, and has a different way of thinking. One important point is that each of us lives in a political environment because we Unable to leave the country. Each of us has political influence in our hearts. However, perhaps a brand new Bitcoin organization can be realized through the network

The question is whether we need a centralized organization for doing this work. As seen from the example from India, Bitcoin users have been able to exert pressure on the government even without a formal association. And in case we go for organized activism, then there will be backlash from the opposing sectors as well. I would prefer the current status quo, at least until Bitcoin becomes more popular. And organized activism is not necessary to influence politics. Look at what happened to El Salvador. Bitcoin was declared as the legal tender without any organized activity.

[jaysabi]

Bitcoin fans develop into a political force

Bitcoin's current rally is inseparable from the assists of the giants. On August 23, local time, the US payment giant PayPal announced the launch of a cryptocurrency service in the UK. Starting this week, it will allow UK customers to buy, hold and sell digital currencies. This action marks the first international expansion of PayPal's cryptocurrency service outside the United States, and the company first launched this type of service in the United States in October last year.

It's hilarious to see all these bitcoin fanatics hyping bitcoin as the antithesis of centralized payment processors, and the PayPal killer, and then subsequently cheering PayPal's adoption of crypto because it pushes the price higher.  At the end of the day, relatively few people care about the tech.  They just care about the gains, and they don't really care why it happens, as demonstrated perfectly here.

[Ruvi2000sew]

Unfortunately, there is currently no political party in my country that is focused on crypto currency. The election is coming up next month, and I'm not sure which party to vote for. They're all rather similar, making it difficult to select between them if you don't like any of them. I wish there was a progressive political party with a strong focus on technology and cryptocurrency.

[ene1980]

~
Imagine that if Bitcoin forum members (consensus) can form a community organization, will they be able to run for the president of the United States? If you want to be more exaggerated, a virtual sovereign state appears on the Internet. Just like in online games, you can even find a girlfriend, which feels amazing.

Is there any idea about the demographic of this forum, no idea about how many users are active in this forum from the United States, even if you want someone from the cryptocurrency space to run for the president, how many votes do you think he will be able to get  . There are more people that comes to vote during an election than the entire cryptocurrency universe. In the future we might see but not anytime soon.

[Emitdama]

If an organization composed of Bitcoin fans develops into a political force, I think that bringing new vitality and growth space to digital currency is also an important opportunity for the wider application of Bitcoin. I am looking forward to it. I even think this is a historic step. Imagine that if Bitcoin forum members (consensus) can form a community organization, will they be able to run for the president of the United States? If you want to be more exaggerated, a virtual sovereign state appears on the Internet. Just like in online games, you can even find a girlfriend, which feels amazing.

Nope, not a good idea, sorry. First of all read why Satoshi Nakamoto developed bitcoin – it’s a decentralized currency. So, if it’s a decentralized currency, then what’s the need of the same community to form a centralized organization? That means we’re creating a target for the government. It’s best as it is, we have been able to grow like this and we have reached this level we are now without having any centralized organizations or anyone controlling the community, not even Satoshi himself, do why are we going to be needing that now? I understand you, but it’s still not necessary.

[Silberman]

If an organization composed of Bitcoin fans develops into a political force, I think that bringing new vitality and growth space to digital currency is also an important opportunity for the wider application of Bitcoin. I am looking forward to it. I even think this is a historic step. Imagine that if Bitcoin forum members (consensus) can form a community organization, will they be able to run for the president of the United States? If you want to be more exaggerated, a virtual sovereign state appears on the Internet. Just like in online games, you can even find a girlfriend, which feels amazing.

Nope, not a good idea, sorry. First of all read why Satoshi Nakamoto developed bitcoin – it’s a decentralized currency. So, if it’s a decentralized currency, then what’s the need of the same community to form a centralized organization? That means we’re creating a target for the government. It’s best as it is, we have been able to grow like this and we have reached this level we are now without having any centralized organizations or anyone controlling the community, not even Satoshi himself, do why are we going to be needing that now? I understand you, but it’s still not necessary.

This is 100% correct, governments are going to attack every single centralized entity that has anything to do with the market of cryptocurrencies and we know this is true because this is something that we have been seeing for a very long time, we have seen exchanges, miners and every single business that deals with cryptocurrencies been attacked by governments, if a political party was created out of this then it is obvious that it will be attacked immediately, so it is better to let things as they are and do not bother to do something like this.

[Aliceooo78]

Crypto enthusiasts with political leanings or friends in high places can certainly help, though I'm not sure whether establishing a political party based on cryptocurrencies is necessary. Centralized control is what bitcoin and crypto were supposed to combat, and having a political party based off crypto joining the fray doesn't sound right. We can have lobbyists, politicians, lawmakers, and big names as crypto enthusiasts, and I think the power they wield is enough for our voices to be heard in the political stage.

Bitcoin should show its attitude in the political world. No matter what objective attributes Bitcoin has, there is one thing that cannot be avoided. That is, Bitcoin has social attributes, whether it is a tool or other functions. The existence of social attributes tells us that he is inseparable from politics, so it is better to face it head-on.

[Sithara007]

What about the reverse case happening? Rather than Bitcoin "fans" organizing in to a political force, what about some of the established politicians adopting Bitcoin and doing the lobbying on it's behalf? This scenario looks more palatable for me, because we are leaving power at the hands of people who have enough experience. One of the reasons why the Pirate Party failed was that their elected officials failed to do their duties, due to lack of experience. And we had a few politicians such as Nayib Bukele of El Salvador supporting Bitcoin.

[Darker45]

It is not hard to notice that there has indeed developed a sort of a cultish mindset among Bitcoin supporters which seem to hail Bitcoin as some kind of a silver bullet that gives solutions to all social, political, and economic ills of the society. I couldn't help but notice that other people seem to treat Bitcoin as infallible, that people couldn't go wrong with Bitcoin, and so on. I am a strong fan of Bitcoin but I wouldn't go as far as hoping that a certain cohesive Bitcoin group would end up as a political party or even a religion. That's crossing the line.

[Kiley33]

If everyone supports it, it means that this is good news. It can promote the development of Bitcoin.
But we don’t know whether they completely trust and believe in Bitcoin. If there is no conflict of interest, Bitcoin will always be supported.

[oHnK]

It is not hard to notice that there has indeed developed a sort of a cultish mindset among Bitcoin supporters which seem to hail Bitcoin as some kind of a silver bullet that gives solutions to all social, political, and economic ills of the society. I couldn't help but notice that other people seem to treat Bitcoin as infallible, that people couldn't go wrong with Bitcoin, and so on. I am a strong fan of Bitcoin but I wouldn't go as far as hoping that a certain cohesive Bitcoin group would end up as a political party or even a religion. That's crossing the line.

The opportunity to use BTC in politics does exist but this is only a form of resistance and the existence of groups who hate the centralized system and admire the innovation it has.  It is economically difficult to penetrate because each country fortifies itself for fear that it will no longer be a regulator.  This is something the king should pay attention to.

[beerlover]

Thankfully my nation does not see crypto as a bad thing, no party sees it as a bad thing, and that is a big big help for me. I mean it gives us the chance to build a bunch of crypto related companies and have a lot of miners and exchanges and many other thing and you do not pay too much taxes neither, you pay income tax from it but that's about it, so if you have 1k dollars and invest and make 1k more on top of that, instead of your 2k, you pay income tax from that 1k alone and that is 150 bucks, so you still are in big profit.

I still dislike certain parties and all but that is for a whole another reason, there is nothing wrong with any party in my nation when it comes to crypto and they all support it because it means more taxes for the government and they love it.

[Shenzou]

There is no need for some kind of organization or political force to take in charge, we don't need a central force that is gonna say what do we want and not want, because it can't represent the majority of the bitcoin users, because bitcoin is decentralized and that is the it should be, because one you have someone who represents it it turns to fiat that is represented by the government. and that is why bitcoin is free and should stay that way.

[Darker45]

It is not hard to notice that there has indeed developed a sort of a cultish mindset among Bitcoin supporters which seem to hail Bitcoin as some kind of a silver bullet that gives solutions to all social, political, and economic ills of the society. I couldn't help but notice that other people seem to treat Bitcoin as infallible, that people couldn't go wrong with Bitcoin, and so on. I am a strong fan of Bitcoin but I wouldn't go as far as hoping that a certain cohesive Bitcoin group would end up as a political party or even a religion. That's crossing the line.

The opportunity to use BTC in politics does exist but this is only a form of resistance and the existence of groups who hate the centralized system and admire the innovation it has.  It is economically difficult to penetrate because each country fortifies itself for fear that it will no longer be a regulator.  This is something the king should pay attention to.

The problem with politics is that it makes people close-minded. People belonging to a certain political group would think others are either with them or against them. Politicians would tend to stick to their party or group's stand however foolish it may be, and the other party's stand would always be wrong no matter what. There's no more objectivity in dealing with issues. Having said this, I think Bitcoin would only fall into the gutter if the community forms into a political group of some kind.