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Author Topic: Bitcoin fans have developed into a political force. Is this the dawn of victory?  (Read 361 times)
cabron
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September 02, 2021, 02:17:53 AM
 #41

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.

There are groups trying to become a party, Look at Elon.

You don't need a political party anymore because there are already politicians supporting Bitcoin. You can see how they are protecting our privacy when a bill is supposedly passed to the senate, it was objected to by some senators. When countries like are now considering Bitcoin to be legal tender, it's already winning.

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September 02, 2021, 06:58:04 PM
 #42

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 opportunity is there but I do not think it is necessary to create a political party as it is a centralized point of failure, it is better to let institutional investors take the lead on this as they are the ones that have the contacts with powerful politicians already that can alter any laws that could be too strict with bitcoin and instead make them into something that is not as bad as it could be if politicians were left to their own devises, so bitcoin in politics will be a thing just not in the way we may think.
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September 02, 2021, 07:11:30 PM
 #43

We do not need an organization or institution for Bitcoin lovers, we need to spread the culture of Bitcoin in society more, we need to be aware of the importance of Bitcoin and its important role in the technical age in which we live, there is a risk that this organization will turn into a new central authority that controls Bitcoin and eliminates The goal for which bitcoin was created, governments will sooner or later realize the importance of bitcoin and will be forced to accept bitcoin or at least set regulations.

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September 02, 2021, 08:18:00 PM
 #44

Indeed.

I think that people are finally starting to realise the fragility of the fiat ecosystem and unreservedly jumping ship to bitcoin, which is definitely great news.

However, there is still ways to go before we can safely say that there has been mass adoption for bitcoin. Institutions have still a lot of progress to make when it comes to adopting bitcoin into their product models, and we're only seeing starting to see that now with Twitter and others integrating BTC as a payment option.

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September 05, 2021, 06:09:03 PM
 #45

We do not need an organization or institution for Bitcoin lovers, we need to spread the culture of Bitcoin in society more, we need to be aware of the importance of Bitcoin and its important role in the technical age in which we live, there is a risk that this organization will turn into a new central authority that controls Bitcoin and eliminates The goal for which bitcoin was created, governments will sooner or later realize the importance of bitcoin and will be forced to accept bitcoin or at least set regulations.
Besides this kind of thinking goes against the principles of bitcoin, this is a kind of top to bottom view in which a few powerful individuals take decisions that affect the rest and this can easily mean that they are going to try to change the law and even bitcoin against the wishes and desires of the rest of the users, we need a bottom to top view in which the majority are the ones that decide what is to be done, which is by the way the way bitcoin has been surviving and thriving until now.
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