I think bitcoin should not be politicized

[philipma1957]

I am referring to Trump in the topic title that bitcoin should not be politicized.

I have just watched a discouraging news not quite long, the news was about bitcoin price that is crashing.

The first thing that I did not like about the news is that they said bitcoin price is falling because of geolocation political tension like United States and Iran tension.

The second thing in the news is that people thought bitcoin is a digital gold but it is doing the opposite. Have they forgotten when war started between Russia and Ukraine that bitcoin price fall a little but increased back very fast the same day. Bitcoin was less than $25000 at that time. Bitcoin still follow the 4 year cycle but people are falling to understand and they are telling people bullshit on the news.

If we are in bull market, do they think what is happening between United States and Iran will be the reason bitcoin will fall like this.

This is how people also thought bitcoin fell during COVID 19 which some people are still saying till today.

When would be the time they will realize bitcoin is not like this and that bitcoin is a store of value. Maybe they will know by 2028 but I know people, some of them will still not understand but carry fake news about.

The ship has sailed right wing conservative America on the Maga bandwagon are pro BTC and other crypto.

Worse is if and when Trump turns on it BTC will have zero USA support or close to zero USA support.

[Mame89]

This cannot be avoided to be honest, as long as governments and political figures like Donald Trump talks about Bitcoin, and even regulate it, and even stylishly use it as part of their campaign narrative, politics will always be in the conversation..
The government always find a way of taking control over things, it just how the world runs at the moment..

Bitcoin shouldn't be politicized because it was designed as a neutral currency, uncontrollable by anyone. In fact, this has been one of its main strengths, as it's free from political interference or centralized power. But the reality is, we can't deny that the ruling elite or political elite will always want to interfere and even control it. We can take the example of the Trump family involvement in crypto companies like American Bitcoin and the crypto industry. This has all become a major political issue, from campaigning to donations to regulation.

So, sometimes Bitcoin appears to be a political tool even though its original philosophy is anti-political centralization. It's the same as money which should be neutral, is now being politicized by political elites. So it's no surprise that it now seems as if Bitcoin is controlled, even though it can't be controlled it's only politicized.

[gracreavix]

Should we call it a propaganda or what? Definitely the news is just carrying in it what they want to be happening about and around Bitcoin. They want to have control over a decentralized finance. Should that happens then Bitcoin will lose its value and become manipulative. But I believe that is just a wish not really the reality because if that's true, then other falls would be as a result of one thing or another which means decentralized finance is a just a joke.

News platform will always form stories in a way that will be grabbing attention, especially when politics is involved. But that does not mean they have control over Bitcoin. Bitcoin does not have a single boss at the top that any government or media house can command.

If the price reacts to political tension, it does not mean the network is being controlled. It is just normal market behavior. People get afraid, so the price moves. The same thing happens to gold, stocks, and oil too.

[bangjoe]

Something very bad happens when everything is politicized, bitcoin should remain in a neutral account, it should not be used as a political tool for someone to take advantage of it, moreover it is just a promise and it turns out they didn't do that with bitcoin, what was conveyed in the campaign was just a nonsense promise without proof of implementation after he was elected, it's really sad.

[EFS]

The title and the content don't really match. Bitcoin has always been a part of politics and that's completely natural. Let's make that distinction first and then talk about the content.

US foreign policy alone is not powerful enough to determine Bitcoin's price by itself. Bitcoin is affected by many events around the world. Sometimes it reacts instantly to news, but the overall trend isn't influenced that much.
If a war start tomorrow, should Bitcoin go down or go up? Ask yourself that and compare it with the price movements. That way, you can better understand the manipulation behind it.

[Alpen]

I am referring to Trump in the topic title that bitcoin should not be politicized.

I have just watched a discouraging news not quite long, the news was about bitcoin price that is crashing.

The first thing that I did not like about the news is that they said bitcoin price is falling because of geolocation political tension like United States and Iran tension.

The second thing in the news is that people thought bitcoin is a digital gold but it is doing the opposite. Have they forgotten when war started between Russia and Ukraine that bitcoin price fall a little but increased back very fast the same day. Bitcoin was less than $25000 at that time. Bitcoin still follow the 4 year cycle but people are falling to understand and they are telling people bullshit on the news.

If we are in bull market, do they think what is happening between United States and Iran will be the reason bitcoin will fall like this.

This is how people also thought bitcoin fell during COVID 19 which some people are still saying till today.

When would be the time they will realize bitcoin is not like this and that bitcoin is a store of value. Maybe they will know by 2028 but I know people, some of them will still not understand but carry fake news about.

Dude, I’m looking at the Cryptomus exchange right now, and there’s your answer. See that massive red candle on the Bitcoin chart? That was the market reacting to the first Israeli bombs hitting Iran an hour ago. The first, but certainly not the last.

The price of Bitcoin, just like any other asset, discounts everything—especially politics. As of today, we’ve entered uncharted territory. That said, I’m still looking to buy the dip below $60K; I’ve explained my reasoning in previous posts many times

[fuguebtc]

So it's no surprise that it now seems as if Bitcoin is controlled, even though it can't be controlled it's only politicized.

Bitcoin remains a neutral, decentralized currency, it is not controlled by any single entity and is not politicized. To date, the Bitcoin network remain very stable, transparent and censorshipresistant despite all external pressure. It still maintains the same core values ​​just like in the early days. How can you say that it has been politicized or controlled?

If you are talking about the price of Bitcoin, it was never inherently decentralized in the first place. Prices are always driven by supply and demand, market sentiment and cash flow, and have been manipulated by large investors and big players from the very beginning. Manipulating or controlling the price of Bitcoin is nothing new

[suhadi88]

Something very bad happens when everything is politicized, bitcoin should remain in a neutral account, it should not be used as a political tool for someone to take advantage of it, moreover it is just a promise and it turns out they didn't do that with bitcoin, what was conveyed in the campaign was just a nonsense promise without proof of implementation after he was elected, it's really sad.

The current situation is tensely unfavorable for market players; the impact of ambition has caused many negative things to happen. The market reacted very quickly, but I'm not sure whether the current conditions will shift attention back to volatile assets like BTC, and now gold and oil will become the main focus again. It seems the situation indicates a price shock, but I believe the liquidation event, although not necessarily a sudden collapse, is more about duration.

[YOSHIE]

I think bitcoin should not be politicized

But that's how they can control the Bitcoin market, if Bitcoin is not politicized they can't do anything about Bitcoin, a lot of effort and effort they have done on Bitcoin but to no avail, by being politicized they can at least manipulate the Bitcoin market temporarily, that's my speculation.

We know Bitcoin does not want to submit to anyone including the government, politicians, mafia and so on, Bitcoin runs according to the rhythm of the market, politicization is the only way to bully Bitcoin users, in fact it has no effect, but it seems as if it is made by those who control it all, even though that is nonsense.

[JiiBs]

This is just like saying that money should not be politicized. How will that be possible when we know that politics and power goes with money. I just have to correct the literary interpretation of your caption.

As much as I would agree with this, I think there is a clear distinction between them both given that, Bitcoin isn’t bounded by a geological location as opposed to fiat money. The tensions between few nations wouldn’t significantly contribute to dumping of Bitcoin not unless it occurs within its circle. Perhaps we are of the initiative that, the market has being flooded with more coins than there are available buyers due to the growing tension, is that it?

The lots of nations of the world, what’s their contribution to this? Nations that are not at war and there isn’t a growing tension? Or perhaps their impact are of no significance to the Bitcoin market?

I really do think it’s got much to do with the Bitcoin cycle rather than the tensions between nations which would mean, the politics on a global scale.

[STT]

If we agreed on this idea its logical to also forgo any gains that might have come from the positive association since Trump was feasibly thought to be winning the election.
   I think its possible to do, I remember the 2024 August sharp sell that recovered just as fast so from around there, if its possible to form some kind of trend and estimate a correct price for today that excludes the political influence.
  It would be a very rough estimate but worth a look I tend to agree.  BTC gains occur globally not only one system of politics, I do think its about the people far more with regard to very long term gains.

[Swordsoffreedom]

This is just like saying that money should not be politicized. How will that be possible when we know that politics and power goes with money. I just have to correct the literary interpretation of your caption.

As much as I would agree with this, I think there is a clear distinction between them both given that, Bitcoin isn’t bounded by a geological location as opposed to fiat money.

I think you are confusing money with currency. They are not the same, and what he is talking about is the connection between money and politics

Although Bitcoin is a decentralized currency, its value is shaped by cash flow, market sentiment, and macroeconomic factors. Meanwhile, those factors are highly dependent on and influenced by politics. Therefore, it is not surprising that bitcoin is also not immune to political influence despite being a decentralized currency

Decentralization does not mean that bitcoin will be completely detached from the global economy and financial system. After all, it is only a small part of this system.

[EluguHcman]

I have just watched a discouraging news not quite long, the news was about bitcoin price that is crashing.

If you are an experience enthusiast in the networks there is no news that should be discouraging to you because Bitcoin has long been mocked, criticized and misunderstood by many.
The negative news you read or hear about Bitcoin now did not just start and that is just how it Speculation is bound to be.

Perhaps everyone must not use it and everyone must not talk good about it.
There is literally why it is a psychological driving market and everyone is bound to make their decisions with the risks at their own courts.

[zeuner]

This is just like saying that money should not be politicized. How will that be possible when we know that politics and power goes with money. I just have to correct the literary interpretation of your caption.

Well, some will argue that there is something specific about Bitcoin (see e.g. "The Politics of Bitcoin: Software as Right-Wing Extremism" - David Golumbia).

[goldkingcoiner]

I am referring to Trump in the topic title that bitcoin should not be politicized.

I have just watched a discouraging news not quite long, the news was about bitcoin price that is crashing.

The first thing that I did not like about the news is that they said bitcoin price is falling because of geolocation political tension like United States and Iran tension.

The second thing in the news is that people thought bitcoin is a digital gold but it is doing the opposite. Have they forgotten when war started between Russia and Ukraine that bitcoin price fall a little but increased back very fast the same day. Bitcoin was less than $25000 at that time. Bitcoin still follow the 4 year cycle but people are falling to understand and they are telling people bullshit on the news.

If we are in bull market, do they think what is happening between United States and Iran will be the reason bitcoin will fall like this.

This is how people also thought bitcoin fell during COVID 19 which some people are still saying till today.

When would be the time they will realize bitcoin is not like this and that bitcoin is a store of value. Maybe they will know by 2028 but I know people, some of them will still not understand but carry fake news about.

Everything that can be politicized will be politicized. It is just part of human nature, and it is not the domain of Bitcoin or any other cryptocurrency. We can only expect what is to be expected instead of demanding things change their nature.

Every bear market is an opportunity and every bull market is a blessing.

Don't get too emotional over any of it, is what I would advise.

[AVE5]

I am referring to Trump in the topic title that bitcoin should not be politicized.

Logically governments has the potential influence to navigate through any protocol as long as it's a human influential project and  price is being being speculated, geopolitical events such as war, pandemic and economical states are bound to manipulate its price but doesn't mean it's politically governed in that process.
Bitcoin is being politicized and speculated with the cost of individuals possessions according to speculation implications.
With your fingers on Donald Trump, don't forget his possession in the global economy and global politics at large is so also influential to cause market economy manipulation which directly affects bitcoin price.
So he's such a big fish that his influence can also affect Bitcoin price but note that he can't personalize bitcoin to his custody like other regulating assets due to the decentralized protocol being un regulate able.

[LogitechMouse]

I am referring to Trump in the topic title that bitcoin should not be politicized.

I have just watched a discouraging news not quite long, the news was about bitcoin price that is crashing.

The first thing that I did not like about the news is that they said bitcoin price is falling because of geolocation political tension like United States and Iran tension.
---

From my perspective, Bitcoin isn't politicized. It's just that, the sentiment of the investors change as soon as they see geopolitical news like wars like this, or anything that's related to tariffs... or let's just simply say that anything that Trump is saying or doing is affecting the market.

Trump's words can change the sentiments of the investors. I always believe that the market is heavily dictated by the sentiment of the investors, and for them, a war like this is a negative for them that's why the sentiment will change, and they will be panicking hence, price will fall. There might be times though where Trump is trying to manipulate the market just like what he did with $TRUMP a few months ago where he said that it's a good token to buy and after that, the price of it jumped for a moment before it goes down yet again.

Unfortunately, this is the place where we are living right now. We are investing in a market where it's so fragile that a president like Trump can indirectly manipulate the market in any way he wants to. If you're into crypto then you'll get used to it like others here. That's for sure. The best thing that we can do now is to adjust to it.

[Lida93]

This is just like saying that money should not be politicized. How will that be possible when we know that politics and power goes with money. I just have to correct the literary interpretation of your caption.

However, I don't feel quite feel comfortable when everything that happens in global politics affects the price of bitcoin. I refuse to accept that the bear dominance happening in the market now have any connection to any jargon from the MSN, it is just the bitcoin cycle unfolding when we least expected.

A lot of people still don't understand that the political structure controls the economical which has to do with how money circulates and it's valued. There's no how bitcoin couldn't be influenced by the politics of the day across the globe despite it's decentralised feature and that's because it has to do with finance.

However, whether you agree to it or not, it's the reality of the dimension between politics and bitcoin. Investors reactions are narrowed towards certain political policies and that's why a powerful political figure as Trump by his position could make a statement and have the global economy reacting to it.

[Accardo]

With your fingers on Donald Trump, don't forget his possession in the global economy and global politics at large is so also influential to cause market economy manipulation which directly affects bitcoin price.
So he's such a big fish that his influence can also affect Bitcoin price but note that he can't personalize bitcoin to his custody like other regulating assets due to the decentralized protocol being un regulate able.

The Trump administration have multiple agendas to reach out to, the type of agendas that is powerful to cause a negative trend on bitcoin, the tarrif for instance has caused some negative effects on Bitcoin, top whales would have to sell to tackle the additional fee required to ship goods to the USA. It's something to be bothered about, but not for Bitcoin. It'll definitely grow above the threats found around it, and soar, the right thing to do is focus on buying while the rate is low for the next bull run.