Crypto and politics

[aylabadia05]

Since many cryptocurrencies are traceable why is some politicians in house of rep so against this? Lack of trust? Battle for the supporting part? Or simple hatred for cryptocurrencies?

Do you think crypto should be used this way or it's wrong?

Because they are aware that if they use non-fiat currency, their transactions can be tracked. Only greedy people with evil intentions and goals don't want all their actions to be known.
In political activities, the source of funding or donations is unclear.
Who are the evil politicians who want their financial activities to be known because the source of their funds comes from the taxes of the small people who have elected them. They will appear as super heroes before they are made, when they are made they turn into enemies in the super hero film story.

[Youngrebel]

Because they are aware that if they use non-fiat currency, their transactions can be tracked. Only greedy people with evil intentions and goals don't want all their actions to be known.
In political activities, the source of funding or donations is unclear.
Who are the evil politicians who want their financial activities to be known because the source of their funds comes from the taxes of the small people who have elected them. They will appear as super heroes before they are made, when they are made they turn into enemies in the super hero film story.

your point about politics is very valid and in so many countries, lack of transparency in campaign funding and public spending creates room for corruption. When politicians hide where money comes from, or how it’s used it weakens trust and makes it harder for citizens to hold them accountable. Once some leaders get into office, personal interests, pressure from elites, or lack of strong institutions can change their behavior. It is less about every politician being evil, and more about systems that allow bad behavior to go unchecked. So the real issue is not actually just fiat vs non but it is balance.

[summonerrk]

Do you think that cryptocurrencies political donations is a bad idea? Why do you think so?

Since many cryptocurrencies are traceable why is some politicians in house of rep so against this? Lack of trust? Battle for the supporting part? Or simple hatred for cryptocurrencies?

Do you think crypto should be used this way or it's wrong?

Yes, I would suggest cryptocurrencies for absolutely all kinds of donations, and not only political, but also economic and financial donations, and even, perhaps, donations for temples. After all, in the country where I live, even these donations are often used to steal them. This is because only blockchain can provide an honest record of all the expenses that have been made, and everyone can see them without any special software, including their own donations.
Therefore, this is a method that should be widely implemented in the future. It could potentially lead to a war against corruption in all countries. but governments won't allow it.