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Author Topic: Politicians enthusiasts of cryptocurrencies: you trust?  (Read 216 times)
ruykeri
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Today at 11:42:57 AM
 #21

Politicians never want people's financial freedom. They always want to control everything about financially, politically and through strict rules and regulations in the country. And what political persons actually show or promise to people, has no basis in reality. Powerful politicians of many countries have spoken positively about Bitcoin, but they have never accepted Bitcoin as legal. If they take such steps, then it will be harmful for them too. As They will not be able to control Bitcoin like fiat currency. They can increase their wealth by printing money whenever they want. But this is not possible with Bitcoin. Maybe to gain temporary popularity with the people of the country, political persons sometimes talk positively about Bitcoin or cryptocurrency, but in reality is different . The government of a country always deceives the people. They fool people with false assurances, but in reality they themselves are corrupting, weakening people  security, privacy, and taking away people from freedom.

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Today at 12:16:10 PM
 #22

Has increased the number of politicians that appear speaking well of Bitcoin and cryptocurrencies. Some even buy, post prints and declare themselves in favor of the financial freedom. The doubt is, is this real conviction or only a way of promote themselves and gain support of part of the electorate?

Is worth trust in politician that says himself adept of the cryptocurrencies or is better distrust?

In the end, will they do what they always do and end up disappointing?

I think, some of them are into cryptocurrency investment nowadays, which is why they publicly shared it in different platforms? But when it comes to politicians, I don’t easily trust them because we’re all aware of what some politicians are good at. They’re good at public speaking, to the point that they can easily gain your favor and get you to side with them. Aside from that, I know some of the tactics people use, particularly those who work in the government. majority in a politicians are corrupt, thats the reality,  so why would they share something about crypto with others? weird. It seems like they might be working on something related to cryptocurrency, and maybe they’re even behind those thing...Or maybe I’m just overthinking it.

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Alvin_talk
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Today at 12:18:50 PM
 #23

Is worth trust in politician that says himself adept of the cryptocurrencies or is better distrust?

In the end, will they do what they always do and end up disappointing?
Who are politicians by the way? They are representatives who run the government. The same government that supports policies that expands financial surveillance through AML/KYC requirements. Therefore, I perceive it as hypocrisy to see these same politicians that literally runs this government claim to support or promote crypto (bitcoin). Even if they genuinely support other crypto project, I don't see politicians fully endorsing bitcoin because it will possibly disclose all their dubious activities (because all transaction are visible on the blockchain) and transparency is what most government of the world today can't boost of.

I believe there are two different things; support for bitcoin investment and support for bitcoin ideals. Yeah, some politicians will definitely invest in bitcoin because they believe they can make profit out of it but they don't truly care about decentralisation or whatever we believe. As per other shitcoins/memcoins and tokens, they just use it to scam and enrich themselves. I mean, look at $TRUMP today, a scamy project that went from an ATH of 75 dollar to a plummeted value of 1.65 dollar. It just proves that politicians only endorse crypto for shady reasons.

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Today at 01:19:54 PM
 #24

I don't know any politician in my country who actually speaks positively of Bitcoin.


Yes and that is because most government don't support bitcoin as a result of bitcoin and financial freedom. Government benefit from fiat regulation. They don't support bitcoin and that is why officials of government would not come out publicly to speak positive about bitcoin but that doesn't mean they don't personally believe in bitcoin as asset for investment. They do and also invest in it, just like the link I dropped in the comment I made above.


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Ryu_Ar1
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Today at 01:25:55 PM
 #25

Don't trust anyone seems to always be right when talking about the assets we have including the movements that occur in the market because now more and more people know bitcoin then the more influencers or influential people who try to find their personal gain including politicians who try to make this as a stepping stone for them.

From the election case some time ago about Trump and some other examples of cases like Saylor though we should be aware that these people have personal interests and make bitcoin as a stepping stone.
Regardless of them posting anything just to make their exposure increase especially when someone who has power behind them and has followers is in bitcoin then certainly there will be a lot of notice so we should not fully believe in things like this because this will always be a template every year for those who want exposure when their popularity is slowly declining.

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Today at 01:30:43 PM
 #26

Has increased the number of politicians that appear speaking well of Bitcoin and cryptocurrencies. Some even buy, post prints and declare themselves in favor of the financial freedom. The doubt is, is this real conviction or only a way of promote themselves and gain support of part of the electorate?

Is worth trust in politician that says himself adept of the cryptocurrencies or is better distrust?

In the end, will they do what they always do and end up disappointing?
This is only the same to those politicians that make sures that everything they do like if they give financial and food assistance, socialized in poorer places, etc... always has a snap when the election time is getting close, only to try and get the sympathy of the public or many poor people. If they are genuine, then there is no need for proof anymore.

We already learned our lesson with Trump. He clearly just use Bitcoin to gain access to meme coins later on. So whenever there is another candidate that is like highlighting a crypto, we only need to focus on those that we really want to sit in the specific government positions, to ensure they can do their duty well and also not to have a bad impact on the crypto market.

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Today at 01:31:15 PM
 #27

No, I do not trust any politicians who show their entusiasm towards Bitcoin.  Politicians love to play with the emotion of people.  They always have their script to please the audience, especially when the election is just around the corner.

There are lots of politicians who give support to Bitcoin and lay out good plans about Bitcoin adoption and infrastructures and yet most of these promises and plans just vaporize into thin air.

So I never take whatever these politicians say seriously.
Marvelockg
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Today at 01:46:35 PM
 #28

Is worth trust in politician that says himself adept of the cryptocurrencies or is better distrust?

In the end, will they do what they always do and end up disappointing?

Politicians are always politicians and until they prove otherwise every promise that they give is just mere promise that should not be trusted. Trump is a perfect example. with all the positive things that he said about bitcoin that made most forum members support him for presidency, at his emergence, he almost forgot those things.

Bitcoin has always done well with or without the intervention of the political elite. there statement are just to their own gain based off the population of crypto users that they can get to by being positive about bitcoin and crypto. until they give me a reason to believe that they can be trusted, no political affiliation with bitcoin makes bitcoin any better.

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Today at 01:56:26 PM
 #29

Has increased the number of politicians that appear speaking well of Bitcoin and cryptocurrencies. Some even buy, post prints and declare themselves in favor of the financial freedom. The doubt is, is this real conviction or only a way of promote themselves and gain support of part of the electorate?

Is worth trust in politician that says himself adept of the cryptocurrencies or is better distrust?

In the end, will they do what they always do and end up disappointing?


It's not actually the politician that you should trust. But trust the human need to be incentivized, just like all of us, the mere PLEBS of BitcoinTalk.

If a politician has invested in Bitcoin, then he will feel that he needs to be incentivized. Therefore, if he/she knows that his/her actions will cause a surge in ots price/market value, THEN be confident that he will do such things.

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