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Topic: Even the Politicians have secret investment in Bitcoin - page 2. (Read 2811 times)

full member
Activity: 462
Merit: 100
I think it's not a new to report or it's not a new article to make an issues. I think some politicians have their own issues from side to side issues from investment. And Some of them are wanted to make have a secret investment in bitcoin because they want to protect their own self into a public appearance.
sr. member
Activity: 1092
Merit: 271
It's great that politicians have an investment in cryptocurrency, because it can be a great help in the development of this technology, as these people have a personal interest in it.

Yeah it can be great though somehow we never know if the money was came from their own pocket or from ours. Looking deeply, politicians can hide their money through investing in crypto currently since it's anonymous and of course they won't tell it publicly unless they're some sort of endorcer.

I strongly believe that politicians have their rights to utilize bitcoin as an investment asset, but the manner they fund it will be of an importance.  If the fund comes from the people then that is entirely a different story.

Unfortunately, as bitcoin remains unregulated by many governments, asking a public official to state transparently any bitcoin engagement is far fetched. There will be no law that can impose such rules against any politician for them to declare any bitcoin asset.  In this regard, these politicians are taking advantage of bitcoin's current rift with many governments and that is really sneaky, it is their right, yet really really sneaky.
full member
Activity: 1498
Merit: 129
this subject is not far from being the truth. I remeber then during the MMM ponzi scheme saga in my country, many politiician including the one in house of assembly pump alot of money into the scheme and ones they have made their money back, they were calling for government to block people from investing in MMM. since investing in bitcoin is anonymous, it will be easier for them to use huge amount of money to invest in crypto and dont be surprise some ICO may be funded by politicians. 
jr. member
Activity: 340
Merit: 1
Yeah yoir right there some officials in the side of goverment are secretly supporting bitcoin because they have a chance to earn much bigger they use dummy to monitor there investment. Also its a big oppurtunity if they implement or regulate crypto in short they have an access how to control it.
sr. member
Activity: 728
Merit: 250
Politician expecially from africa will always be looking for ways to keep their looted fund from their country. Cryptocurency is a perfect place for them to hid the fund as its not traceable to anyone and also decentralized. Infact, this is one of the reason why crypto wil be having problem because crypto is a coverup place for corrupt politician
Unfortunately that is something that is going to happen more frequently as cryptocurrencies become more popular, but that is not the fault bitcoin or any cryptocurrency but human nature, those politicians should be trying to improve their living conditions in their countries and yet they're only looking for their own benefit.
full member
Activity: 378
Merit: 101
Yes that could be through
Even if you don't tell me I know..  There is no politician that have only one sources of making money they all have Investment in different places.. Even if they are against it in the public my brother / and sister they are the happiest when the market drop because it give them room to purchase more of what they have.
full member
Activity: 448
Merit: 100
DO you know that even some of the so called politicians have secret investments in Bitcoin and cryptocurrencies that no one may be aware of? I believe this is one of the reasons why some of them have double stand when it comes to taking decisions on the adoption or regulation of cryptocurrency. Some of them are scared of publicly supporting crypto. What do you think?
Politicians buy cryptocurrency to launder money and not pay taxes. The fact that they are in the subject, I think - it's good for the industry, because they will be less stick sticks in the wheel
full member
Activity: 462
Merit: 102
DO you know that even some of the so called politicians have secret investments in Bitcoin and cryptocurrencies that no one may be aware of? I believe this is one of the reasons why some of them have double stand when it comes to taking decisions on the adoption or regulation of cryptocurrency. Some of them are scared of publicly supporting crypto. What do you think?

Well, as a politician, they have the responsibility to reveal their assets or else, the court will punish them for their hidden wealths. That's very illegal and it could end their career as politicians. It's always okay to have assets like these as long as they are declared under the court.
member
Activity: 336
Merit: 10
DO you know that even some of the so called politicians have secret investments in Bitcoin and cryptocurrencies that no one may be aware of? I believe this is one of the reasons why some of them have double stand when it comes to taking decisions on the adoption or regulation of cryptocurrency. Some of them are scared of publicly supporting crypto. What do you think?

We can not really tell who' who into bitcoin. Students, teachers, office workers, police etc... Or even unemployed are into bitcoin so anyone can be part of this and we can safely assume that yes, politicians might also be one of us and can be the ones who are the biggest investors.
full member
Activity: 456
Merit: 100
It's great that politicians have an investment in cryptocurrency, because it can be a great help in the development of this technology, as these people have a personal interest in it.

Yeah it can be great though somehow we never know if the money was came from their own pocket or from ours. Looking deeply, politicians can hide their money through investing in crypto currently since it's anonymous and of course they won't tell it publicly unless they're some sort of endorcer.
full member
Activity: 840
Merit: 117
Indeed big politicians  invested black money on crypto.
Almost all politician corrupt and they have millions dollars in crypto but we can't track, as we know that we can transfer billions dollars with single click
no need to submit documents or any other formalities.   
hero member
Activity: 1190
Merit: 534
* Two Australian State Politicians Reveal Bitcoin Holdings.

* Prominent US Politician Promoting Bitcoin-Based Retirement Investments.

* Ukrainian Politicians Declare $200 Million Worth of Bitcoin and Bitcoin Cash Holdings.

* It was only a matter of time before Bitcoin entered politics.

It's not a secret that many politicians have vested interest in Bitcoin but that has nothing to do with the intention of Satoshi and the utility of Bitcoin and cryptocurrencies. We must have the rational approach towards it and view it as just another currency, so the users using it for the illegal activities must be punished irrespective of their social status.
member
Activity: 462
Merit: 14
yeah definitely there are members here in the forum that are actually known politician from around the world. After all investment is still investment and does not choose who are you and all people across the world can invest in bitcoin. Even celebrities are here also i believe that i know one of them who expresses his/her love with bitcoin but does not tell if he invested in cryptocurrency.
jr. member
Activity: 280
Merit: 2
☀️ Iskra Coin ☀️
Yea so damn politicians invest in bitcoin too but what I don't like about them is even though they are the ones ruling the government why are they trying to spoil the show to people ,saying they should not invest in Btc and calling it scam? Whereas they are into it fully.
sr. member
Activity: 2296
Merit: 315
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DO you know that even some of the so called politicians have secret investments in Bitcoin and cryptocurrencies that no one may be aware of? I believe this is one of the reasons why some of them have double stand when it comes to taking decisions on the adoption or regulation of cryptocurrency. Some of them are scared of publicly supporting crypto. What do you think?


can you prove it with accurate data?
I think that is just an assumption that you put forward. the fact is we will never know because of the anonymous nature of bitcoin. and the possibility is only small because some factors are my consideration, for example, most politicians ban crypto and bitcoin, especially those who are more interested in storing a bank like a Swiss bank.
sr. member
Activity: 672
Merit: 251
We do not know who they are. But think they use bitcoin and other crypto currency to hide their stolen wealth. This may be their way of not knowing their secret.

This is the most difficult resource to know because Crypto's transaction is anonymous.
Certainly some of them who did it with the intention of keeping some of their possessions, yeah since crypto's transaction is anonymously and some account in exchanges that didn't require KYC can be made with fake name, make them unite with the investors.
full member
Activity: 714
Merit: 100

maybe some of them but not majority because politicians are known to be rich persons and they will not have the time to invest in any other things or to make more money . they will only focus on their jobs and that is by making a campaigns to make them even more popular and recognizable by the public .
newbie
Activity: 58
Merit: 0
I think that the politicians are using the money they receive from their accounts and stocks in Bitcoin for campaign budgets. Well, in order for them to win a position in government, national or local, they gonna need so much money for campaigns around the country. I am also curious why these politicians don't run out of money.
jr. member
Activity: 252
Merit: 1
You cant be far from the truth. A wise investor should know that its wise investing in crypto currencies and politicians always seek wise councils so you expect many of them to have strong assets in crypto and with time, this all will be made public
sr. member
Activity: 1638
Merit: 300
It must be sure that almost all the politicians must have secret bitcoins because due to its anonymous track its the best possible way for politicians to hie their looted money as well as for money laundering.

This might be true but I do hope that this don't happen in the real world. Bitcoin is a decentralized crypto currency the reason it is volatile and anonymous, but not really. I guess this is one of the reasons why Bitcoin should be regulated, with Bitcoin in regulation, I think people like politicians should be guarded to what they are dong and where are they transacting their BTCs.
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