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Topic: Is crypto politcs bad for the Blockchain industry? - page 2. (Read 17030 times)

hero member
Activity: 2520
Merit: 952
Here is the thing, two polar opposites makes the existence possible, so without the negatives, positives can't exist, it's all good for Blockchain industry.
full member
Activity: 854
Merit: 108
I think it will depend of the political issues if their subjects are in favor of the block chain or not but in general, bad or good will benefits the system as it will become more famous as it was become the talk of the town. The more the issues the more the popularity that the blockchain will gain.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Well, I do not consider it as a good or a bad thing. It is actually interesting- the only thing that matters is your vision and the power of your supporters. I am on the side of BTC, but everything what competition has to do is connected with their reach between millions of people- difficult, but not impossible. Crypto does not really allow usage of politics as any potential hater might just make his own blockchain if he wants to  Grin. On the other hand, it must be ridiculous in the eyes of the people when two guys argue about "internet money" from their point of view and I do not think that they support these activities. For long term it is fine, but you do not want to scare too many potential customers right at the start. 

In some sort of way, it's good to have competition as it enables different crypto projects to innovate in many ways. However, when things become fierce with separatist factions by trying to destroy each other, that's when everything goes wrong. Both Bitcoin Cash and Bitcoin SV could've parted ways in a peaceful manner. Instead, they've decided to make a showdown trying to prove which is the original Bitcoin, and harming crypto's valuation across the market.

After all, Bitcoin was meant to be an apolitical cryptocurrency. Politics bring corruption, and fraud, which is something Blockchain technology was intended to overcome. Over time, bad figures within the crypto space will be taken out of the equation for good (like Roger Ver and Craig Wright) as people embrace decentralization at its fullest. Therefore, one way or the other, crypto politics will end, or it'll leave a negative impact within the Blockchain industry. Just my opinion Smiley
member
Activity: 470
Merit: 12
Well, I do not consider it as a good or a bad thing. It is actually interesting- the only thing that matters is your vision and the power of your supporters. I am on the side of BTC, but everything what competition has to do is connected with their reach between millions of people- difficult, but not impossible. Crypto does not really allow usage of politics as any potential hater might just make his own blockchain if he wants to  Grin. On the other hand, it must be ridiculous in the eyes of the people when two guys argue about "internet money" from their point of view and I do not think that they support these activities. For long term it is fine, but you do not want to scare too many potential customers right at the start. 
full member
Activity: 602
Merit: 100
VANM - VIRAL ADVERTISING NETWORK MINING
The problem I see here is not the forks themselves, everyone can propose his own ideas and projects and let people decide, the problem is the way they promote their projects. They don't talk about the good they can do but, instead of that, they attack other projects or even bitcoin. If you are not into crypto and you look at this from outside you don't see smart people proposing ideas but an egomaniacs war where everyone spreads dirt in every direction. If you see this from outside you will turn back and run away.

Exactly. Unfortunately, that's been the case with many Bitcoin forks after the inception of Bitcoin Cash. It's all about greed, instead of helping Blockchain technology mature for the real world. What we've seen is several splinter factions out of the original Bitcoin blockchain, aiming to take BTC's place as the first-largest cryptocurrency in market cap. There hasn't been true innovation, but rather disagreements between separate factions.

Because of this, politics in crypto land does more harm than any good. Different Bitcoin forks will seek to disrupt each other, until they become useless and worthless within the mainstream world. Of course, it's good to have a variety of cryptocurrencies with their unique approach to scalability. But too much politics is what harms their adoption over the long term.

Nonetheless, if different cryptocurrencies would've been working together instead of fighting each other, things would've been much better within the Blockchain industry. Just my opinion Smiley


Pros and cons always occur in crypto especially about forks, but for bitcoin cash and bsv this is very unfortunate, it is now a shitcoin which is a concern, there is no real thing they are aiming for, bitcoin still stands firm and slowly but surely bitcoin will have more value and continues to increase, we will see investors going back to bitcoin.  The politics of the crypto industry are of concern and bitcoin remains the strongest.
member
Activity: 476
Merit: 10
CAT.EX Exchange
Basically politics is a different point of view. Dissent is a natural thing. But because of the ambitions of each party, crypto politics can have a negative impact on others.
crypto is a currency, whether it is possible for a currency to become a political tool it seems impossible. but if it is true that crypto is a political tool, the first time it will be affected is business people, they will experience an economic crisis, hopefully all of that is just a hoax. because a news can have a negative impact on crypto price movements.
hero member
Activity: 1638
Merit: 505
Bad industry? in my opinion not but indeed the risk here is quite large. and still not so ready. for example now there are so many ico but there is no supervision whether ico is an indication of a scam or not
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
The problem I see here is not the forks themselves, everyone can propose his own ideas and projects and let people decide, the problem is the way they promote their projects. They don't talk about the good they can do but, instead of that, they attack other projects or even bitcoin. If you are not into crypto and you look at this from outside you don't see smart people proposing ideas but an egomaniacs war where everyone spreads dirt in every direction. If you see this from outside you will turn back and run away.

Exactly. Unfortunately, that's been the case with many Bitcoin forks after the inception of Bitcoin Cash. It's all about greed, instead of helping Blockchain technology mature for the real world. What we've seen is several splinter factions out of the original Bitcoin blockchain, aiming to take BTC's place as the first-largest cryptocurrency in market cap. There hasn't been true innovation, but rather disagreements between separate factions.

Because of this, politics in crypto land does more harm than any good. Different Bitcoin forks will seek to disrupt each other, until they become useless and worthless within the mainstream world. Of course, it's good to have a variety of cryptocurrencies with their unique approach to scalability. But too much politics is what harms their adoption over the long term.

Nonetheless, if different cryptocurrencies would've been working together instead of fighting each other, things would've been much better within the Blockchain industry. Just my opinion Smiley
jr. member
Activity: 552
Merit: 1
I gave always known that politics is everywhere, but I did not know how much it is in the crypto space, not until I started discovering some of the reasons for some hardforks.
Different people with their opinions and vision. Someone who was formerly supporting g the vision of another man and is part of the team, might suddenly decide to change his view.
sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
Definitely not, crypto currencies are a big part of the whole blockchain technology and I think both of them will get mass adopted in a short period of time. We just need to wait for the market changes first.
in a short time it will not work. cryptocurrency to earn acceptance should take about 5 years or maybe more
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
Oath protocol is a very good project. The main problem is that Blockchain community is new and there is no jury to trust on. Oath is doing a very good thing to revolutionize crypto.
I have already paid attention to this project several times. I think it's better to explore it in more detail. maybe he is trustworthy
member
Activity: 294
Merit: 10
Definitely not, crypto currencies are a big part of the whole blockchain technology and I think both of them will get mass adopted in a short period of time. We just need to wait for the market changes first.
member
Activity: 546
Merit: 32
Considering how several Bitcoin forks have turned to politics by defending their own visions about the future of Bitcoin as a cryptocurrency, several events have unfolded within crypto land. One of those events is BCH's Hash War back in Nov 2018, which has caused a disaster across the whole crypto market due to loss of investor confidence. Due to crypto politics, there has been a clash between several factions looking to guide Bitcoin in their own way.

The Bitcoin SV project believes to follow the original Bitcoin whitepaper, while Bitcoin Cash believes to be the original Bitcoin itself. Both sides have been defending their views, with their respective leaders (such as Roger on the BCH side and Craig on the SV side).

As such, it makes me wonder whenever crypto politics is bad for the growth or reputation of the Blockchain industry? What are your thoughts? Smiley
I think till there is nothing will be affected by the implement of Crypto policy still now but if anything was being uncomfortable for cryptocurrency field then it will definitely affect the price and the development of this field.
member
Activity: 714
Merit: 11
Oath protocol is a very good project. The main problem is that Blockchain community is new and there is no jury to trust on. Oath is doing a very good thing to revolutionize crypto.
full member
Activity: 602
Merit: 101
You also think that many people who now have real opportunities for changing information will be able to suffer greatly, because it is thanks to the blockchain that we can make it so that the information cannot be changed.
sr. member
Activity: 1372
Merit: 275
Basically politics is a different point of view. Dissent is a natural thing. But because of the ambitions of each party, crypto politics can have a negative impact on others.
Political economy and technological development are something that is interconnected with one another because it is a unit and bitcoin or other crypto currencies and created using technological advancements and the development of the era of our beliefs and patience are the main keys in the success of investment with currencies crypto
full member
Activity: 954
Merit: 104
ludenaprotocol.io
Considering how several Bitcoin forks have turned to politics by defending their own visions about the future of Bitcoin as a cryptocurrency, several events have unfolded within crypto land. One of those events is BCH's Hash War back in Nov 2018, which has caused a disaster across the whole crypto market due to loss of investor confidence. Due to crypto politics, there has been a clash between several factions looking to guide Bitcoin in their own way.

The Bitcoin SV project believes to follow the original Bitcoin whitepaper, while Bitcoin Cash believes to be the original Bitcoin itself. Both sides have been defending their views, with their respective leaders (such as Roger on the BCH side and Craig on the SV side).

As such, it makes me wonder whenever crypto politics is bad for the growth or reputation of the Blockchain industry? What are your thoughts? Smiley
Crypto politics of the one man is bad. Look what one man caused not only to Bitcoin, but to all cryptocurrencies. Massive dump that lasts even today.
Yes, I am talking about Fake Satoshi.
jr. member
Activity: 707
Merit: 1
Yes it is. Anything politics entered always get issues, take the world government s an example. Blockchain will last long term if the true ideology is always respected. Politics should be removed 
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
When politics come to blockchain technology, there will definitely be a lot of interest from each party who wants to profit and they will try so many times to get those profit. Politics will be rude for every people, and they don't know who the friend, who is the enemy because they only think about the profit is. As many of us state that there will be too many speculation and prediction from the political inside the crypto, we will see the crypto world will turn up and down too often, and it will look different than now.
member
Activity: 630
Merit: 10
https://www.cd3d.app
involving politics in crypto in my opinion is a bad choice, in the end crypto will not really implement a decentralized system, there will be those who although not regulating but can control crypto through the political problems they make and use the panic they make for their own benefit
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