What politics do you mean? Because I think crypto has nothing to do with politics, crypto has its own space. Besides that Blockchain also has its own space, Blockchain is not a technology that is only used for crypto but also in several aspects such as business, medical, bank, energy, finance, etc.
I think the price speculation and regulations from government is denoted as politics here,but it is right that it may bring bad attractions to the people who want to use Blockchain technology for their needs. 
Topic: Is crypto politcs bad for the Blockchain industry? - page 3. (Read 17030 times)
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?
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?
Some how yes? If the politics create a hype that might turn the market of one crypto down, then, I can say it is not good to support this kind of politics like what the founder of bitcoin SV does to bitcoin hashes.
What politics do you mean? Because I think crypto has nothing to do with politics, crypto has its own space. Besides that Blockchain also has its own space, Blockchain is not a technology that is only used for crypto but also in several aspects such as business, medical, bank, energy, finance, etc.
The simply thing is that economic wants to grow or not will depends so much on political policies and cryptocurrency and Blockchain is a part of economic
actually I myself don't understand this technology correctly. I only came to the crypto market to trade, because I knew from this market that I could improve my economy. if this market moves related to the economy that is in the world, obviously it will be very relevant. because we know that this market is supported by technology that is used by many industries in the world.
The simply thing is that economic wants to grow or not will depends so much on political policies and cryptocurrency and Blockchain is a part of economic
at first I thought that crypto was not at all influenced by political conditions but I was wrong, because crypto is a currency and also an asset whose fans are global society so that when something happens that has a negative impact on the real world it will also have a negative impact on crypto
If this happens, it's certainly very bad. I can't agree if crypto is associated with politics. Because this will have a bad impact on crypto. Because, politics in some people is not very suitable. Because they do everything they can for their own interests.
We have learned a lot from the politicians in BCH and how greedy they are. These politicians wanna get anything from crypto and if they wanna create domination to the crypto industries. This will create a centralized ecosystem that gives a huge impact on the crypto. Look at there was a bunch of hardfork caused by bitcoin cash hardfork.
I have always been negative about politics. This is a very bad industry. So I think it doesn't do any good for crypto.
I think that both these coin most people perceive as hard fork, and likely these coin buy only in purposes kharabotka in short term. Only in Bitcoin people invest in the long term and I personally think that this is the right choice.
If this happens, it's certainly very bad. I can't agree if crypto is associated with politics. Because this will have a bad impact on crypto. Because, politics in some people is not very suitable. Because they do everything they can for their own interests.
I think we should stay away from politics of any nature especially from the newly growing crypto market and the only thing we need to support is healthy competition with positive mindset.
I think what people are calling politics is people having different opinions and views on issue, if well managed with sincerity it is very good, but if it is done just to show ego, it will not end well. I am not calling BCash fork a failure yet but with the look of things it could end bad for those side because it was much on ego and not on how to make the project better
all these bitcoin forks were certainly not the best thing that could happen, but if bitcoin survives, it will certainly make him stronger. fortunately, the wave of useless forks seems to be over, and bitcoin is still there best.
the main capital in crypto currency investments is the belief that bad and negative news developments and anything that creates crypto currencies will not panic investors with falling prices or value
Nice post I must say. Crypto politics is really very bad for crypto space. I remember vividly the downsides of the hash wars of last year, it wasn't funny. Thanks for this post, I'll also like to see other views of other crypto enthusiasts.
Control and power over the market yields struggles from opposing voices. Cryptocurency would do a lot better without political effects on it but then it's impossible to have a crypto without politics because a billions of dollars is involved
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.
Actually blockchain technology having life since the invention of crypto currencies.I don't think it is completely bad because crypto currencies got lot of attention in this world because of this politics so it actually making the cryptos recognized but maybe in the negative way.But still it can reach more poeple so people understand the cryptos will help to accept on more rate.
As long as projects are handled by a team of developers and not just one, expect some disputes, that will eventually lead to splits, to happen. I do not think it is particularly that bad. Investors tend to always move on and don't get stuck to a particular issue.
In any case, politics and money are inseparable concepts. And, unfortunately, the larger the capitalization in cryptography, the more powerful are the mechanisms with manipulations in which crypto-politicians take an active part
Yes. That's the reality with politics. There's corruption and manipulation, with no good results in the long term. What has been seen with several Bitcoin forks lately, is that they have formed political agendas in order to make more money and not benefit the whole Blockchain ecosystem. This has been the case with both Bitcoin Cash and Bitcoin SV. Instead of fighting each other claiming the title of the "Original Bitcoin", they should work together to make the Blockchain industry a better place.
The immaturity of both sides has caused a large downtrend in market prices for most cryptocurrencies. It's been nothing but a stunt in order to make more money in the long run. It shows us that greed goes on top of everything in crypto land. Many Bitcoin forks have emerged with the same purpose, without delivering true usability for the mainstream world.
Which is why, I believe that crypto politics is extremely bad for the Blockchain industry. After all, Satoshi intended for Bitcoin to remain free from middleman or third-parties. The huge manipulation by Roger Ver and Craig Wright shows us otherwise. Despite this, it's hoped that in the future, everything would turn out to become decentralized and free from human intervention. Just my opinion
In any case, politics and money are inseparable concepts. And, unfortunately, the larger the capitalization in cryptography, the more powerful are the mechanisms with manipulations in which crypto-politicians take an active part
Jump to: