Selling Bitcoin as a partisan political tool is both inaccurate and a short term strategy.

Bitcoin is political in the sense that any disruptive technology will have political ramifications, especially one that disrupts money. But Bitcoin is not partisan. You can not ascribe to Bitcoin the social or even economic values of any particular political party. It is software; our values are still our job to uphold, Bitcoin will not fix that.

Bitcoin has survived this long because it is nearly impossible for any one organization to control it. That is why it’s interesting, and why it can not belong to any particular political party.

What can happen, however, is the creation of a public perception that Bitcoin is aligned with a particular party or movement. That has largely happened in the United States, and with that we get all the drawbacks of being a political football. Bitcoin ends up both credited and blamed for political changes it has nothing to do with. It becomes harder to explain or promote the technology to half the population, and we eventually face regulatory fallout when the other party returns to power.

I can’t dictate what others think of this technology, but I need to make it very clear: Bitcoin is a global, neutral network. It is far bigger than any political party. Bitcoin fixes money, but it will not fix anyone’s political, moral, or social issues. We still have to fix those ourselves.

Reply to this note

Please Login to reply.

Discussion

That aside we have one political party in the US that implemented choke point and choke point 2.

I WROTE MY REP MANY TIMES. And he basically laughed at btc, and voted against Bitcoin bills lock step with party line.

Reddit openly waged battle via “through away” accounts.

Basically for dems “you sleep in the bed you made”

I am attaching a Reddit snip of what I am talking about.

This made me loose all respect for a party that won’t debate or listen to constituents.