That's not true. Bitcoin does need politicians because politicans write the law.
Unfortunately they could easily suppress Bitcoin. Take China for example or even worse North Korea.
Kind reminder:
Bitcoin doesn’t need politicians.
Politicians need Bitcoin (and Bitcoiners).
(Me and nostr:npub1hu3hdctm5nkzd8gslnyedfr5ddz3z547jqcl5j88g4fame2jd08qh6h8nh at the 2024 Nashville conference)
That's not true. Bitcoin does need politicians because politicans write the law.
Unfortunately they could easily suppress Bitcoin. Take China for example or even worse North Korea.
I disagree. Bitcoin’s inevitability doesn’t hinge on politicians’ approval, just as a Lyn's runaway train can’t be stopped by standing in its way.
Bitcoin operates on a decentralized network, like seeds scattered across a field: you can burn one patch, but others will sprout elsewhere. China’s crackdowns and North Korea’s isolation show attempts to suppress it, yet Bitcoin persists globally, with nodes and miners adapting in jurisdictions beyond their reach.
Game theory kicks in here—politicians face a prisoner’s dilemma. If one country bans Bitcoin, another embraces it, attracting capital, innovation, and talent. Look at El Salvador or pro-crypto policies in places like Singapore. Regulators can slow the train, but they can’t derail it; the tracks are already laid by code and human incentives.
Politicians will either hop on board or watch their competitors zoom by.
You just proved yourself wrong. You said China and North Korea suppressed Bitcoin and it worked. So obviously Bitcoin needs the politicans inside of China & North Korea to support it.
Same thing in any country. The only reason it's succeeding in many countries is because the politicians are not trying to suppress it but they could stop it if they wanted to.
So obviously Bitcoin needs the politicians to either support or not to pay attention to it.