It's pretty much easier to view bitcoin as another bunch of monetary systems that's been used for illicit money laundering activity fueling terrorism and exacerbating crime in the world, that's how our political elite wants the masses to view bitcoin, without doing your part to research the decentralized technology your brain will opt to believe everything you've heard from such leaders, family members would always say cryptocurrencies are nothing but Ponzi scheme money created out of thin air, sure it's a free society and we are allowed to think what we want, human are coordinator to follow what majority does and our political elites have a bit of social impact on how we organize our thoughts.
is bitcoin been politicized
We don't know for sure, politics have always been a mind game seeing how some countries ban and unban crypto use we could see how things have been unfolding lately, one can argue that the system is been tolled on to distract the masses.
Elizabeth Warren an influential Democratic senator sees bitcoin as a terrible crypto asset and Ted Cruz a highly influential Republican bullish on bitcoin.
While bitcoin is a decentralized open source and barely depends on any political parties, it is therefore apolitical as its network is evenly distributed for anyone to connect with the server node to secure the network.
Crypto Donations for Political Campaigns
It's quite interesting how bitcoin comes quite handy in challenging times to take Nigeria as a case study during the #endsars saga in 2020 bitcoin was used to help youths in different states to help finance the protest Twitter former CEO jack Dorsey did support by donating some BTC.
California government is making move to end the bitcoin ban in other to allow its citizens to donate bitcoin for political campaigns.
Bitcoin works for all
The permissionless digital asset's core aim is built on privacy, self-governing, and freedom it works for all and is publicly available for anyone to assess from anywhere around the world there are no restrictions except those imposed by regulation there is no limit to how the blockchain digital gold can be used this makes it one of best innovative solutions to combat users dependence on the government on how to manage their assets.
Bitcoin knows no political parties it's value is driven by users' incentive use.