I wanted to specially talk about a particular politician in the US,  because I think his case is a good example why we should be careful when judging politicians based only on their public support for Bitcoin and cryptocurrencies.

Over the years, we have seen politicians speaking positively about bitcoin and cryptocurrency,  they even go as far as purchasing Bitcoin and other cryptocurrencies attending crypto related events and so on,  meanwhile it was never from their mind.

What you should understand is that the politician themselves understands that the crypto community is growing that many people,  especially the young voters are interested in Bitcoin and other digital assets,  so they use it as an opportunity to attract those young voters to themselves by supporting Bitcoin an other cryptocurrencies, buying Bitcoin and so on

There is a double negative in this thread title!

Politicians and Cryptocurrencies

You just cannot trust politicians, they will say anything that getes them elected at the start of
and election campaign and will bow to the pressure of lobbyists, big tech and big banks.

Case in point - Trump.

One of the big points he floated at the sater of hs election campaign was "No more forever wars"
and the truth/reality is playing out as we speak.

Enthusiasts of cryptocurrencies, well thechically Bitcoin is a "crytpographic currency" but I separate
it from "crypto" - For me crypto is a dirty word, used to describe all others bar a handful of usefull
ones. So anyone talking the merits of any others cannot be trusted because it just smells of someone
looking out for themselves and what they wcan get out at the expense of others.

Your reply is making me to remember what happened in Nigeria one time when the government ban Bitcoin and Twitter but Twitter which is now X was quickly revive back through Jack Dorsey plead with the government. One of the government official used the same platform to make a tweet to warn people about X and not only that, he used VPN and there was a notification from his screenshot that he has a Bitcoin wallet, that tweet is one of the funny post I have seen from government official.

The Nigeria Economy finance crime commission did a pressed and was lamenting that they have probed many politicians and they found out that they used public funds to send to some young guys to buy Bitcoin and they spread the coins on wallets that can't be traced and since there is no evidence how the money are spent, they don't know what to do. Many politicians don't have a single fear of God, they only understand stealing for their selves.

I dont trust everything politicians say during elections or when they are campaigning because it's mostly political opportunism. You can see that everything Trump promised about Bitcoin before he was elected is not what he's doing. Still, instead, he used crypto to make billions out of naive crypto investors.
I want to know that politicians are smart and also notice that most people running for office using the support of crypto are winning elections, so they are now using the same strategy.

Of course that's what they will always do, so i prefer to judge politicians by what they actually do, not by what they promised or their level of support for crypto.

I can agree with you that they may not be interested in decentralization, but the statement “not what it has to offer”, sounds like a lie.
I’m not objecting the idea that it could be to gain the interest of the bitcoin community, but the truth is; some could actually be interested in bitcoin.


But with all honesty, the fact that they might actually like it is not the reason why they are advocating it. It’s typically for personal interests, and probably to be on the same side with the people. But I can still tell you for a fact that the value of bitcoin cannot be underestimated. Some has known the worth and has decided to invest in it. Like I said not for financial freedom, but to store wealth.

Yes we cannot believe this politicians anymore, but they are more predictable than a snake, so I can tell that the founder of this saying does not know the capabilities of a snake.

They only do things that benefits them I agree, but even most of us if bitcoin was worthless, we wouldn’t be here.