Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Users blast curators Re7 and Silo for handling of DeFi turmoil

22/11/2025

Ethereum Flashes Rare Oversold Signal As Price Hits Demand Zone — Major Rebound Loading?

22/11/2025

Stablecoin Market Jumps to $304.6B, Adding $2B in One Week

22/11/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Flashes Rare Oversold Signal As Price Hits Demand Zone — Major Rebound Loading?

    22/11/2025

    Ethereum Is the Opposite of Sam Bankman-Fried’s FTX, Says Vitalik Buterin

    22/11/2025

    Ethereum nears key support as long-term holders eye recovery amid market volatility

    22/11/2025

    bears pierce $3,000 as sell-off pressure mounts

    22/11/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Want the Inside Scoop on NFTs? These Are the 9 Best NFT Newsletters in 2025

    22/11/2025

    NFT Lending TVL Nears All-Time Lows

    21/11/2025

    The Strategy Behind the Revival of the Sandbox DAO

    20/11/2025

    RaveGods set for token launch with Web3 rave experiences and NFT-based Rewards

    19/11/2025

    Users blast curators Re7 and Silo for handling of DeFi turmoil

    22/11/2025

    Ethereum Flashes Rare Oversold Signal As Price Hits Demand Zone — Major Rebound Loading?

    22/11/2025

    Stablecoin Market Jumps to $304.6B, Adding $2B in One Week

    22/11/2025

    Anchorage Digital adds HYPE staking support through Figment partnership

    22/11/2025
  • Blockchain

    Kima Network Integrates with ECB to Shape the Future of Programmable Finance

    22/11/2025

    AGI Open Network Taps Okratech to Accelerate AI-Driven Web3 Freelancing Landscape

    22/11/2025

    Cloudflare Outage Exposes Web3’s Centralization Problem

    22/11/2025

    Vitalik Buterin Warns Of A Quantum Shift That Could Endanger Crypto Security

    22/11/2025

    HyperGPT and aZen Unite to Shape Intelligent Infrastructure: AI Meets Web3

    22/11/2025
  • DeFi

    Users blast curators Re7 and Silo for handling of DeFi turmoil

    22/11/2025

    Anchorage Digital adds HYPE staking support through Figment partnership

    22/11/2025

    Top 5 Perp DEXes on Sui Network

    22/11/2025

    Crypto Leverage Hits Record High in Q3 as DeFi Dominance Reshapes Market Structure: Galaxy

    21/11/2025

    Circle Subsidiary Hashnote Launches Yield-Bearing USYC on BNB Chain

    21/11/2025
  • Metaverse

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025

    Koda Nexus Opens in Otherside, Bored Ape Yacht Club Creator Debuts Social Hub

    13/11/2025

    Hollywood.com Reveals Crypto-Powered Prediction Market for Movies, TV and More

    04/11/2025

    Bored Ape creator revives brand with Otherside metaverse debut

    31/10/2025
  • Regulation

    Stablecoin Market Jumps to $304.6B, Adding $2B in One Week

    22/11/2025

    Tether Unveils USA₮, its Planned U.S.-Regulated Dollar-Backed Stablecoin, and Will Appoint Bo Hines as CEO of Tether USA₮

    22/11/2025

    US Vice President JD Vance Made Positive Statements About China Tariffs

    22/11/2025

    Green Shoots on China Lifts Crypto in Sunday Action

    22/11/2025

    Pentagon’s billion-dollar bet on America’s resource security

    22/11/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    MIRO to Power Autonomous Payments

    21/11/2025

    Amboss and Voltage Partner to Bring Yield to Bitcoin and Stablecoin Payments

    21/11/2025

    As Bitcoin Price Falls Below $94,000, Big Whales Are Doing This

    21/11/2025

    Here’s the 16 Altcoins Experiencing a Boom in Trading Volume in South Korea

    21/11/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Stobix Partners With Funton.ai to Boost Web3 Gaming Growth

    20/11/2025

    GaFin Partners with Undead Blocks to Boost Web3 Gaming via Integrated Rewards Network

    18/11/2025

    Altura Taps Zealy to Boost Agentic Gaming and AI-Driven Web3 Experience

    17/11/2025

    50+ Gaming Influencers Launch Gallaxia, First Player-Owned Blockchain Gaming Studio

    14/11/2025

    American Bitcoin Targets 50 EH/s Bitcoin Mining Capacity

    22/11/2025

    Bitcoin ASIC producer Bitmain under US investigation over national security risks: Report

    22/11/2025

    South Africa signs an MoU with the EU to advance mining, pharmacy, and green energy

    22/11/2025

    AI and HPC Bitcoin Miners Surge Pre Market Following Stellar NVIDIA Earnings

    20/11/2025

    National Bank of Belarus has submitted a proposal to the EAEU countries to develop a common approach to regulating crypto

    21/11/2025

    How market structure votes could influence 2026 crypto voters

    21/11/2025

    FDT Welcomes Dubai’s $456M Freeze as Techteryx Seeks to Recover TrueUSD Reserves from Aria

    21/11/2025

    Japan Moves to Rein In Crypto-Hoarding Firms as Oversight Tightens

    21/11/2025

    Users blast curators Re7 and Silo for handling of DeFi turmoil

    22/11/2025

    Ethereum Flashes Rare Oversold Signal As Price Hits Demand Zone — Major Rebound Loading?

    22/11/2025

    Stablecoin Market Jumps to $304.6B, Adding $2B in One Week

    22/11/2025

    Anchorage Digital adds HYPE staking support through Figment partnership

    22/11/2025
  • MarketCap
NBTC News
Home»Bitcoin»Bitcoin Won’t Let You Transcend Politics
Bitcoin

Bitcoin Won’t Let You Transcend Politics

NBTCBy NBTC16/11/2024No Comments7 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


We can’t transcend politics ‘because we have bitcoin now, bro’. Sometimes I see this kind of t-shirt or sentiment being shared online, but it’s simply misguided.

Just to prove I’m not strawmanning, here’s another similar example:

If you just mean “I’m not interested in politics” or you don’t like one particular party’s politics, that’s one thing, but it’s still not sufficient to secure your own liberty. As the saying goes, you may not be interested in politics, but politics is interested in you.

Zooming out a little bit here

Even if we abstract away from the upcoming US presidential election, politics more broadly is about making decisions in groups, and a reflection of power relations among individuals. We are determining who gets to control which scarce and rivalrous resources, ideally in a way that enables people to live together while reducing conflict. In a sense, Bitcoin does help reduce conflict over ownership of money, using cryptography.

But remember reality here

Now yes, we can talk about liberty, anarcho-capitalism and crypto-anarchy at a philosophical level. But the state exists today. So given this reality, if you want to secure your own political rights, it still matters to engage in some way. That could mean campaigning and contributing to bitcoin, economics and liberty focused education, it could be writing a submission to voice your opinion or lobby for a pro-bitcoin policy, it could mean being a part of a particular party, it could even mean contributing to secessionist movements and causes.

But entirely ceding the political turf to your enemies is a bad decision. In some cases, it is that the politicians are genuinely uninformed on Bitcoin, and they ‘follow it’ by seeing news headlines. In these genuinely uninformed cases, having educated Bitcoiners speaking to them, and helping them not make major mistakes will be helpful. It can reduce the risk of bad regulations or laws on bitcoin self custody, transfer, mining, node running etc. This can reduce the risk of bitcoiners being criminalised, reduce regime uncertainty, lower tax burdens or otherwise.

In other cases, there are politicians with an axe to grind about Bitcoin or Crypto, such as Elizabeth Warren with her “Anti Crypto Army”. In these cases, perhaps a more combative approach has to be taken where the community supports a pro-Bitcoin candidate instead of the anti-Bitcoin politician.

But what about cypherpunks writing code and existing in crypto-anarchy?

The late Hal Finney, Bitcoin legend and cryptography pioneer, was also libertarian and even he posted the following to a mailing list discussion (shout out to Aaron van Wirdum for surfacing this in The Genesis Book):

“I am not in cyberspace now; I am in California. I am governed by the laws of California and the United States even though I am communicating with another person, whether by postal mail or electronic mail, by telephone or TCP/IP connection. What does it mean to speak of a government in cyberspace? It is the government in physical space I fear. Its agents carry physical guns which shoot real bullets. Until I am able to live in my computer and eat electrons, I don’t see the relevance of cyberspace.”

It’s not that he was philosophically opposed to liberty or crypto-anarchy, it’s that he saw the real world limitations for what they were and are.

But wouldn’t it be nice if everyone got along? Kumbaya?

Yes there is the idealistic sense in which “Wouldn’t it be nice” or “what if we all just respected each other’s rights and ignored the state” – but the reality is that “people won’t all just”. They see a system that enables them to steal from other people or to control other people, and they will take advantage of it. This can manifest in very simple ways where politicians promise “free things” or to protect you from the boogeyman in exchange for power. Given that many voters in democracies are not net-payers into the system, of course they will not think about the long term. They will not think about the risk taken, or the effort to accumulate capital and build a business. For these selfish voters, they will just take whatever they can get here and now, and not think about the future.

Doesn’t Bitcoin Fix This?

Won’t Bitcoin fix some of these things though? Yes, it is true that the state uses cheap fiat credit and control over the money to expand itself. Yes it is true that the state undermines competing forms of private governance, such as the family, the community, even religion and private charity – in order to install itself as the more powerful government mechanism on which people depend.

As part of this process, more things are politicized, and this has taken place in most of our own lifetimes. There used to be unwritten rules about not talking politics while on a date, or in a polite social setting. That sense of decorum is now gone, and nowadays we all endure lectures about the latest ‘Current Thing’ even at non-political events.

Even in the hyperbitcoinized world, there will still be family politics about things like family business, or inheritance battles or divorce battles. Or if we have monarchies and free private city governance, there could still be politics involved. The benefit might just be that it’s easier to opt out of it, and everyday people aren’t forced to participate. So yes longer term, Bitcoin will reduce but not eliminate politics. But don’t confuse this world now, for that world later on.

If you think so much can be achieved politically, why have Bitcoin or code at all?

There’s a division of labor here. Bitcoin and writing code is absolutely essential. But my point is more that those people good at party politics should focus on that, and those people good at writing and reviewing code should focus on that.

Making the political system less hostile helps those people writing code, and it helps everyday HODLers who are holding their keys and running their node. After all, if Bitcoin and Bitcoin app code is improved, that could make it technically easier for people to use Bitcoin. In a broader political sense, writing code is reducing conflict by further reducing the cost of protecting money. It helps more people HODL and use their coins how they wish.

Summing it all up

Yes it would be nice if less people used the state to steal from each other, or control each other, but the pathway to get there does not mean you should just kneel down and take beatings from the other side. Yes it would be nice if we didn’t have to pay attention to these things, but that’s wishful thinking. Even if you personally don’t have the proverbial ‘stomach’ to wade into the swamp of political activism in favor of Bitcoin, the very least you can do is not poo-poo the efforts of those who do have the stomach for it. Likewise, the people who can do party politics or political activism should not poo-poo the efforts of those writing and reviewing code to improve Bitcoin.

Bottom line, don’t confuse the society you want, with the method of getting there.

This is a guest post by Stephan Livera. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Price Breaks All-Time High Record Again – Here’s What We Know

04/08/2025

Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

04/08/2025

Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

04/08/2025

High-Stakes Consolidation Could Define Q3 Trend

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Users blast curators Re7 and Silo for handling of DeFi turmoil

22/11/2025

Ethereum Flashes Rare Oversold Signal As Price Hits Demand Zone — Major Rebound Loading?

22/11/2025

Stablecoin Market Jumps to $304.6B, Adding $2B in One Week

22/11/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.