Post
Topic
Board Bitcoin Discussion
Re: Bitcoiner running for President in Suriname
by
Zlantann
on 24/10/2024, 17:20:55 UTC
Honestly, I don't think I love it when the government and politicians wants to go into Bitcoin, because their intention for the coin is not usually very known to the entire public and bitcoiners. During campaigns, politicians can act Bitcoin friendly until they finally achieve the position they want, that's when you will realize that they will not support the decentralization of Bitcoin but will want things to be centralized.

Nayib Bukele campaigned with Bitcoin and has been friendly to the sector since he became President. Faustin-Archange Touadéra of Central African Republic made Bitcoin a legal tender but the law was later repelled due to some reasons. Donald Trump has made some good promises to the Bitcoin Industry, election is next month. We will have to wait to see if he will fulfil all his promises. One thing is sure politicians will favour centralization because they will always want to control the financial system of the country. But El Salvador had proved that the government can buy and hodl Bitcoin as an investment.