For many politicians, this emerging bull market will be the first time they’ve really seen #bitcoin not only not die, but rise from perceived (and/or desired) oblivion.
Bitcoin is much more salient in the political consciousness, now.
And I think this means a few things.
Politicians will be forced to consider #bitcoin more seriously, which will of course mean more sedulous attempts to fit it into their existing, partisan, political paradigms, however uncomfortable the fit may be.
What’s happening under the surface I think, with actual voters, is #bitcoin is transforming their politics and moving an increasing number of people out of or away from their prior partisan, political affiliations. It’s creating distance between people and our ossified two-party system.
So at the grassroots level bitcoin is changing, and re-shuffling political affiliation, while at the political class level politicians are (and will continue) trying to figure out how it fits into the existing two-party paradigm.
The bottom-up dynamics will be much more lasting, much more transformative, and, I hope, much more effective.
More and more people are becoming politically homeless. And #bitcoin is becoming a new consensus force pulling together what would traditionally seem to be strange bedfellows.
Anecdotally, every Dem I know who has spent any time meaningfully learning about #bitcoin is not thinking to themselves: how do I fit it into my current political party affiliation?
They are thinking wow this really subverts my existing political thinking in a lot of ways.
In the same way that Wall Street is capitulating to #Bitcoin (not the other way around), I hope and expect political parties to capitulate to bitcoin (and not the other way around), too.
This could and should create a very interesting, generational re-shuffling. It’ll of course take time to develop and progress. But I suspect we’re already in the early stages.
Logan / Logan
npub1zx…ghdct
2023-11-10 19:04:15
Author Public Key
npub1zx0uydq67a62k5vhjcsvh0qvedk9ht9gz9t56et6j9k7wayj809qjghdctPublished at
2023-11-10 19:04:15Event JSON
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"content": "For many politicians, this emerging bull market will be the first time they’ve really seen #bitcoin not only not die, but rise from perceived (and/or desired) oblivion. \n\nBitcoin is much more salient in the political consciousness, now. \n\nAnd I think this means a few things.\n\nPoliticians will be forced to consider #bitcoin more seriously, which will of course mean more sedulous attempts to fit it into their existing, partisan, political paradigms, however uncomfortable the fit may be.\n\nWhat’s happening under the surface I think, with actual voters, is #bitcoin is transforming their politics and moving an increasing number of people out of or away from their prior partisan, political affiliations. It’s creating distance between people and our ossified two-party system.\n\nSo at the grassroots level bitcoin is changing, and re-shuffling political affiliation, while at the political class level politicians are (and will continue) trying to figure out how it fits into the existing two-party paradigm.\n\nThe bottom-up dynamics will be much more lasting, much more transformative, and, I hope, much more effective.\n\nMore and more people are becoming politically homeless. And #bitcoin is becoming a new consensus force pulling together what would traditionally seem to be strange bedfellows.\n\nAnecdotally, every Dem I know who has spent any time meaningfully learning about #bitcoin is not thinking to themselves: how do I fit it into my current political party affiliation?\n\nThey are thinking wow this really subverts my existing political thinking in a lot of ways.\n\nIn the same way that Wall Street is capitulating to #Bitcoin (not the other way around), I hope and expect political parties to capitulate to bitcoin (and not the other way around), too.\n\nThis could and should create a very interesting, generational re-shuffling. It’ll of course take time to develop and progress. But I suspect we’re already in the early stages.",
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