Easily the largest group of bitcoin holders are those who have little or no deep political stance on it at all. Most in this group, which includes many institutional adopters and those crossing over from Wall Street, are interested strictly in bitcoin’s record of gaining value in dollar terms. I would also include many pure technocrats here, such as those interested in blockchain’s potential to improve the efficiency of cross-border payments. As researcher David Golumbia has rightly pointed out, though, both of these “apolitical” groups can be drawn towards more right-wing bitcoin rhetoric.
Related posts
-
Bitcoin Weekend Trading Volumes Plunge To Record Lows
Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend... -
Bitcoin Price Blasts Past $63,000: Top 3 Reasons
Over this past weekend, Bitcoin (BTC) experienced a significant rally, pushing its price above $63,000—an increase... -
Potential Bitcoin (BTC) Price Rebound May Face Resistance at $65K, OnChain Analysis Shows
Notably, the decline has pushed prices well below the widely tracked aggregate cost basis of short-term...