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Politicians frequently follow Bitcoin: the game between ballots and value.
Bitcoin has become the focus of attention for political figures, and the motives behind it are thought-provoking.
Recently, Bitcoin has sparked heated discussions in the political arena. Three heavyweight political figures have successively expressed their views on Bitcoin, attracting widespread follow.
The former president of the United States stated in an interview before the South Carolina primary that he could accept Bitcoin. This statement has been interpreted as a softening of his stance on Bitcoin, in stark contrast to his previous hardline attitude. He also mentioned that Bitcoin has taken on a life of its own and may need some regulation. More and more people want to use Bitcoin for payments. In any case, he is able to accept it.
It is worth noting that the former president expressed his dislike for cryptocurrencies during his term in 2019, stating that they "are not money." He reiterated his preference for the dollar in a recent interview. The reasons behind this shift in attitude are thought-provoking. Since January of this year, when U.S. regulators approved 11 Bitcoin spot ETFs, Bitcoin has attracted the attention of global investors. Wall Street institutions have released important signals regarding capital flows and Bitcoin reserves, indicating that Bitcoin is gradually becoming a compliant investment. According to statistics, nearly 14% of Americans held digital assets in 2022, with young people making up the majority.
The current period is critical for the U.S. elections, and Bitcoin is again favored by the younger demographic. The former president's statements are likely aimed at attracting young voters' support. In fact, the current president has also long been campaigning for votes concerning Bitcoin on social media. Although their strategies differ, the goal is the same: to win the votes of young people.
The current president posted a "Dark Brandon Laser Eyes" meme photo and video on social media, sparking widespread discussion in the crypto, sports, political, and entertainment communities. "Laser Eyes" symbolizes confidence in the future of Bitcoin within the crypto community culture. This cultural movement has attracted many prominent figures and created a sensation within the global crypto community. The current president's move aims to leverage the influence of Bitcoin among younger groups to gain their support.
Another figure attracting attention is the former Prime Minister of the UK. According to reports, he requested a payment of $1 million before accepting an interview with a well-known media personality, specifying payment in US dollars, gold, or Bitcoin, and not accepting British pounds. This request has sparked some criticism, with some arguing that it highlights the cunning nature of politicians. However, there are also viewpoints that suggest this indicates a higher level of recognition for Bitcoin among those who understand the current monetary system.
Analysis indicates that this former prime minister has listed Bitcoin as a payment option, demonstrating his understanding of the best way to preserve value in the long term. At the same time, this is also seen as a bullish signal for Bitcoin. Although the political class has attempted to label Bitcoin negatively, they privately acknowledge its value, a contradictory phenomenon that is worth pondering.
Bitcoin, as an emerging digital asset, has inherent characteristics such as scarcity, divisibility, portability, and low-cost verification, which make it superior to traditional currencies and precious metals in certain aspects. Although most people in the world have not yet recognized this, Bitcoin is gaining more and more recognition from influential figures as a potential high-quality currency.