This nonfiction is simply a respectful portion statement but much disagreement with Dennis Porter’s article, “Why Bitcoin Represents The Ultimate Single-Issue Voting Bloc.”
Bitcoin Is Apolitical
To commencement out, Bitcoin is apolitical.
However, galore radical who ain Bitcoin bash ballot successful elections, and everyone lives successful countries wherever the authorities tin person an effect connected Bitcoin, its ecosystem and its regulation.
A 2nd explanation of apolitical is “having nary governmental relevance oregon importance.”
Bitcoin does not attraction astir authorities nor does it beryllium to immoderate enactment successful immoderate country. Bitcoin is apolitical by that definition.
However, Bitcoin becomes of governmental relevance oregon value arsenic it becomes a authorities interest for regularisation and oversight wrong oregon adjacent to the existent national monetary and economical system.
Bitcoin And The Proposed Single-Issue Voter
As Dennis Porter notes, single-issue voting centers astir a azygous constituent of passionateness for individuals.
Single-issue voters ballot by a candidate’s stance connected areas specified arsenic “gun rights, cheery rights, marijuana oregon enviromental activities.”
Dennis proposes that single-issue voting Bitcoiners volition ballot for a campaigner based solely connected whether that campaigner supports Bitcoin.
My thesis is that Bitcoiners tin beryllium a cohesive, agreed Bitcoin apolitical force, with immoderate Bitcoiners falling into a single-issue voting group.
Some Bitcoiners Are Single-Issue Voters
I hold that, for immoderate people, Bitcoin alignment volition override each different contented and worth that a campaigner stands for. Bitcoin enactment volition beryllium seen arsenic the higher bully that overrides the candidate’s different docket items. (They whitethorn judge — rightly oregon wrongly — that Bitcoin volition hole each the different campaigner misalignments connected issues of their concern.)
In different cases, a candidate’s Bitcoin enactment could enactment arsenic a decider betwixt 2 candidates wherever some candidates are adjacent successful each different ways for that voter.
Bitcoin candidates whitethorn besides bring non-voting Bitcoiners retired to the predetermination booth.
Also, arsenic I discussed successful my “Bitcoin And Biases: Fund Managers Eating Crow And Welcoming Horses In 2021” article, institutions and money managers who enactment Bitcoin — volition astir apt enactment the candidates who enactment Bitcoin due to the fact that it makes them much profit.
However, a campaigner simply being a Bitcoiner whitethorn good not compel immoderate Bitcoin voters to take them implicit a rival, a Bitcoin-supporting campaigner implicit different candidate.
Here’s why.
Single-Issue Bitcoin Voting Does Not Map To All Sovereign Issues
Some of the cardinal issues for galore Bitcoiners — self-sovereignty astir idiosyncratic rights, state and privateness — are wherefore I bash not spot galore Bitcoiners voting arsenic a single-issue voting block.
For issues specified arsenic weapon rights, cheery rights, marijuana rights — oregon different areas specified arsenic pro-life oregon pro-choice — galore and possibly adjacent astir Bitcoiners volition not beryllium single-issue voters and volition not marque this prime astatine the voting booth.
These areas are astir idiosyncratic rights and state for yourself and your friends and household members.
So let’s laic retired immoderate scenarios of antithetic candidates.
- A pro-Bitcoin campaigner who does not enactment definite weapon rights.
- A pro-Bitcoin campaigner who does not enactment cheery rights.
- A pro-Bitcoin campaigner who does not enactment cannabis legalization.
- A pro-Bitcoin campaigner who does not enactment pro-choice.
- A pro-Bitcoin campaigner who does not afloat oregon lone partially supports Bitcoin privateness rights.
- A pro-Bitcoin campaigner who does not enactment the close to protestation oregon opt retired of systems.
- A pro-Bitcoin campaigner who mandates that we devour achromatic cocoa (Fact: It’s not adjacent chocolate).
Let’s look astatine immoderate voters and their antithetic issues:
- A Bitcoiner who afloat supports the 2nd amendment close to carnivore arms.
- A Bitcoiner who afloat supports cheery rights.
- A Bitcoiner who is pro-cannabis legalization.
- A Bitcoiner who is pro-choice.
- A Bitcoiner who deems Bitcoin privateness to beryllium of the utmost importance.
- A Bitcoiner who protests oregon opts retired of definite systems.
- A Bitcoiner who is pro-choice of cocoa oregon adjacent nary chocolate.
Obviously, the past slug of each illustration is an exaggeration. (Or is it a metaphor?)
All of the supra Bitcoin elector issues are astir self-sovereignty.
Individual rights and freedoms are issues that unite astir Bitcoiners.
However, they bash not unite Bitcoiners crossed each issues astir each idiosyncratic rights successful the wider world.
In addition, state of prime wrong assorted rights does not unrecorded and respire arsenic a azygous contented that unites politicians crossed the governmental spectrum.
Would immoderate of these voters ballot for a Bitcoin campaigner that is moving to instrumentality distant their (or those adjacent to them) state and rights?
We are archetypal individuals and adjacent tribal, household oregon group-oriented. As a genitor oregon caretaker, kid oregon sibling, person oregon colleague, we are usually motivated to support our rights and that of our contiguous families and friends first.
Bitcoiners As Single-Issue Voting Versus Bitcoin As A Singular Apolitical Force
If we cookware retired to the wider world, could you spot astir Bitcoiners voting for a Bitcoin person who would restrict the rights of definite groups of people? Would we ballot for planetary leaders who confined definite radical to camps, refused them slope accounts, oregon monitored oregon restricted their purchases, lifestyles, code oregon quality to vote?
If we would not privation to ballot for that successful the wider world, past wherefore would we ballot for that successful the U.S.?
Instead, I spot 2 larger, much cohesive, and adjacent much almighty Bitcoin groups.
The “Bitcoin and the American Dream” authors and Dennis Porter are among the radical spearheading the archetypal group.
Both these groups correspond a singular Bitcoin apolitical force. The 2nd radical is simply a subset of the archetypal group.
Bitcoiners Educating Politicians And Advocating For Bitcoin
First, Bitcoiners arsenic a radical educating and advocating with politicians of immoderate governmental affiliation — to determination toward Bitcoin.
A cohesive agreed Bitcoin governmental unit tin amended and usher successful an apolitical mode because Bitcoin is not political.
Education is simply a cardinal contented wrong the governmental realm. Most authorities leaders bash not recognize Bitcoin.
However, it is extremely important to beryllium factual and highly close astir Bitcoin.
- Pithy, incorrect narratives bash not assistance the cause.
- Weak arguments volition beryllium ignored oregon countered.
- Alt-coin advocacy tin dilute acquisition and knowing of Bitcoin.
Bitcoiners (and immoderate Bitcoin advocacy group) request to enactment together and get oversight wrong the assemblage connected elaborate aspects of vigor usage, economics and method implementations.
Advocating for Bitcoin is different cardinal contented and enactment that each Bitcoiners tin bash with their authorities — careless of party.
Call, email oregon substance your elected leaders and supply them with credible accusation connected Bitcoin.
Politicians Who Support Bitcoin
Second, politicians who enactment Bitcoin could unite connected the azygous contented of Bitcoin. Many already are. Any Bitcoin person should beryllium capable to align connected Bitcoin communal crushed with anyBitcoin-aligned candidate.
Note: One caveat is that conscionable similar galore Bitcoiners alteration connected opinions and facts wrong the ecosystem, it is apt that galore Bitcoin-aligned candidates volition alteration connected opinions oregon statements astir akin areas arsenic well. Often with a deficiency of accuracy.
That said, Bitcoin politicians could align connected Bitcoin adjacent if they person a beardown misalignment connected different issues. Currently, the governmental sides look similar this:
By its nature, bitcoin is state wealth and money for radical with antithetic views of however to transact successful life. (The axiom is that Bitcoin is wealth for enemies. However, everyone who does not hold with your views and actions is not needfully your enemy.)
It is possible that the underlying ethos of Bitcoin could move the governmental needle toward collaboration, coordination and compromise connected different areas that impact the state to choose.
Bitcoin As A Singular Apolitical Force
Bitcoin could beryllium a singular entity that unites politicians crossed the governmental spectrum.
It tin determination politicians and different authorities figures to deliberation successful enactment with the Bitcoin values of idiosyncratic rights, state and choice.
Similarly, uniting Bitcoiners crossed the governmental spectrum successful bid to amended politicians connected Bitcoin is the bipartisan moonshot that galore are moving toward.
Regardless of however and who we ballot for astatine the predetermination booth, Bitcoin whitethorn underlie and hole galore issues.
However, Bitcoiners person galore different issues that are precocious priorities erstwhile they people their ballots for the radical that volition reside and preside successful the adjacent government.
In these cases, galore Bitcoiners are not single-issue voters.
But they are portion of the larger, singular Bitcoin apolitical force.
This is simply a impermanent station by Heidi Porter. Opinions expressed are wholly their ain and bash not needfully bespeak those of BTC Inc oregon Bitcoin Magazine.