Degen

Politics and Bitcoin!!!! 
Political influence on Bitcoin can include the following: 

- **Sanctions and regulations**: Governments affect the price and use of Bitcoin by restricting or banning it. 
- **Government acceptance**: Some countries, such as El Salvador, have accepted Bitcoin as legal tender, which has increased its legitimacy. 
- **Price fluctuations**: Political news such as war or economic crises may increase demand for Bitcoin as a safe haven asset. 
- **Tax controls**: Governments change the incentives of investors by imposing tax laws on Bitcoin