Research shows Bitcoin & Dash are politically ‘right’, while Ethereum goes ‘left’
Politics always gives rise to difference in opinions. With politics paving its way to the world of cryptocurrencies, difference in opinions have also surfaced. While some the political experts sided rightists, the rest specified that cryptocurrencies are politically neutral in nature, reported Crypto Slate. The percentage of each of the cryptocurrencies shows which one is more inclined to which form of government.
Bitcoin is right-liberatarian
While more than 52% of the research’s participants tagged Bitcoin (BTC) as right-wing, the rest of the participants see it to be leftist. 1,200 crypto experts, who took part in the research, have expressed their divided opinions. The largest vote of 27% went to Libertarianism. Apart from that, 21% identified it to be conservatives, nine percent called it socialists, eight percent called it anarcho-capitalists and three percent called it nihilists.
The research has also shown that libertarians are said to be among the foremost ones that adopted cryptocurrencies after witnessing the hype that Bitcoin bore in the crypto market.
What is the status of Dash (DASH), Monero (XMR) and Ethereum (ETH)?
While BTC has been tagged as rightist, participants from the research have also categorized other cryptocurrencies like Dash (DASH), Monero (XMR) and Ethereum (ETH).
Like BTC, DASH has received a significant volume of 78% to join the rightist. Ethereum (ETH) has bagged 55% of majority votes to side the leftist.
On the other hand, as per the votes received from the participants, the study proved that Monero (XMR) has got the highest percentage of anarcho-capitalists- 36%, and it bears the utilities of both rightist and leftist, making it appropriate, both as right and left.
Image via Shutterstock
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