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Author Topic: Is Bitcoins goal to end governments?  (Read 2110 times)
Fretcy
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April 26, 2018, 09:21:51 AM
 #361

bitcoins goal is not to end government, that is just a misconception of ending the government authority as bitcoins and all other crypto currencies are backed by fiat currency which means for local transactions  the bitcoin users have to exchange the bitcoins to fiat currencies then deposit them in the respective users bank account which is involved with the government so the bitcoins users are  also paying tax by transferring to the individual users bank account. Some have a misconception that bitcoin evade tax payment there is no such thing all the bitcoin users are converting their bitcoins to fiat currencies through their bitcoin users bank account and so there is no anonymity only thing is the users will have full right over their earnings, they does not have to go to third party to transfer funds.

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Marcus Kohen
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April 26, 2018, 09:23:26 AM
 #362

That's not entirely true. Governments are unlikely to be able to destroy, and bitcoin will not be able to do so. But the distribution of forces in the world bitcoin can do. It will be able to change the structure of state institutions. For example, the financial institution will undergo huge changes, if not disappear. And of course over the banking hegemony
bitbunnny
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April 26, 2018, 09:27:31 AM
 #363

You have too much expectations of Bitcoin, the purpose is not the revolution and some kind of war against governments. Besides countries can't function without governments, this would be a chaos and anarchy. I don't say that system couldn't be better but some organisation and system have to exist.
To my opinion too many people are connecting Bitcoin with totaly wrong and sensless ideas giving it a meaning that doesn't have.

MUSFIKAR
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April 26, 2018, 10:15:55 AM
 #364

Bitcoin is not designed to end the government but instead boosts the world's monetary system. I think the government should support Bitcoin by updating our policy to adapt this new system, which is why some governments do not support it. They should know that Bitcoin can really help people and create new payment systems and must support them by joining in market development.
hajimasan
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April 26, 2018, 04:06:43 PM
 #365

I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
I don't think there is any matter of end of bitcoin by government but in actual many types of the bad things are happening with the bitcoin use for illegal purpose ( only by few people only where digital payments are not in wide range ) .
Most of the governments are looking to legalise and control and want to make into a better and perfect way to use , but many governments are not able to make better rules so few of them are against to remove from Thier country, and few of them are thinking and planning that what should they do and many countries government regulated bitcoin directly to use with better taxation rules .
So don't think that governments are going to ban bitcoin in any ways , but they are creating perfect ways to make bitcoin more better to use with better rules .
Lalafell
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April 26, 2018, 04:22:31 PM
 #366

I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)

No I don't think so. The government's role is help and of course govern (not rule) the society. Bitcoin also aims to help the society through giving the public new option of paying goods and services. I know that even though some governments doesn't see that bitcoin is helpful, there will be a day that both sides will be living peacefully and help the people together to achieve a better society.
CaptainKid
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April 26, 2018, 04:26:12 PM
 #367

As we see, countries have different approaches to bitcoin, and it does not look like a war is going on. The fact that some countries have taken bitcoin as a means of payment is a step forward to innovation, as bitcoin and blockcchain technology can significantly improve the standard economy and many areas of activity.
MetalGear
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April 26, 2018, 04:33:30 PM
 #368

I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)

As far as I know, bitcoin never meant to end any government. Bitcoin is here simply to make the financial side of the world to be better and more people-friendly. With the help of bitcoin, people will have more freedom and security to use their money. Bitcoin also produces jobs for people who are in the struggles of financial source. Bitcoin is not bad for the people nor to the society.
toral host25
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April 26, 2018, 05:06:34 PM
 #369

i think nope way! Or maybe there is,  if everything comes to blockchain.  But governments will be trying damn hard to end bitcoin thats for sure.
al maruf
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April 26, 2018, 05:20:49 PM
 #370

No, I think it's not the government to destroy anybody,, because it is a currency that is available online, it is not actually available, and it is profitable, it can be called a development in the new world, the government has no target. But there are some things that are bad for society, if it uses bad things.
coderben
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April 26, 2018, 06:11:23 PM
 #371

There is no need to end governments to make Bitcoin the dominant currency i think. So, i don't believe that Bitcoin aims to end governments but the future of the banks is not so bright it is obvious.
Stegobit
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April 27, 2018, 03:25:25 AM
 #372

Bitcoin won't make society work without any governance force, but current centralized, repressive and extremely ineffective governments will definitely change.
Bruce1614
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April 27, 2018, 03:36:30 AM
 #373

Bitcoin was intended to be made to end the way saving money framework works and give another arrangement of installments. In any case, individuals are not concentrating on the installment side and are concentrating more on the advantage side of it to create more cash for themselves. The advancement of BTC is required as it has contacted numerous individuals now. The legislatures are not supporting it since it is a danger to their method for managing an account and that is the reason a portion of the administrations are not supporting it. They should realize that BTC could truly help individuals and make another arrangement of installments and should bolster it by joining its advancement.
Arata
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April 27, 2018, 04:02:13 AM
 #374

I think bitcoin was created not to end a government. The government also has power over the circulation of bitcoin in a country. It seems that bitcoin will not end a government, bank, anyone and anything. Bitcoin users will still need banks as a means to cashout bitcoin
palvinta
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April 27, 2018, 04:39:26 AM
 #375

I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
I do not think so. Bitcoin's goal is to help all the users who use it. I'm sure with people who use Bitcoin for sure their life is now much better. And I hope that the Government all over the country can legalize Bitcoin in his country and we can all fight for Bitcoin together. Surely if it happened everything would be better.
dvillier
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April 27, 2018, 04:54:06 AM
 #376

I think bitcoin was made not to end an administration. The administration likewise has control over the flow of bitcoin in a nation. It appears that bitcoin won't end an administration, bank, anybody and anything. Bitcoin clients will in any case require banks as a way to money out bitcoin
Sar elok
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April 27, 2018, 05:00:35 AM
 #377

I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
I think it's impossible to do. Bitcoin can not stop the Government. But, the Government can stop the bitcoin. Bitcoin I think was created to be side by side with the Government. To reduce the impact of the monetary crisis in the future.
coinstalker23
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April 27, 2018, 05:20:22 AM
 #378

I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)

Nah I dont think so. The creator behind bitcoin and blockchain technology want us to use this innovative type of tech to ease the daily usage of our money and other type of services and product that can be based on blockchain network.
shinchan123
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April 27, 2018, 05:36:28 AM
 #379

I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)

I don't think so. I believe that bitcoin's primary goal has been to implement innovation all over the world. We need to accept the fact that perhaps, there is need to change how the fiat system works. Never have I ever thought about bitcoin ending the governments, simply because it does not scope that field.
madhabilota
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April 27, 2018, 05:47:44 AM
 #380

Maybe the meaning of to end the government is don't let the government have authority to bitcoin. Ending the government is a large problem itself. How to end the government if btc is accepted by some government in the world. There are countries that accepts bitcoin presence inside their country. If bitcoin's goal is to end the government it could be a problem to the entire system inside and outside computers. You are right where infrastructure budget came from if government is gone and so many more activities that came from the help of tax.
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