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Author Topic: Is Bitcoins goal to end governments?  (Read 2104 times)
Nerman
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December 12, 2017, 06:18:21 AM
 #21

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)

Bitcoins goal to end governments? This is really a ridiculous question because  Bitcoin will not end any government, this is not going to happen. Politicians are smart and if they think they can use  Bitcoin or crypto currency  to their advantage they will use it (those greedy bastards).

Even the oldest tribe has some form of government because if they do not have one there will definitely chaos on that community or country. I do not agree on all the things that my government do but love them or hate them we need them and that is the sad reality specially if you are coming from a corrupt government.
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MarconyGL
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December 12, 2017, 06:21:46 AM
 #22

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)
Bitcoin will put an end to the banking system, and therefore very badly hit the economy, and so not the government but ordinary people will suffer. One has to think about this, that many people trust banks and accumulate paper money, but what will happen with inflation or even hyperinflation.

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December 12, 2017, 06:24:51 AM
 #23

Not the government. What should end is that the banks and the money are circulating today. The amount of money we spend is due to the corruption of governments. We need to see where the money we pay for tax. Where and Who holds it Where it is used. To be good and secure the money we pay On tax.

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December 12, 2017, 06:32:51 AM
 #24

I have seen many people say that Bitcoin will end governments.
Lol this sounds political to me, as far as I know, bitcoin has no intention of ending any government whatsoever. Bitcoin is about financial freedom and a way to cut down on unnecessary fees by removing middlemen, and the alike.
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But do we really want that?
I think most counties today are based on democracy and which i think is true and fun fact we the people are actually the government.

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December 12, 2017, 06:35:28 AM
 #25

Bitcoin is invented as a investment tool or as a medium of exchange. Its main purpose is to reduce the problems faced by common people in their day to day transactions. It is a decentralised cryptocurrency controlled by investors and traders, so how it can end any government. Infect a government can end bitcoins operation in their country. What bitcoin can do is to create threat or create competition for the current banking system.
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December 12, 2017, 06:41:33 AM
 #26

Given its fundamental problems with high fees, block size and blockchain bloat, I don't see that its achieving its aim to become a currency and payment system.  It's no chance of ending government.
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December 12, 2017, 07:18:52 AM
 #27

Absolutely yes! The only purpose of bitcoin existence is to eliminate and destroy all governments of this planet! This is why all governments fear it so much!

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December 12, 2017, 07:47:31 AM
 #28

End banks, yes, because bitcoin doesn't need banks to be used. But i don't thinl bitcoin will end governments, because governments don't only have to regulate money in a country, and apart from economy, other ministries still need to be organised and bitcoin won't play a major role there.
You're correct when you said bitcoin won't end government because every country or region need a leader and I don't see bitcoin end money either which I disagree with what you said. But I see bitcoin end financial and economic crisis.

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December 12, 2017, 08:04:02 AM
 #29

I never heard of anything that tackles about Bitcoin to end the Government. First, How can Bitcoin end a Government? It's delusional, We all know that Bitcoin is a digital CURRENCY. Let's say we enter into your world and Bitcoin really ended "The Government", who will govern a country? Isn't that chaotic? No laws, no barriers, no regulations.

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December 12, 2017, 09:08:00 AM
 #30

I think bitcoin's goal is to be decentralized, but I don't think it aims to end governments. Without the government, there will be no way to maintain order and to impose justice.
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December 12, 2017, 09:59:26 AM
 #31

Not really. It seems to me like it was always set up as a trustless alternative. I don't think Satoshi ever claimed that he wanted to bring down anything. It certainly has the potential to disrupt the status quo, and may actually threaten banks in the long run.

Either way, governments themselves have started to accept that Bitcoin is here to stay, applying regulations and charging taxes for it. Governments and Bitcoin are going to coexist for the foreseeable future, nevermind what the anarchists say.

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December 12, 2017, 10:13:33 AM
 #32

I don't think that is the main reason why the bitcoin was established was that to eliminate the government because even though our officials in the government are corrupt and abuse a country would be disarray without someone leading or ruling them. I think the very reason why bitcoin is created by its developer to encourage people in investing, and provide convenience to people's everyday life, by having freedom in your currency without intervention from any government or third party persons.

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December 12, 2017, 10:52:22 AM
 #33

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)

Not to end government completely, but to just end total government control of the monetary system.
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December 12, 2017, 10:57:25 AM
 #34

I don't think that bitcoin can end any government
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December 12, 2017, 11:02:28 AM
 #35

Hi,

I don't think bitcoin will end government. Banks and financial institutions may be weakened by bitcoin, posibly erased from our habbts (for the best) but bitcoin cannot replace a government. Especially, in coutries where the government provides public (free) services such as school, healthcare, and so on.

Bitcoin is a way to get rid of a power managing and makng all decisions about money. As bitcoin is not controlled by an individual, it is supposed to be neutral, incorruptible. But it is not enough to rule a population!  Wink

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December 12, 2017, 11:12:52 AM
 #36

Absolutely not, governments are always adapting to society, if there is a more technological society governments will adapt to it.
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December 12, 2017, 11:21:39 AM
 #37

I think the BTC, is a great technology, but don't have the power to eliminate the government. Because the government is so complex, and act at a lot of systems, like health, education,
infrastructure...  Changes will happead, but not so extrem
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December 12, 2017, 11:32:16 AM
 #38

Ridiculous!!!

How can Bitcoin end government? Bitcoin is the revolutionary currency that is sure to bring DIGITAL REVOLUTION soon. But this revolution in no way can put an end to existent government. It can bring changes in the economic system of a country and bring new policies and legislations, though!

I don't think so. when their citizen use all their money to buy Bitcoin or their work's payment is bitcoin,then government didn't has record of their money right? So government can't force their citizen to pay tax because Bitcoin is anonymous


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December 12, 2017, 11:33:17 AM
 #39

Thats not what bitcoin want.. Satoshi created bitcoin to have new currency that government cant control to give people opportunity to ear and get profit to it.. Bitcoin is to help the government give jobs to the home based people and not to destroy
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December 12, 2017, 11:41:18 AM
 #40

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 bitcoin will not end governments. I think bitcoin give the opportunity to people to manage their own finances without any of government interfere. we can spend or receive money without any border and without limits. the infrastructure we need is the internet, without internet, we cannot use bitcoin. if government realize that from bitcoin, people can solve the poverty and they can solve their problem in financial and people will free to use their own money.

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