Is Bitcoins goal to end governments?

[keithieY5]

End banks, end exchange and end paper money yes.

bitcoin have zero problem against government only future money.

[thelastone]

in my opinion it is impossible ..
bitcoin has not yet mastered the world's finances. and bitcoin in the design is not to destroy the government. the government system is very strong and smart, what else finance .. and even they have financial intelligence to monitor the state financial situation.

[likeBTC]

It was writen on the real Whitepaper of bitcoin, well, Satoshi didn't meant that he wanted to end governments of banks, but he wanted to replace that type of economy with bitcoin, obviously that it is going to be impossible, but who knows? Maybe he did not even expected to see his project increasing by more than 100000%

[shacc]

to mention that the more governments try to outlaw bitcoin the more the demand for bitcoin will likely increase
governments can ban bitcoin, but whether they can fully destroy it depends on how aggressively they discourage its use

[GreenBits]

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, we dont want this, despite all the armchair anarchists that exist on the board. basically, there is no point to bitcoin is government has largely collapsed. to hell with a bank, to be plain, but even they are a necessary evil at this point. but in reality, bitcoin is a freaking program, not a movement. it wont topple a damn thing; a gove will instantly outlaw bitcoin if it becomes a real threat. so bitcoin may change the way we look at money, but bitcoin is not about to be a revolution LOL


and with this tax reform passed, the stratification of wealth in society will get even worse use bitcoin to leverage your wealth, the window to be "great" is rapidly closing, folks.

[holegordon]

Bitcoin doesn’t necessarily attack the government. Instead, it focuses on the monetary policies. It is a threat to them because unlike other currencies, it is not regulated by the government.

[DrakeDG]

I don't think bitcoin was made to end the government or even attack it. Bitcoins purpose was to create a decentralized currency wherein it can't be controlled or regulated by anyone. Its purpose was not to attack the government at all.

[bitfocus]

No, Bitcoin's goal is not to threat any government but to end the Central Banking Monopoly and giving people anonymous and decentralized crypto transaction power.

[Nellayar]

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.

It is true, bitcoin never be a threat to banks and government yet it was decentralized. Banks are planning to integrate bitcoin with their system and governments are trying to accept bitcoin in their countries. I assurely that bitcoin will change fiat currency someday but it is not fast as what we are thinking of.
Bitcoin plays a vital role on our economy nowadays however, bitcoin will not change the government because government is part of the state and the government ruled citizen to become unified and be essential part of our world.

[derekok]

The best comparison right now is gold which is an asset. However because bitcoin is essentially un traceable it can be used to avoid tax which could impact a government's fiscal policy.

[Silent Money]

Maybe ,,this is what satosh's plan and Idea to end the government and start each of our lives work for our ownselves and grow withour the governments..but for me its really hard to do that thing..It may be a chaos though

[Mpamaegbu]

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.

How can it end banks? This is highly impossible. The only effect Bitcoin or cryptocurrency will have on banks is to render them redundant and not totally abolish or end tye banking system. We do still need fiat in some instances when we exchange btc to be used offline.

[Fundamentals Of]

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)

That is not the goal of Bitcoin. Bitcoin is not really that directly hostile to the government. It might be perceived to be like that but we should not insinuate Bitcoin to be some kind of a sedition tool. Bitcoin is just an alternative form of currency which is digital and anonymous. And if some people are not keen on centralized system then they will enjoy and make use of the invention which is peer-to-peer.

[gabmen]

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.

How can it end banks? This is highly impossible. The only effect Bitcoin or cryptocurrency will have on banks is to render them redundant and not totally abolish or end tye banking system. We do still need fiat in some instances when we exchange btc to be used offline.

Exactly. Banks, governments, bitcoin doesn't have to end anything. Its revolutionizing an alternative way people can do transactions and the likes with cryptocurrencies and blockchain tech. I don't underdtand why it has to be viewed as something to end a current system

[Turk Ace]

No it's goal is to create a decentralized marketplace where we can trade in an easy to use virtual and safe currency outside of anyone elses control like we once use to do when we traded good and silver but now we have banks and things so there is little anonymousity. Bitcoin fixes this.

[Ahooleeman]

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)

It's easy, all infrastructure will work on chargeable mode. You'll pay for roads, medicine etc as ICO investments

[abanansah]

How is that possible? Government doesnt involve only dealing with currency. Even if Bitcoins become the only currency in the world, there is no way it can end government. Government will make regulations and intervene in Bitcoins to own it  or make people accountable for their use of Bitcoins.

[Dexion]

I think it will not happen, because after all the government will take action to block bitcoin, for some bitcoin governments is a threat.
and for some governments, bitcoin is the solution to improve the economy of the country.

[goaldigger]

I think you misunderstood it. Ive read that they want to end the ban that established by the government to bitcoin. They are more likely want to end banks tho. People just want to earn money with freedom and without a huge fees like we do but it doesnt mean they will end government.

[dimastegar]

Certainly not. Bitcoin is made to facilitate human transactions remotely (between cities, countries). Bitcoin is not meant to end government, but Bitcoin is made to make it easier for a country in financial affairs (and not all areas of government). Because Blockchain's technology is transparent, I think the government should emulate the technology so that corrupt country money is more easily tracked.