Is Bitcoins goal to end governments?

[plaintiff77]

It is a big no. Its purpose is to help people get involve in online earnings specifically in bitcoin and not ending government. In fact government itself gets benefit from bitcoin, they would definitely not stop bitcoin as well since it already dominates our present economy.

[shoujiuhaituo7]

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 the goal of bitcoin is not to end the government, but to protect the interests of every citizen. The goal of bitcoin is to end this unfair monetary system, and the central bank can print money and plunder your wealth without your consent.

In the BTC, these rogue states will no longer exist. Bitcoin is a monetary system that is completely out of the bank and runs on the Internet. Even the government law enforcement agencies cannot seize or confiscate BTC.

[jeldzrey16]

Hm.. I dont think so, but many government facilities will be affected with bitcoin, because they dont need like banks to transact using bitcoin.

[tot-o]

Nope. I thinks bitcoin was created not to conquer or to wipe out the function of the government but to work with it and to function freely around even with the government itself.

[senin]

As far as I know, never the goal of bitcoin was the destruction of governments, states as a form of government. The assertion that the crypto currency can lead to the destruction of governments is generally silly. This can not happen in principle, because the crypto currency can not. People have always united in states and this form of social organization has not yet been changed. The rulers of states withdraw or overthrow them, however new ones come to their place, and the state and the government remain. If the crypto currency will swing at such a form of government, it will immediately be outlawed with all the ensuing consequences.

[Kousei23]

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)

Nope. I don't think so that bitcoin goal is to end government because we all know that bitcoin is here just to help us, rhe people who doesn't have any income generating things that may helps us to support our everyday need, especially financially. We all know that bitcoin helps us in positive way and do not intended to do some negative actions.

[drukoz2]

The purpose of bitcoin is not to destroy the government completely, but only to make our lives more convenient through a single digital currency, the safest of existing ones. The government will find something to do.

[qtronix]

I don't see the connection between the use of bitcoin and the disappearance of the government. Banks will be reduced as fees are now will not require their direct participation, but the government will remain intact.

[zhanyiguai261315]

The decentralization of BTC is not the end of government!

The purpose of BTC is to prevent inflation and protect people's property from loss!

People use BTC to conduct their own transactions, avoid financial intermediaries such as Banks, and save their transaction costs!

[Firbolko]

absolute stupidity. bitcoin will not be able to do away with governments

[Rotsor]

No, Bitcoins goal is not to end governments but to provide freedom to the people with their money and get them out of the clutches of the banks. Bitcoin was made to remove the need of banks and create a decentralized currency whose owner will only be the people themselves.

[ostrovagaly]

Although bitcoins are free from government and generally considered free currency, it does not depend on it and the government can not exactly influence it.

[Lenzie]

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)

Who among the people in this forum would said that? Isn't that over achieving? How can bitcoin end the government when money is not the main reason why the government is existing? Even wars that are much heavier than bitcoin could not end the government.

In what reason will bitcoin do that and what is the purpose? Bitcoin is created to ease transaction and for convenience of payment. I can't see how it will ruin the government unless of course put into the hand of the wrong people.
If the impossibke instance came that bitcoin has ended the government, who will hold the foundation of the government? Those that attain a lot of bitcoin? And who will be the peasant? Of course the less fortunate individual.
And btw, that scenario is happening always even without bitcoin.

[hugeblack]

The main reason for the creation of the Pitcairn is to support decentralization and to remove the restrictions imposed by banks and not to get rid of governments.
If you notice that Bitcoin appeared after the global financial crisis and the problem of trust with banks.
Satoshi designed this system to conduct transactions and payments without the need to resort to a third party must be trusted.
Bitcoin is not intended to destroy governments but to achieve communication between peoples

[sorrowfulnightcries]

I don't think bitcoin has a goal like that nor the power to change the government itself since bitcoin some how do not have a group of people governing it. Bitcoin has been great in changing and giving the people a new look on how currencies should be and its existence is for that matter. I don't see the need for bitcoin to overthrow the government much more take part in anything political.

[cunguks]

I don't know exactly what Satoshi Nakamoto wants to achieve from bitcoin. It may be as mentioned earlier, to avoid intervention from the government. But I think, Nakomoto seems to have something bigger that we don't know. Clearly, he wants a more efficient financial system.

[fulmetal08larz]

The idea of bitcoin came from cypherpunk which gave Satoshi Nakamoto an idea to eliminate third parties in monetary transactions between peers. It does not aim to abolish the government but to gain trust between people transacting with each other. Those who are saying that BTC's goal is to destroy the government are probably just conspiracy theorists.

[daarul50]

I do not think that bitcoin aims to destroy the government but the purpose of bitcoin is to change the system of transactions applied by the bank. Most societies and corporations in various countries have always complained about the banking transaction systems that use large transaction fees and taxes when conducting fiat transactions in large quantities. Bitcoin is present as a solution to the problem and hopes blockchain technology applied by bitcoin can be glimpsed by various countries to be the solution of the problem so it is not possible bitcoin can destroy the government, bitcoin is present to help the government in the economic sector.

[SeniorRalap]

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. Bitcoin is unlikely to end the government, and its goal is to end the bank, which is to change the world's monetary system. But I think it's hard to do. Because the currency is controlled by the government, it is hard for bitcoin to overthrow the existing monetary system.

[laurenB7742]

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)

Well, I really don't agree with this fact that BTC or any other cryptocurrency can end government. Majority of governments worldwide are cracking down on BTC and other cryptos as it won't benefit them to shift the entire financial system to cryptocurrency. The only way government will accept crypto is once it's regulated, something not acceptable to the crypto community.