Is Bitcoins goal to end governments?

[farukahmed]

There's a lot ways someone can keep bitcoin most of them are safe and some of them are even safest as example various online wallet service like coinbase provides service where we can keep our bitcoin safe but there's more safest system available such as external portable wallet available where you can keep your bitcoin and you can carry it anywhere you want. This method made bitcoin reserve even safe as long the portable device is safe the bitcoin will be safe. Then again online wallet services now providing more secure method like two factor authentication that made bitcoin transaction more secure and safe.

[Mumbeeptind1963]

No, Bitcoin will not stop government but will rather help government in running  their business if they will incorporate blockchain in their system. Blockchain will reduce or stop fraud and make government transaction processes faster.

No basically it's not at all! Bitcoin's general goal is to be a means of earning to helpdo a lot of people. It could be way of currency to just how it is right now. I don't think that its capability of beingit decentralized means it will end government. There's no way and point that bitcoin is about to do that. It's just a fake news.

[luis dvmd94]

That's impossible, unless you are thinking about maybe debalancing the economic flow run by those said governments because they will not be able to tax Bitcoin transactions, which will maybe close a few banks.

[Jackblack90909]

No, Bitcoin goal is to facilitate the financial transactions around the world, and to offer people a decentralized currency out of the control of governments and banks , different than used fiat currencies.
And thats why it is still very attractive for so many people and new comers every day almost.

[Aryadwipanggah]

The initial goal is to create a bitcoin yes as a currency not to end the government. From the side where bitcoin can destroy the government, economists do not. Bitcoin absorbs only 1% of the country. So I do not think there is any indication that bitcoin can end the government.

[Gameroid]

No bitcoin was not created to end or eliminate government. I believe that bitcoins original goal is be used as a currency or a mode of payment with every transactions being anonymous therefore no other third party will benefit or implement hidden charges. With that reason banks and government hates bitcoin because they can't make money out of every transactions made.

Bitcoin do not have any concern with any government, it is only created as currency which can be use for shopping online as well as for offline shopping in  our local shops, i think that very soon bitcoin will become more popular and then more and more people will come to  know about bitcoin and they will also start using bitcoin, because it is more easy to use online currency as compare to fiat currency.

[FlightyPouch]

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. It's here to end banks. Yes, if blockchain is applied also on governmental level, it can end the governments as we know that, but we're no there quite yet

Banks? How can you say that? If you are thinking that Bitcoin will end banks because it is decentralized, you are wrong. IF you are saying it like that, that means you are also implying that money or fiats will also be ending which is impossible.

Bitcoin will not end government nor banks. Bitcoin is just a technology aiming to make our transactions and financial experiences more efficient and comfortable though it is now an asset and people are just earning it to earn money.

[djselery]

Bitcoin's goal is to end the control of currencies around the world by the governments and banks. Thats why people started to deal with BTC whenever it is possible instead of dealing with their centralized fiat currencies.
Of course this is against the interests of most governments which want to support only their fiat currencies controlled by them.

[dynospytan]

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)

This is hilarious! Lol. Don't believe to those people who are saying that bitcoin can end government. It will never going to happen. Never. Let's visualize the situation of this scenario when it happens. Let's say bitcoin ends the government, what do you will going to happen? Of course it might lead all the country into division or the worst thing is war. Imagine, without a government? who will govern us? who will protect us? who will fight for us? Right? So it is impossible to happen that bitcoin can end government.

[tansoft64]

In my opinion that the creator of bitcoin want to change the world, it doesn't mean to end the government but to help people to have control of his money thru digital currency, to sent currency to other people with anonymity and without the aid of the banks.

[Kola]

No need to end it, but we need to improve it, more transparent operation, no possibility to steal from the budget, people have to see where are their taxes go, we dont need anarchy, we need fair world, and decentralised technologies will help with it

[THATBTC]

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.

Yep, I think the same

[InvestICO2L]

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 end governments" I had heard many time but i don't know how to Bitcoin is end governments.
As far as Bitcoin released in 2009 after the financial crisis 2018, the purpose of the bitcoin founder generate a coin which is decentralized ,is not controlled by bank center and government, this is mean Bitcoin was generated to replace the current paper money and help the economy is stable, not to destroy government.
We need have government because the government manage many field of society, not only economy. But Bitcoin only impact on the economic field so Bitcoin will not end governments.

[vitimers]

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 can put an end to banks but not governments. Politicians will never let that happen and weaker section  has become addicted to being ruled.

[Genamant]

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 cannot end governments. It may render banks useless but that is still far from happening. You control your own money and that is why banks hate bitcoin. Lots of people are investing in bitcoin and not in banks.

[roshanface123]

Bitcoin is not an enimy of governments. But some times bitcoins governments of some countries play a role as an enimy through restricting and banning it. I believe bitcoin can't treat government as an enimy and never think to end up governments.

[KingScorpio]

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)

the most power full governments will lose the most powers due to cryptocurrencies.

imagine the american parliament isnt able to print unified money, for its decisions, missions, expeditions.

this means of course that those governments lost a lot of power.

it will of course then be very negative also for bitcoin if there wont be govenments around anymore.

[jayco25]

To end goverment is really not related to the goal of blockchain. The aim of bitcoin is to use in real world. They want to change the traditional banking syste, that is the purpose why a lot of you coin now. They insist that Blockchain is better than Bank in term of transaction fee, speed and you can directly transact to people anytime anywhere in world.

#Taklimakan

[gogrowglow]

Every country needs  people of their own to lead them.  These leaders are the one who lead and make rules for people to follow. They are the ones who are called the government, because they have powers, they can do anything they want in their country and so others currupt and steal the wealth of their country.  With Bitcoin, the government cannot steal the money of the people.  Bitcoin is not here to end the government instead Bitcoin is here to help, because it is decentralized nobody can control it.

[Budugbass]

Bitcoin is not an enimy of governments. But some times bitcoins governments of some countries play a role as an enimy through restricting and banning it. I believe bitcoin can't treat government as an enimy and never think to end up governments.

Basically.., it doesn't mean the enemy, but it's more lucent on some things consideration of everything that can be inflicted on the government associated with all things associated with bitcoin including its nature until the government forbids it. Well, the point here is that bitcoin is not aimed against to the government, it develops naturally over many responses.