serenacalce
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April 27, 2018, 06:01:02 AM |
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I do not think it is to put an end to the government, but if we end the restricted system of the world economy, it has become a strong element that basically struggles against the common currencies and that is why it has won several governments as its main enemies.
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CryptoProphet
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April 27, 2018, 06:08:24 AM |
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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 that your conclusions are correct. The main motives are decentralization (the inability to manage them by the government), which gives a little more freedom to citizens in the sphere of finance.
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wasaisisisi
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April 27, 2018, 06:10:00 AM |
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It's true that many are like that, but actually bitcoin is not for such a devastating government. Every point of view is different. But i think bitcoin is made just to help people in need.
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serenacalce
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April 27, 2018, 06:19:20 AM |
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I agree with what you said because the reason behind bitcoin was not to end the government but to fix the problem caused by the government in terms of financial crisis save people from hunger.
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teklang01
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April 27, 2018, 06:22:06 AM |
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No, I don't believe that bitcoin is created to end government because government is develop to protect the people. Bitcoin also created to help people gain financial freedom. It is a powerful technology we can used to directly transact with another people anywhere in the world to send and receive funds headache free.
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Demughni
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April 27, 2018, 06:24:12 AM |
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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 am not sure. It is impossible, Bitcoin is the future currency. Crypto currency is the best payment.The government should accept bitcoin. no reason to refuse the future technology. In my opinion.
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Elai101
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April 27, 2018, 06:24:51 AM |
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I agree with what you said because the reason behind bitcoin was not to end the government but to fix the problem caused by the government in terms of financial crisis save people from hunger.
Yes, bitcoin is not against government and what make it negative from the government is because it is a decentralized system and that is for security of bitcoin system, I believe that bitcoin is the product of world's technology innovation and someday all people realized the importance of crypto currency.
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hacking13
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April 27, 2018, 08:02:07 AM |
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Bitcoin like any other financial institutions does not have any means or future plans of ending government. That wont be possible. Because to an extent, the government of nations can still control the bitcoin system whether liked or not. However, Bitcoin system/cryptocurrency trading can affect banking system in later years because it doesn't need bank operations to work.
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virasog
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April 27, 2018, 08:06:38 AM |
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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 know why you're comparing bitcoin with government. Why would bitcoin end the government?. Are you asking this because bitcoin is volatile and can not be control by government?. If yes then my answer is same NO. I believe government soon found some way to trace transaction. Governments have all power and they can do anything. If they want they can ban bitcoin forever.
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Ronaldcoin2017
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April 27, 2018, 08:14:19 AM |
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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 know why you're comparing bitcoin with government. Why would bitcoin end the government?. Are you asking this because bitcoin is volatile and can not be control by government?. If yes then my answer is same NO. I believe government soon found some way to trace transaction. Governments have all power and they can do anything. If they want they can ban bitcoin forever. Yes I agree on that, bitcoin cannot end the government but it can help the government, comparing bitcoin on government is not necessary maybe we do not have to compair bitcoin to government because they are not the same. Government is the one who can make currency while bitcoin is a currency. I think the maker of the currency is more powerful than the currency itself.
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Crazygreek
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April 27, 2018, 09:05:50 AM |
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I think that bitcoin have no any goals, people can use blockchain and bitcoin for many useful stuff and governments can do the same. In future national currencies can be easily based on crypto.
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irenegaming
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April 27, 2018, 09:27:43 AM |
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No, its main purpose is to end the monopoly of governments and banks from peoples money and make the people the sole owner of their money. Also Bitcoins purpose is to provide the ability for the unbanked and poor to be able to send money to anyone they want and also store it in Bitcoin.
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Petmalu001
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April 27, 2018, 10:34:20 AM |
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Well bitcoin was designed to be uncensorable digital cash that could operate outside the existing financial system. Different actors across the ecosystem
have their own goals and objectives, but in-and-of-itself there is no overarching ‘goal and objective of the Bitcoin economy’. It is quite anarchic in that
regard. Perhaps reassuringly. The end goal is to avoid rip offs from governments and a small amount of international bankers who has controlled the world
through money. I think the way to get bitcoin is a big issue for me.
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Mr.Dick
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April 27, 2018, 10:44:24 AM |
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I do not think bitcoin is meant to end governments, of course there are side effects such as btc provides a way of transferring money and dealing with money without regulations or taxes, but all in all, governments can use btc just as its citizens. So we will see in future how bitcoin affects the governments, but in my opinion there is no evidence that governments will be ended by btc.
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Tapyaks72
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April 27, 2018, 11:01:01 AM |
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I do not think bitcoin is meant to end governments, of course there are side effects such as btc provides a way of transferring money and dealing with money without regulations or taxes, but all in all, governments can use btc just as its citizens. So we will see in future how bitcoin affects the governments, but in my opinion there is no evidence that governments will be ended by btc.
Yeah bitcoin was designed not to end up the government but end third party intervention, but because of that government and bitcoin is some how a little bit contradiction because the government is usually aligned in traditional currency.
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minldem
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April 27, 2018, 11:02:25 AM |
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This is not the case at all i think. The current banking systems do not meet the needs of people anymore. High transaction fees and time have seen a burden for our fast daily lives. I don't say bitcoin is cheap a trade tool but find it better in lots of ways. Still, it can't be overtake governments, these are very different phenomenon. Bitcoin can't regulate social life and security of borders.
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friends1980
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April 27, 2018, 11:15:30 AM |
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I am not sure but Satoshi's vision was from a libertarian point of view, so you could at least say that he didn't see governments as very friendly concepts.
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Wintersoldier
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April 27, 2018, 11:19:18 AM |
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Bitcoin can works smoothly even with the presence of government. We could see that bitcoin is a form of currency which is likely to used by a country for them to have a form of market and transaction that could be a good point on starting a relation between the government and the system of bitcoin. We could also see that government want to get into bitcoin in some point that they could also have a good earning in bitcoin that could help the economy of a country.
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casternetwork
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April 27, 2018, 11:21:47 AM |
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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 was created not to destroy the government, Bitcoin was created to boost the economy to a new height, Bitcoin's application helps the payment network faster than the banks.
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popoyuyun
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April 27, 2018, 11:25:47 AM |
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Bitcoin that uses blockchain database is not controlled by a party, but is very open to the public. It would be impossible for someone to forge transactions in blockchain. All transactions are recorded directly, transparently, and spread over millions of servers. Those who want to change or falsify bitcoin transaction data, have to hack millions of servers at the same time. So there is not at all the usual manipulation done by the upper class. Because the government is usually controlled by the upper class.
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