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Author Topic: Is Bitcoins goal to end governments?  (Read 2140 times)
ajeef
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April 29, 2018, 06:27:55 AM
 #421

I don't see connection here why would Bitcoin try to end governments. Bitcoin can first only  replace our digital money that already exist (visa,mastercard,paypal) and huge success for BTC would be if can replace our fiat(usd,eur...)
Ramtapsbtc
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April 29, 2018, 09:01:13 AM
 #422

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.

Bitcoin doesn't end banks or governments. It will help the government to rise because people can now have an other income with bitcoin. In other words  each families can now support there needs without relying in the government.
wladsem555
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April 29, 2018, 11:55:04 AM
 #423

In my opinion, it should be accepted that bitcoin was created as an innovative technology, which is based on blockchain. The purpose of its creation is not to stop the government. Bitcoin simplifies the implementation of transactions, facilitates the conduct of on-line banking calculations. The government has its functions and can regulate the scope of the crypto-currency, including the mechanisms of taxation in the field of crypto-currency.
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April 29, 2018, 12:07:56 PM
 #424

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 government shoul accept and legalize the bitcoin. The bitcoin is the future currency, it is a the future technology. No country refuse it, the future it will needs.
eolitic
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April 29, 2018, 12:09:52 PM
 #425

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 will never happen, my friend)) no doubt, blockchain is very potential and can replace many systems of our world. but not governments)) nope)) never. first of all, they would never let this happen.
venlo
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April 29, 2018, 12:27:31 PM
 #426

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.
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April 29, 2018, 12:33:16 PM
 #427

I don't see connection here why would Bitcoin try to end governments. Bitcoin can first only  replace our digital money that already exist (visa,mastercard,paypal) and huge success for BTC would be if can replace our fiat(usd,eur...)

Right, I also cannot see why bitcoin will end governmental system. Without system this world will turn to chaos for sure.
Bitcoin was created to make human life better, to complement the existing payment system not replacing it. Crypto for now work best in the case of overseas transfer

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April 29, 2018, 12:41:55 PM
 #428

Yes, I believe Bitcoin has a lot of energy in the future, I am not sure who it uses, because it is the way to get Bitcoin deposited. My money is very quick
The crypto coin gold will soon begin to include the bitcoin in the national bank's reserve, because it will be the correct idea of ​​government
GamingBro
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April 29, 2018, 12:42:39 PM
 #429

I don't think this way, bitcoin is just decentralized cryptocurrency created for people. The main purpose of bitcoin is to exclude government and other third sides from deal.

Lakshitha1977
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April 29, 2018, 01:12:12 PM
 #430

Simple answer for this is Not in out lifetime, It will take a lot more time for bitcoin to take over the world if that's ever gonna happen, still don't forget governments have full control over peoples lives, so it will never be easy, when they see it as a threat to them, governments shut down those projects and ban people from using them, and they will stay in control.

So either governments or Banks will not going to close because of bitcoin, the chance is to happen other side of this, Central banks and governments can really shut down Cryptocurrency. So no need to think of that or spread false rumors, just make your profit while you can and invest in real life projects and stay under the radar as long as possible.

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stephanirain
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April 29, 2018, 01:18:12 PM
 #431

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. Why would bitcoin will end the government if it is just a currency. The only aim of bitcoin is to be the worls no. 1 currency and to be used by everyone. I think bitcoin can only end banks because blockchain is more better than any other banks, so there are no reasons for bitcoin can end the governments.

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laryillary
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April 29, 2018, 03:15:10 PM
 #432

The goal of the developers was to create a system of completely irreversible transactions, when an electronic payment between two parties takes place without a third guarantor party and neither of the parties, including any external administrator (bank, tax, judicial and other state bodies), could not cancel, block, challenge, or force a transaction.
Tilim@Tilim
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April 29, 2018, 08:42:27 PM
 #433

Crypto is unstoppable one day it will overcome all opposition. Let's see what happens next.

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baho11
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April 29, 2018, 10:06:47 PM
 #434

I think bitcoin goal is not to the government , bitcoin is cryptocurrency this all about business and investment and if were talking about government , government is all about nations improvement .If both  government and bitcoin will combined that would good .
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April 29, 2018, 10:08:03 PM
 #435

btc has not the power near the mission to end governments rather with the new blockchain technology governmetns could have more access in control and update it for themselves.

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Ishiro5
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April 29, 2018, 10:40:41 PM
 #436

Certainly not, we would always need government of some sort in every human society just to balance things in other spheres. But it may drastically reduce the degree of government control on people's finances and economy in general. I believe the best is for both to correlate.
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April 29, 2018, 10:49:07 PM
 #437

Hmm, I found it's quite irrelevant that Bitcoin's ultimate goal is to end government. It's an "mission impossible" to end all the governments around the world, unless there's a bigger united force that able to take control over the world.

So, it's unlikely for Bitcoins to put governments into the end...

Bitcoin concerning about digital currency it has the source to improve new technology of the world and government has it's laws that people follows on it they have different options to make a progressive world.
Ethan Argu
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April 29, 2018, 11:13:28 PM
 #438

I think its impossible because goverment is the center how the community growth and improve. Bitcoin can't destroy goverment it would not easy to do that. I think bitcoin will improve the goverment in field of transaction and build infrastracture it will be a source of income to have a better future in a country.

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April 30, 2018, 01:04:48 AM
 #439

for the security and smoothness of bitcoin, it's supposed to be watching, everyone is afraid of losing money, because there is nothing to manage, if if the government set the bitcoin correctly, the bitcoin price will go up
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April 30, 2018, 01:19:56 AM
 #440

Its not true, bitcoin goal is to improve more power to blockchain technology and help the users to improve their lives and not to end government, the government is the one who protect the people in economic growth of the country, they have different aspects.

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