We do not need government and bank any more

[myortvyje]

It is still too early to talk about this. We see how any negative decision of the government can bring down the course of bitcoin. Very few people are now in the cryptoindustry. We live here and it seems to us that we are many. But go out into the street, ask people about bitcoin, blockchain. Few people will answer you

[VackFromOhm]

With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.

I couldn't agree with you more. I think that we're going to see a lot more fightback from the banking system especially as they slowly realize that the age of cryptocurrency is going to take them by storm and that we're going to be able to truly take back our currency for the people.

[Casdinyard]

i dont think so, we still need government and bank for support and watch that crypto movement, i think crypto if nothing can regulate it will face his ending.

Indeed and if the government can't regulate cryptos, we as investors don't have any protection like laws that can use to caught some dirty deeds.

Whether we like it or not, we still need government and bank to help us through as cryto currency is young and fresh and with the help of them we can achieve mass adoption that crypto currency really needed.

[Utyg]

I fully agree with you. Since modern society no longer needs to be supervised by the state. Since this state machine is only capable of destroying and coercing. At the head of which the most are stupid and not educated people.

[eriwis]

I do not think it will happen. Maybe now only 1 in 40 people have access to kriptocurrrncy. Even if everyone has a cryptocurrency we will still need a bank and a government.

[AiwaDima]

States will continue to make attempts to regulate this market because they have no benefit from this market. But they will not succeed

[ak49er]

i dont think so, we still need government and bank for support and watch that crypto movement, i think crypto if nothing can regulate it will face his ending.

Indeed and if the government can't regulate cryptos, we as investors don't have any protection like laws that can use to caught some dirty deeds.

Whether we like it or not, we still need government and bank to help us through as cryto currency is young and fresh and with the help of them we can achieve mass adoption that crypto currency really needed.

Everything is in your hands, only you are responsible for the safety of your funds, so you need to comply with security measures and be responsible for investing in questionable ico

[lawalganiyu]

In my own opinion I think we still need the authorization  of the government to make it a legal deal for everyone. It should  be noted that any movement  without government  is of illegal in dealing. In this I opined we need government  in intervention

[Sri Asih]

I think the third party is not as bad as you think. Blockchain is a technological innovation that may change the future banking system. But blockchain also has weaknesses. They certainly want to keep up with technological advances, but they also have interests and responsibilities. Hopefully they can compromise in the near future.

[moonriver]

Although I believe in blockchain technology, I won't go that far to claim that we don't need government.
Without government, how can its job be done?

[makawa]

I think blockchain technology is likely to be adopted by the bank industry. But that may happen gradually because I think the current system is very well established and needs a gradual evolution to apply the new system.

[Endank]

With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.

I think banks are not just moving on funds transfer transactions or money exchange. Bank is a system that regulates and is responsible for the economic wheel of a country. Banks raise funds and distribute them in loans to drive the economy.

[Turkish88]

If we dont have government we go to the primitive communal system of full chaos.
We go to the fully market world. What you think what will be with handicapped and pensioners?
 

[Jon lang]

I think you are slightly confused. Banks, governments and blockchain is entirely different things that is why you cannot compare all of them based on the relation between them. First and foremost, the government is the main authority that a country or a nation has. A government is doesn not only holds and supervises the financial and economic sector of a country but also its political local and international affairs, the laws, regulations and such. Governments are created as an embodiment of its people ideas and welfare. Without the government to organize things, everything will be left in chaos.

As for the bank, the bank is just an institution in a community that regulates the flow of money. They are the ones who accepts deposits from people and then lend loans when needed.

As for blockchain, it is composed of blocks or a record of transactions and connects to the chain, which of course creates a block chain. Thus, allowing any information or transaction decentralized and publicly available to everyone.

See? They are all entirely different.

[silver23]

What
Why

I think we need a bank.
Yeah we know this crypro no need a bank.
But, in real life we need a real money too.
So im not too a gree with your opinion.

[valeria isa]

Before the blockchain may not be dependent on government, the government will find ways to control electronic money first. E-money involved in payment activities must also be approved by the bank.

[Dalziel Martinez]

 I do not think blockchain can replace bank and government. If there is such a day, it is really far.

[macchiato]

You have some valid points there however there are also some disadvantages of using blockchain technology and deleting the usage of bank and government services entirely. Identification cards are necessary for determining clean records. If we use blockchain at all aspects, who are we to determine whether we are dealing with criminals? Blockchain supports pseudonimity. We can't track people who tricked us.

[maydna]

it is not good if there are no governments and the banks among us because who is in charge and control the country? besides that, bitcoin is not a government and bitcoin is only "something" like currency and it's not available in all country and still a few countries that accepting bitcoin. we still need the government and the banks because people still believe that the government can control the country (even if they are corrupt) and people still saving their money in the banks.

[Vanopest]

We need this government and banks, without anything to opposite in that. Banks there to hold and manage peacefully fiat