We do not need government and bank any more

[DarkPiltover]

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.

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[itsik78]

I think this is a risky idea. People are simply not ready for this. Although now comes the age of AQUARIUS. In which banks and governments may really not be needed

[oddsig]

Need some government, but only in the sense that they Facilitate infrastructure and safety to it's citizens within their own borders. Too many governments are exceeding their mandate on behalf of the few and have breached the social contract entrusted to them by their citizens. The banking system, as it is today, is another tool for the few and I sincerely mean that we need a decentralised system of payment that's not controlled by anyone.  

[munnamii2000]

This is not right although we have the crypto world ahead, but we still need the banks. Banks may be beneficial when there is crisis in the crypto market enabling you tge safe money in your pocket. Free from market ups and down.
So both plays crucial rules in tge modern world.

[Ozero]

Whatever good technology people have invented, however, we can not do without the state and the government, and the state and the government can not do without banks. If you do not need banks, it does not mean that they are already not needed by anyone. Therefore, whatever we write here, and governments and banks as part of the state in the foreseeable future will continue to exist for the time being. Even not all citizens can do without banks, and the government without banks will not be able to solve any issue of the economic and financial plan. The Crypto currency has just begun to develop and it is still difficult to say how and in what form it will continue to exist. Perhaps it will be a combination of crypto currency, physical money in the form of banknotes, or something else. So do not make such hasty conclusions. Crypto-currency banks will still be mutually beneficial to cooperate with each other.

[vivuta110]

we still need banks, if there is no banks then where do we get money when we cash out our funds in cryptocurrencies? Always put it in mind that crypto is still using banks and pawnshop outlets in order to have money.

[felmitof]

Personally I am a crypto enthusiast and I'd lik to see blockchain adoption in some of human activities, I don't think that you can completely replace governments and banks. the bank hust wants to win on its own.         

[surgical_duude]

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.

Althought cryptocurrencies are growing strongly, we have not completely avoided the scammer. We still need government. Maybe in the future, government and banks will use Blockchain technology.
People belive in banks and government because they are responsible for your money. In crypto world, who will be responsible if we lose money?

[carrie_white]

I do not really agree with you, because it's not very true, because banks have some advantages that can not be obtained from the crypto, such as bank interest, loan funds, home loans / vehicles, and save money in the bank more secure than in the form of crypto

[NWPsolution]

I don't think that what you said will happen. The government will not allow such things to happen. Although it is decentralized, it is inevitable that there will be people or organizations that are centralized and cannot resist. Join NWP Presale www.nwpsolution.com

[raiderking96]

I'm a little bit disagreeing, we still need the government, because we as citizens then everything will depend on the government, and we need a government that can legalize cryptocurrency.

but we do not need a bank if the blockchain and cryptocurrency technology has been applied in all fields. then I'm sure the bank will switch too.

[metazort]

The bank is a gigantic financial institution throughout the country, but they can not offer services to all people in the world. That's why cryptothermia is banned in many countries, as governments see them as a danger. The government wants to control us, but now they can not do this anymore.

[blockchainwriters]

yes, I agree. Existing banks were little monotonous and trying to decide even the amount of expenditure that we spend, for eg; rate of interests that we pay on loans, and other exchange rate fees, etc. Crypto curency's development is giving a new pathway for the whole financial-technolpgy industry. I think, governments and banks must welcome this currency truly and adopt to the changing trends in the technology dvelopment in the society.

[honghe99]

Can I think this is anarchism? I think human beings at currently are still unable to achieve anarchy, no bank, and our civilization is not that high.

[jacafbiz]

There is no doubt Governments all over have their shortcomings but beware of what you wish for, Looking at all the projects that have been marketed in this space apart for BTC  (the store of value) purpose all of them have not delivered on their promises. The picture you are painting is not possible now maybe in the future

[AUruHM]

Guys, are you actually so naive? Banks and govs are one whole now. And not all people in crypto. And govs are not laws only. What about medicine, learning, science etc? Will you send part of your profit every month on it? People who think that all world is crypto only lives in the dreams. It's dangerous

[BrentMack]

Just because cryptos have given you a way to keep your own money does not mean that we no longer need banks and governments. Who will pay the policemen? who will run the public hospitals and pay the workers and make sure everything is running smoothly? Are you planning on doing all of what the governments do with just your cryptos? Will your cryptos protect you? Don't be ignorant

[bomakot22]

yes i agree, we are in the middle of a revolution, crypto will have the same impact on the world as internet did. it is already big and it will continue growing as more and more people adopt and the tech develops and matures.

[markcruz5554]

People cry to some government agency every time they get scammed still, can't have it both ways.

[Akichiva23]

The fact that crypto is booming and blockchain is taking over doesnt mean that we no longer need a controlling institutions.,there are still lots of business thatneeds the government and the banks, things like national planning and budgets stll need expert planner in the banking system