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Author Topic: We do not need government and bank any more  (Read 2107 times)
rockyfeller
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June 03, 2018, 07:20:38 PM
 #381

There are people who manipulate the price of bitcoin and this are the government/banks and big institution. They know that fiat money is going down and no price at all. Crypto is the future and we need a good support on the whole marketcap so government will adopt it's technology.

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June 03, 2018, 07:34:54 PM
 #382

Unfortunately, or, fortunately, anarchy is impossible. As soon as there is no third party (government, bank), those who have power (weapons) will take an empty place.
Do not you understand that there is a state or a bank between two counterparties in any transaction? It is the guarantor with all its departments. If you exclude it, no one will protect the weak. The strong will take it all.
Blockchain will change our live, but the changes will not be as expressive as many think.

Showmethebtc
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June 03, 2018, 07:46:56 PM
 #383

No, future crypto currencies must coexist. Government banks will also participate. They will not ignore them, they are rulers, and rights protection is their protection. When the new monetary system is born, do not underestimate the previous monetary system. Moreover, the government is often mad.
megan57
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June 03, 2018, 07:47:40 PM
 #384

why do not you need the government and the bank again. is the very wrong person if you do not need the government and the bank.

SirEGB
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June 03, 2018, 07:52:39 PM
 #385

I don't think so. If we don't need government and bank when we lose our crypto balance where we will complain we din't know. We still need government to make a rule about cryptocurrency.
tresbien21
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June 03, 2018, 07:55:32 PM
 #386

I don't think that the government and the banks will dissapear . Not all the countries agree with the crypto usage by the population .
SirEGB
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June 03, 2018, 07:59:03 PM
 #387

in my opinion, it is impossible if it does not require the government and the bank again, because all our transaction process requires the Bank, for example when we get bitcoin and we sell it in crypto market, then when we want to melt in the form of eye, then we need to transfer to bank account.
xda-developer
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June 03, 2018, 08:04:21 PM
 #388

I do not think that various banks and governments are able to stop progress of technology, moreover, banks try to implement blockchain to the bank's processes.

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June 03, 2018, 08:26:22 PM
 #389

society is not yet ready to live without banks. People are not educated enough to manage their money themselves. need more time
mrsimons121
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June 03, 2018, 08:29:16 PM
 #390

States are always needed. There can be no life without government. We need a bank to spend the tokens we earn from the crypto money world.
Neutrality
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June 03, 2018, 08:33:50 PM
 #391

I think we still need government and banks because it's easier. how can you spend your crypto nowadays? or how will you explain crypto world to your grandmother? As we are still developing usability we cannot work without banks
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June 03, 2018, 08:34:02 PM
 #392

society is not yet ready to live without banks. People are not educated enough to manage their money themselves. need more time

I agree, many people do not even think that money can be stored not only in the bank. People are used to banks and will not be able to change their thinking, for the implementation of the crypto currency in everyday life it will take years in my opinion!

BitcoinFotw
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June 03, 2018, 09:32:03 PM
 #393

We do need government, there is no way that us being able to control our own money through cryptos means that we do not need governments and banks anymore
zero4five
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June 03, 2018, 09:32:58 PM
 #394

In our complex technological society, the life of every modern civilized person consists of a huge number of small comfortable dependencies. People can no longer interact directly with each other on all daily issues. In many cases, intermediaries are required. They make life very easy. If every person is lazy then more middlemen will be around him. Government and banks including.
Master Third
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June 03, 2018, 09:37:25 PM
 #395

Although the community of the blockchain is growing, I do not believe that this can be the answer of not having the government in a country anymore. Blockchain only solving the problem of third parties when it comes about money but not about solving the problem of illegal matters. And that makes sense why we need government.
Sarisang
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June 03, 2018, 09:37:50 PM
 #396

the Government and the bank will always exist and will not be stopped despite the blockchain. the Bank is the economic center of the country, this is a basic foundation of the economy of a country and cannot be replaced. Despite the great start blockchain and crypto but it is not a warranty this can be applied in all countries because it is still a lot of processes and policies that must be made include the still not evenly distributed technology development in various countries.
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June 03, 2018, 09:43:01 PM
 #397

In our complex technological society, the life of every modern civilized person consists of a huge number of small comfortable dependencies. People can no longer interact directly with each other on all daily issues. In many cases, intermediaries are required. They make life very easy. If every person is lazy then more middlemen will be around him. Government and banks including.
We need bank and government to introduce bitcoin as a legit investment, without them crisis in the society will continue . Yes, this kind of technology is much useful in the community and we're not longer encountered difficulties.
bololord
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June 03, 2018, 09:51:24 PM
 #398

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.
We still need bank and government because not all the people know the existence of cyrpto currencies and not all the people willing to used it and there are some people will cannot afford to buy some devices for this new kind of technology.
Bezuprechnyj
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June 03, 2018, 09:53:39 PM
 #399

True. However, the government will always figure out how to get the maximum benefit out of this situation. Suppose to legalize cryptocurrencies and impose taxes on the conduct of cryptocurrency transactions, or withdraw money to the card. Although, as much as the government will come up with obstacles for people, so much ordinary people will find ways to get around them.
BigBoy89
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June 03, 2018, 09:53:50 PM
 #400

the Government and the bank will always exist and will not be stopped despite the blockchain. the Bank is the economic center of the country, this is a basic foundation of the economy of a country and cannot be replaced. Despite the great start blockchain and crypto but it is not a warranty this can be applied in all countries because it is still a lot of processes and policies that must be made include the still not evenly distributed technology development in various countries.

You are right. Our society is build around banks and Governments. They have been around a very long time and have made their living easy. They are not going to give it up without fight.
In my opinion Block-chain technology will be a lot more useful if try to improve the system we have, than try to replace it.

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