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Author Topic: We do not need government and bank any more  (Read 2107 times)
TXCEO
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June 10, 2018, 08:09:53 AM
 #421

Yes, I agree with you. I think the future. There are two kinds of people, one is a free person, who has a cryptocurrency. The other is ordinary people who live in government-owned people. This is the best capital differentiation.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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ryanfromrethink
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June 10, 2018, 07:41:09 PM
 #422

In part, really agree. Many analysts have long expressed the view that the government and banks are no longer needed. But it will be a long time until society learns to live without them.
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June 10, 2018, 08:06:21 PM
 #423

It should be understood that the government is not such a simple phenomenon as you think. In fact, the government is very useful and important for every country, if it were not engaged in corruption.
jayendo
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June 12, 2018, 12:21:16 PM
 #424

Definitely, the government will not allow society to live without it. Yes, and the government in many situations is really useful, but the society has gradually refrained from the banks.  Roll Eyes
BurstBurst
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June 12, 2018, 12:24:55 PM
 #425

we will be more concerned with the government and the bank to get one and help the poor with bitcoin when the government approves the bitcoin in different countries the bitcoin promotion will make it easier but it will have the tax and the good of the person who uses it bitcoin and other people think that bitcoin is legal
Hudora
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June 12, 2018, 12:28:56 PM
 #426

Yes, it is possible to refuse from the government and banks when regulating currencies, but they fulfill many other functions on which peace and financial stability in the country depend, so I will not agree.
WuGong
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June 12, 2018, 12:30:52 PM
 #427

impossible. People cannot leave the government. Without the development of the government, humans will become animals. Who told you that the government cannot coexist with cryptocurrency?
Marksmanio
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June 12, 2018, 12:37:20 PM
 #428

yes i'm agree. But there needs government to protect their citizens from the scam icos. There must be need some rules and regulations.
chocochild
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June 12, 2018, 12:42:14 PM
 #429

Without government there will be no order and peace, without banks circulation of money will deteriorate. It is possible but today it is still under consideration.
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June 15, 2018, 02:18:46 PM
 #430

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. Smiley Smiley
zhangfeiqi
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June 15, 2018, 02:24:01 PM
 #431

I don't think humans can leave managers. Then human civilization will go to destruction. I think cryptocurrencies and the world economic system can coexist.
Binmado
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June 15, 2018, 02:28:07 PM
 #432

The government is the place that hinders the growth and growth of the coin, I really do not want the government to enter the Crypto market, let the market run its course and whoever embraces it Be careful and self-responsible on their job.
Sosad12
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June 15, 2018, 02:39:32 PM
 #433

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.
tusherk800
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June 15, 2018, 02:59:45 PM
 #434

Hi,
I am definitely agree that it is a new era of decentralization. But it is true that without government a state is impossible. To protect a state economy government plays a vital role. Giving profit to government is not useless but giving profit to bank is useless.Only government can protect and ensure safety of a state citizen. So, it will be good if this technology comes under in government scope.
This is because, recently hacking of Etherium wallets is increasing day by day. Most of us losing our money,but cann't raise our voice for this problem.That's why i think government only can solve the problem.As a result, this decentralized era will be long last.
Thanks.

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olsyd
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June 15, 2018, 03:27:39 PM
 #435

Perhaps the main idea of cryptocurrencies was to destroy our financial system and to build the new one but now I see crypto became a financial asset and no more. I don't believe that standard money will disappear with blockchain and cryptocurrency arrival and that will destroy the Institution of Bank, now I see that will not happen
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June 15, 2018, 04:35:50 PM
 #436

I agree with you. Cryptocurrencies are developing very quickly and I think that if now many people use cryptocurrencies instead of money, in the future they can completely replace the banking system.

Zeke_23
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June 15, 2018, 04:54:05 PM
 #437

indeed, cryptocurrency is a currency which doesnt need government or bank, government see that threat that's why some countries banned bitcoin, but some countries saw that crypto might be in use, so some of them reverse that decision and finally accept cryptocurrency.

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Mr.Spreadthehamster
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June 15, 2018, 05:27:29 PM
 #438

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.

I agree with you, soon we will see the transformation of bank and finance systems.
Hopefuly it will happen in 2-5 years and we will see the pump of world economy.

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June 15, 2018, 05:38:21 PM
 #439

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.

Yeah that is true that's why other goverment banning crypto in their countries because they thik crypto collecting people to invest in their project and this goverment think about the demand if they don't have people to invest to their own project but i and many people still choose crypto.

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June 15, 2018, 05:49:36 PM
 #440

I think the government and the bank will not be replaced in a short time. The government and banks will also try to prevent them from being replaced. They will limit the technology and regulate it.
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