We do not need government and bank any more

[trangdo52548@gmail.com]

Bank is giant financial institution in all country , but they can not offer  service to all people in the world like poor people who does not have ID and unbanked

[1714015885]

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[1714015885]

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[rtyudg]

Blockchain technology cannot replace governments and Banks at present, but I think there will be a future discussion. Intermediaries will no longer exist. There will be fewer institutions like Banks.

[Roksodhon]

The fact that crypto is booming and blockchain is taking over doesnt mean that we no longer need a controlling institutions. The Bank and government is the economic center of the country, this is a basic foundation of the economy of a country and cannot be replaced

[rufus59]

One thing you should know is that; government have not yet started to see blockchain as a threat,  the moment they do;  they would surely find a way to curb it; or control it;  they have being doing that for ages; nothing is bigger than the governments.

[ladmxy]

Yes, I agree with you, because the third party we have lost a lot of self-interest, because we will have more rules because of the existence of third parties. In my opinion, I want to be my own. We don't need the protection of the government and the bank.

[TomiJerry]

It's foolish to say that we do not need a government. Who will organize and coordinate? Where will you go when you are robbed? Here blockchain will not help you. Many things that are provided by the goverment are very important, the police, emergency services, health care, etc.

[Artron1]

The crypto money world is a virtual environment. There is a need for banks to assess and spend these money. There is always a need for governments in this world if you want to maintain order.