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Author Topic: We do not need government and bank any more  (Read 2107 times)
lisalise (OP)
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March 30, 2018, 02:01:10 AM
 #1

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.
lisalise (OP)
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March 30, 2018, 03:21:57 AM
 #2

that's true
lorapalmer
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March 30, 2018, 03:34:04 AM
 #3

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.

That is why cryptocurrencies are banned in many countries as governments see the danger in them. The government wants to control us but now they can not do it anymore.

metribitcoin
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March 30, 2018, 03:43:30 AM
 #4

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. And this world there are more than 2 billion people still unbanked and blockchain technology give solution for them. That no need third party like bank to send and receive money.
Snaic
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March 30, 2018, 03:57:41 AM
 #5

If someone thinks that we are able to live without the government, banks and the state, he is deeply mistaken. Without this form of social order, there will simply be chaos, which will immediately be used by individual armed groups of people who will migrate, rob and kill people. So far, people have not thought up anything better from the state and the government to protect themselves from their own kind, and therefore we still need a state and government, and the state and the government need banks to plan the country's economic development and implement their plans financially. Here, as always, we need a golden mean, grinding public relations with respect to the crypto currency. And this process is very long.

inyakizuryel
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March 30, 2018, 04:03:14 AM
 #6

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.
Yes you are correct but theres also disadvantages here in the market most especially when the prices are going down your coin's value will also go down while in the bank all the prices are going up but it will really take a long time to have more profit there which is in cryptocurrency you coin's value can have a great value in only a short period of time and I think that is more profitable and worth the time.
hoomg
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March 30, 2018, 04:03:17 AM
 #7

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.
Zanetti83
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March 30, 2018, 04:13:12 AM
 #8

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.

Well, I think what you have stated has been predicted by Bill Gates years ago.
But, I don't think it will happen in near future.
What I truly agree is, people will find a way more efficient for them, and blockchain is one of the solution.
Tapyaks72
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March 30, 2018, 04:13:50 AM
 #9

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.
Yes you are correct but theres also disadvantages here in the market most especially when the prices are going down your coin's value will also go down while in the bank all the prices are going up but it will really take a long time to have more profit there which is in cryptocurrency you coin's value can have a great value in only a short period of time and I think that is more profitable and worth the time.
As of now we  cannot easily eradicate bank because it is protected by the government as we knew theirs no other entities that is most powerful but  the government, think the government is studying Blockchain technology to be used in their advantage.

czhen
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March 30, 2018, 04:16:41 AM
 #10

all of which is competition where blockchain becomes a threat and cryptocurrency is also a constraint of conventional banks whereas the issue of government permit is another matter where about taxes and profits of a country if he adopts cryptocurriency.
whereas blockchain is a very good future for the development of the world economy.
espeno
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March 30, 2018, 04:21:45 AM
 #11

I am unable to believe that we can do without government and Bank as humans are weak in nature. They have always sought to look for leaders whenever they cannot make decisions. Since time immemorial, even the stone age Man also look for leaders.

To lead is to have structure and hierarchy. To have these is to form government. Even animals also seek to look for leaders. Like wolf packs.

This is why banks and govt will always be here
nhinhi
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March 30, 2018, 04:27:38 AM
 #12

We still need gov and bank. We need gov until we still need social. That's true
cryptogeek101
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March 30, 2018, 04:28:14 AM
 #13

Government should be there to protect its citizens but should allow the blockchain technology to exist to help the less privilege who cannot asses the banks own by the government. The blockchain technology has come to help everybody including the government so they should accept and stop this fight.

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ZaBelyi
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March 30, 2018, 04:50:15 AM
 #14

Blockchain is an excellent technology, especially in terms of Finance. People can finally use a financial instrument (storage, transfer, accumulation) without the participation of intermediaries and legal entities with Bank licenses that only wind up interest and take commissions for everything that is possible. This system allows you to cut off all unnecessary and make a minimum of intermediaries between the two participants.

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dhrazzen
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March 30, 2018, 05:05:16 AM
 #15

In my insight, we still need a government to protect and regulate our country. The government must also support the blockchain technology or the bitcoin itself. Government must also accept the bitcoin inorder to help the people to uplift their life. Bitcoin opens lots of opportunity,  so the government must accept and adopt it.
xuan87
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March 30, 2018, 05:12:43 AM
 #16

Without the government the country you live will be in chaos, imagine everyone making it's own rules, that is not a country but a jungle, without the bank you will have great inflation and deflation every day, without the economic stability the country will falling apart, even blockchain triumph we still need the government and bank involvement in a country


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ballerin and giroud
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March 30, 2018, 05:42:55 AM
 #17

On the reality with presence technology of blockchain and cryptocurreny yes we don't need government and bank because both will make human easly go through daily activity. But on the fact some government make a dicission to ban cryptocurrency in his country. With the reason cryptocurrency will make the national money dissapeared. For some country who have decission ban cryptocurrency then it's confirmed the user of cryptocurrency still nedeed a bank to change his money to cryptocurrency or from cryptocurrency to physical money.
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March 30, 2018, 06:14:13 AM
 #18

You're right, blockchain technology is much more profitable, but it's very difficult to implement this idea, because banks also need to earn money and just so they will not leave, they either accept this blockchain technology and will use or will leave  Roll Eyes
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March 30, 2018, 06:19:11 AM
 #19

I don't think that the technologies working at a blockchain can't be controlled. Yes, it is a certain progress, but without the governments we far won't leave)

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March 30, 2018, 06:34:21 AM
 #20

we still need government and bank. without government, there are no stable society, no protections for citizen and the inequalities between the very wealthy and the extremely poor will never be rectified.
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