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Author Topic: We do not need government and bank any more  (Read 2107 times)
Nagricoin
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April 02, 2018, 12:24:54 AM
 #81

Wont be happening unless these government will allow it to happen but i doubt,because any government who doesnt get taxes from the people wont survive there will a chaos and messy governance among the commong people.So it will be worst than we can ever imagine,that is why we still needs governments to protect ourselves from the people itself.
Agree with you.
We can use blockchain and other technology for modernize or to improve government. But if you destroy all governments - tomorrow you have to be use Petro or other waste paper for payment)

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April 02, 2018, 12:35:37 AM
 #82

That won't happen, I agree that blockchain can change a lot of things for good but government still important for daily life because they create law etc, if there's no law then there will be chaos. Bank also still an important part of our  life and it need a lot of time until blockchain will take over because right now the adoption is still slow.

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EdfuJihad
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April 02, 2018, 12:58:33 AM
 #83

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 this ia not likely to happen. Some countries will not approve to this. And there will be so much changes to go through before this. Current technology may be able to support this. But not from now. And if it is likely to happen there will be a unified currency throughout the world.
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April 02, 2018, 01:06:45 AM
 #84

It's simply cryptocurrency needs banks and government, because banks and governments are produce by larges groups of people and cryptocurrency cannot survive without the adoption of people, so meaning the balancing system between cryptocurrency and governments and banking institution are always there in order to improve the strong power of unity towards economic development.
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April 02, 2018, 01:11:28 AM
 #85

Seems like you really are focusing on money when you say that you don't need the governments and banks anymore because of blockchains. You must be forgotten why is the government here? They are working in different aspects and problems of your country so you are deeply mistaken when you say that you don't need banks and governments anymore.
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April 02, 2018, 01:20:30 AM
 #86

Seems like you really are focusing on money when you say that you don't need the governments and banks anymore because of blockchains. You must be forgotten why is the government here? They are working in different aspects and problems of your country so you are deeply mistaken when you say that you don't need banks and governments anymore.
If we only talk about the digital currency,i say it yes we not need the banks and the government for all. But don't you think government and banks are important in real world because if there is no government I don't think that one country will have a unity or have a good. We need the government to rule to make good are country and about the banks it is important because we can't say that the software wallet are realy indestructible because there are many hackers too
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April 02, 2018, 01:23:53 AM
 #87

No, I do not agree with this statement.
I feel that it is impossible to leave the country and banks, especially the general public, at any time.
Bitcoin and cryptocurrencies are always a game for very few people.
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April 02, 2018, 01:27:02 AM
 #88

for now, all crypto users still needed, because we still need fiat currency to buy what we need in real life,, and to convert crypto to fiat we still need bank
we don't gov and bank anymore if the majority of people use crypto especially as the main currency

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April 02, 2018, 01:47:32 AM
 #89

I think we should work with the government to make cryptocurrency better,Indeed government and bank are third parties but we need their support

This would be ideal, but only if the government was honest with the people, and if at least one person begins by the power to profit from it, then the whole idea breaks down. So that friends, even partial centralization us not need a. Absolute decentralization is our best future.

Base on this the idea is good that you agree that the government needs to get involved in this project. There is no problem about involving in this kind of system but ofcourse they need to be honest towards the people because we all know that government sometimes not fair in terms of this.
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April 02, 2018, 02:30:21 AM
 #90

Seems like you really are focusing on money when you say that you don't need the governments and banks anymore because of blockchains. You must be forgotten why is the government here? They are working in different aspects and problems of your country so you are deeply mistaken when you say that you don't need banks and governments anymore.
If we only talk about the digital currency,i say it yes we not need the banks and the government for all. But don't you think government and banks are important in real world because if there is no government I don't think that one country will have a unity or have a good. We need the government to rule to make good are country and about the banks it is important because we can't say that the software wallet are realy indestructible because there are many hackers too

Yes I totally agree with you. And if the government seen cryptos as a threat then they will make a move and ban it as soon as possible. And I don't think FIAT will be replaced by crypto currencies although there is a possibility but I think government wouldn't allow it.
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April 02, 2018, 03:49:22 AM
 #91

That is quite true..... haha. As the saying goes if we cannot win them either we oin them or kill them before they kill us. Joining them is almost impossible so they rather strike first and kill it before they are being kill. Recently i watch a youtube video and it was about the decentralise system and the video was saying about more and more millennials rather trust dencentralise system comparing to banks and third parties.   

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April 02, 2018, 04:06:23 AM
 #92

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, what you said was correct but we cannot kick out bank now,, we were not fully develop.. we need our bank because sadly we still rely on paper money.. we need to make the btc number 1 in the world in terms of currency before we can kick out bank.
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April 02, 2018, 04:11:59 AM
 #93

I think we should work with the government to make cryptocurrency better,Indeed government and bank are third parties but we need their support

This would be ideal, but only if the government was honest with the people, and if at least one person begins by the power to profit from it, then the whole idea breaks down. So that friends, even partial centralization us not need a. Absolute decentralization is our best future.

Base on this the idea is good that you agree that the government needs to get involved in this project. There is no problem about involving in this kind of system but ofcourse they need to be honest towards the people because we all know that government sometimes not fair in terms of this.


realize or not, we still need the government to control the economy and it will be good if the government could get involved in the project. we know that the government has an unlimited source which could help bitcoin to be spread among the people and bitcoin could help the people so I think it will be mutually beneficial cooperation for the government, the people and the bitcoin itself. and if this could work properly then we can see that the world will be better again.

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April 02, 2018, 04:12:11 AM
 #94

That's true, blockchain technology is much more profitable. Banks also need to earn money and just so they will not leave.
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April 02, 2018, 04:14:17 AM
 #95

In any case, the government needs us. Because only it can regulate all social movements. But the banks, I hope, will cease to play a decisive role in the world of finance

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April 02, 2018, 06:13:31 AM
 #96

in my opinion, a country desperately needs a government because the government is a tool that serves to regulate a country so there is no chaos. while the government should support blockchain technology because it can improve the economy in the country.
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April 02, 2018, 06:50:55 AM
 #97

I think that this process will take a very long time. If only for old age to find these times.
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April 02, 2018, 07:36:42 AM
 #98

Government and nationality are some sort of privileges nowadays, so it is extremely difficult for many people to give up on that...Blockchain has invented this beautiful vision of unbiased equality but it will be hard to achieve I suppose.
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April 02, 2018, 07:48:44 AM
 #99

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.

There is no central bank in the bitcoin system, and the new currency is generated in accordance with established rules, and no central institution can start, terminate or change it.

If bitcoin is to be used in the future, the central bank will not decide the amount of money, and monetary policy will not be regulated. In short, the central bank has lost control of its currency.

So we don't need Banks in the future.
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April 02, 2018, 08:09:04 AM
 #100

Never this will happen. If the government sees a threat in the cryptocurrency, it will forever prohibit its use on the territory of its country. And the more they will never give up the banking system.
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