We do not need government and bank any more

[Fantina]

Yes cryptocurrencies created to remove from this chain of such fat cats as banks and the government it was the purpose , but let's go back to the reality they will not allow it

[dalesotpi]

how sweet and easy it is to say we do not need banks any more. the trust is that the cryptoworld is not yet matured to do away without banks. Banks offer what money qualities hold. preservation of value. though fiat fluctuates in value, but that cannot be compared to cryptocurrencies. We are still away from being independent on centralized financial institutions.

yes, it is too sweeping to say that we do not need government and banks anymore. Cryptocurrency is still an infant if you ask me, we are nothing in comparison to the institution that OP wish to do away with.
Young as we are in this digital space, we need all the help we can get. We don't wish for any misunderstanding and conflict of any widely institutionalized organizations or sectors, we need to make an ally out of them.

[mega]

It is true cryptoworld can survive without government and banks but there will need of government to grow successfully in state or globally.Without government Frauds and scams will increase and crypto will not properly contribute for the economy and betterment of the country without government.

[buggy]

We need a government to govern people and in running a certain country in order and peacefully. I think if there's no government world will be chaotic because people do have different views in life. We need a government to impose rules and regulations and to protect the citizen of a certain country, a government to solve problems of the state and the government to rule everything for the good of the people. As for me we also need banks for the safekeeping of our money and for the regulations of the funds and resources of the government and of the people.

[Firbolko]

I fully agree with the statement. that is why many countries impose restrictions and prohibitions

[Ozero]

Such statements that we can do without governments and banks are simply ridiculous. Do you think that with the advent of the crypto currency, the form of the social structure of mankind will change completely, which has been formed for thousands of years? Have you ever heard people live on their own, without any adjustment? Then the strong will rob and kill the weak according to the right of the strong. Who will interfere with it? In order that this does not exist and there is all this containment system: the government, the army, the police and so on. And this can not exist without banks, otherwise we will return to the system of barter settlements. In general, do not philosophize. You can not think of anything new.

[maydna]

No need for government is impossible, no need for banks. Virtual currency can become a supplement to legal money, because it brings convenient transactions and non controllability.

but right now, we still need government and bank for every country because we are not united in one country and still, there are a different from one country to another country. but if the cryptocurrency can be accepted by all country and they all agree to use cryptocurrency as one new currency and it's available in all country, then maybe the bank will reduce the popularity because people don't need to go the bank to get the money or to deposit the money.

[maman567]

We need bank and government to improve and make bitcoin will be strong, looking around your self when some country have banned and make illegal about bitcoin, price of bitcoin down and too low. We need them bank and government to support bitcoin for their country each of them have support and legal bitcoin as the payment system in their country. If bitcoin always have illegal maybe bitcoin will be afraid by the people in the world.

[djscreem01]

The state will always be needed. but it is time to get the banks out of there. because it is an enemy of the broker. now everyone will begin to manage their own money. 

[sourish]

We live in a system of our own choosing, in order to enable a systemic work order, and the banks and government bodies have so far been an acceptable part of that order, and i am sure will continue to be so, once they gain clarity as per the bigger picture.

[Freezingel]

We still need government and bank for sure, it's not like with blockchain you can suddenly solve a lot of things and everyone will live according to law. Government is very important so things won't go out of control and cause chaos everywhere. In my opinion the bank will adopt blockchain so they will coexist together.

[sureblinks]

smile! absolute. yes now they suffer their masses.they with this technology it will be very difficult to control their masses.

[Jizel]

Because 1) all new technologies tend to hamper development in the first place. this leads to strong changes and losses in different areas 2) because this technology is not controlled by anyone, and therefore, that any fraud and deception are possible, and t. the government is initially called upon to protect its citizens, where will the citizens go if they lose their means? certainly to the managers and will complain that they were not protected. 3) t..k. this system is not controlled by anyone, it allows many means to transfer and pay without any taxes, which means that the country loses the cash flows that it could receive from it, as a result, there may be a fall in the provision of those spheres of life that the government supports. Therefore, I think that governments will definitely introduce certain limits and restrictions on the crypto currency.

[happyme1818]

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.

You should know that without government it will bring chaos. Blockchain technology is a good revolution but we still need a balance. Banks will not go anywhere except to blend and adopt the technology. The good thing that happened is you have a freedom of choice whether to deposit your money in the bank or in your own wallet.

[chocopapaya]

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.

Show me proof that governments are trying to hinder the development of blockchain.
There's so much fud about this that isn't backed up by any evidence.

If anything, governments have been overwhelmingly open to the development of blockchain.
Also, the true nature of governments and banks is that they WANT to get in on blockchain.

They're not scared of it, they are figuring out how to get in on it and profit from it.
This isn't a storybook world where we are the good guys and the government is the bad guy and everything is black and white.

As far as not needing governments or banks, what you are basically saying is that we need an anarchic system.
Yeah, that ain't going to work.
You really trust each other? Totally? You think the tech will make you trust others totally?

In a lot of ways, we have taken Satoshi's vision and turned it into some kind of revolution song.

For me, I believe that both systems can exist at the same time.
In fact, the only reason why decentralized is so valuable is because there are centralized systems.
Take them away, and decentralized has no meaning.

[katarin2030]

We still need government and bank for sure, it's not like with blockchain you can suddenly solve a lot of things and everyone will live according to law. Government is very important so things won't go out of control and cause chaos everywhere. In my opinion the bank will adopt blockchain so they will coexist together.

Absolutely, we need government as well as the bank, without bank than where to secure our money. The government has to give permission for all our investment like trading bitcoin is given permission in only a few nations in others it is not official, so if the government gives the licence to invest in bitcoin then it will be a big advantage for the bitcoin.

[om_iyo]

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.

If no third parties, so who make a decision if any 'chaos'? Who will protect for poor people etc? If no government, who will create infrastructure, like electricity, rail way, etc?

[petrobit]

Develop crypto select from the state one of the very important functions - control over the release of money. control over money lies at the core of the state and contradicts the concept of bitcoin.

[jerry29@]

This is not right although we have the crypto world ahead, but we still need the banks. Banks may be beneficial when there is crisis in the crypto market enabling you tge safe money in your pocket. Free from market ups and down.
So both plays crucial rules in tge modern world.

[komjhq]

Quite an interesting thought yet you know that the “evolution” comes at a great cost, for example I don`t want to see another huge conflict based on the government against crypto. I would rather have some stability now.

not that we will not go anywhere from the banking system and the government. And these practically criminal structures, always do bad to their people and will continue to try to find a way to control crypto-currency.