We do not need government and bank any more

[dohoahue2012]

I can't imagine a country without government and banks. I think if there is no government in one country. The people of that country will not be united.

[Arcoin1]

States are always needed. If you want to live in a certain rules and order, your state should be. Without the banks, we can not buy crypto money and we can not withdraw it again.

[pradobo]

It is extremely difficult for me to imagine a world without government and banks. First of all because if there is no government there is no control and regulations which means people have to be smart and morally stable enough to live and use the freedom they would have.

[jekyde]

There is no doubt Governments all over have their shortcomings but beware of what you wish for, Looking at all the projects that have been marketed in this space apart for BTC  (the store of value) purpose all of them have not delivered on their promises. The picture you are painting is not possible now maybe in the future

[SNob2017]

Of course, government and bank looking like a very archaic institution, but we can't refuse by government and bank so fast, we need more time.

[$$$sparkles$$$]

I don't agree on this. Governments are still necessary to maintain order. Banks are still needed to store existing fiats/physical money. These are two entities which are not easily broken. Quite near to impossible actually. The idea of abolished governments and banking system is far from becoming a reality. Something we should not expect on.

[tuliobrothers]

No,  government and bank are both needed. The government helps to keep the law and regulations of the country and bank is needed to keep the money and other investment.

[awazieik]

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.

Bro I agree with you that right now banks are afraid of the Crypto coins challenging their business models but these alt coins will not stop banks from making money. Banks are embracing blockchain technology and most of them are changing their business models to compete for market share. Lets fce it, banks are going to evolve using blockchain technology .

[zhangcaisbsbn55]

They are afraid of the cryptocurrency. But now, it may be the third party that will kill the crypto not the other way round. The crypto still need more tie to develop themselves.

[JPablo]

I can't imagine a country without government and banks. I think if there is no government in one country. The people of that country will not be united.

You have a point about that, it's okay that there will no bank in the country than no government in one country.

[bisdak40]

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.

I think we can't live without government and banks for now. It may come but i am afraid it would entail a lot of time to do so. So why not government and blocklchain technology will co-exist and governments should take advantage of the benefits it will get if they are using the blockchain technology. People without government is very chaotic and we don't want that kind of situation.

[maiden]

that's true

No, because both banks and government is important. govrnment still necessary to maintain the orders and the banks how’d you convert your money in crypto into your current currency and how’d you withraw your money if theres no bank? i mean, yes theres a remittance center but it is under by banks and government.

[v3liana]

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.

I dont agree we dont need goverment. We do need goverment to make our live safe and to make rules to be usefull. Without goverment i believe there will be chaos cause people will be freely and i think not every one is good people. Even in transaction we do still need third parties ro guarantee we got what we want. I do think blockchain could help to narrow all it down and help us to make decision but still i do think third parties is still needed.

[Namal Harshana]

If you think a country can run their economy without a central bank and the government,I think it is a mistake.We need a central authority.Some people in some countries they do not know anything about the Blockchain technology.Like those people how can they do transactions? We need to educate those people about the Blockchain technology.But it seems it not happened.We can see Some countries banned cryptocurrency and all the transactions related to it.I think crypto is not to ban it should be to develop.

[lightning mcqueen]

If you think a country can run their economy without a central bank and the government,I think it is a mistake.We need a central authority.Some people in some countries they do not know anything about the Blockchain technology.Like those people how can they do transactions? We need to educate those people about the Blockchain technology.But it seems it not happened.We can see Some countries banned cryptocurrency and all the transactions related to it.I think crypto is not to ban it should be to develop.

I also don't agree that we don't need a bank anymore. ofcurse we still need the government and the bank, because without government, there is no stable society, and no law for protections for the citizen and the inequalities between the very wealthy and the extremely poor will never have a solution.

[Nalbo]

It's a bit ealy to deduct that but mostly government and banks are parasite on the people. We can replace banks with crypto and the current government should be replaced by a people centric government that doesn't punish people to make a profit for their advertisers.

[LuciferEveningStar]

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.

In my own opinion, cryptocurrency is more profitable but still we need banks at the same time in order for other people to have the chance of saving money because not everyone is knowledgeable about cryptocurrency.

[hdtqisg]

We do not need banks but there must be government! Life is always conflict, can not solve itself, the government must survive!

[nathanielpogi]

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.

Aren't you overreacting about the things you've said about the government? I know its quite hard to move on lots of regulations about

cryptocurrency but we still need the government to get the community and country on the right track. I know that we are highly advanced

and doesn't need banks anymore because of this cryptocurrency era where anyone can be their own bank.

[jalaaal]

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, its true, that is one of the main reason why some countries are preventing cryptocurrency to enter on their country. they want to stop cryptocurrency to replace bank, because they will lose everything they have.