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Author Topic: We do not need government and bank any more  (Read 2107 times)
Coingram
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June 15, 2018, 05:54:56 PM
 #441

We need government to administrate society but not like the current one, bank we havent needed since the first one were established, they just making money on us for nothing
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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June 15, 2018, 06:06:19 PM
 #442

By introducing cryptocurrency into our lives, we will be able to change our lives if people interested in new technologies and prosperity of the population come to power
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June 15, 2018, 06:13:06 PM
 #443

In terms of payment options and currency system it can be possible but aside from that its impossible. There are some areas of a society and nation that cryptocurrency alone can't support and though goverment and bank are usually related to corruption and imbalance there are still very important factors that they provide.

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June 16, 2018, 12:35:00 AM
 #444

If cryptocurrency will be legalized and the world will be run with the blockchain technology i think we still need bank and government in our lives because who will be the one responsible in building a country through it's infrastructure project i believe that cryptocurrency and government can be together.

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June 16, 2018, 12:49:14 AM
 #445

When bitcoin becomes the official currency used in daily life is indispensable. Then the transaction is mainly through the computer network. Then we do not need government and banks. But this is very unlikely, no matter how popular the bitcoin is.
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June 16, 2018, 01:14:15 PM
 #446

i dont think so, we still need government and bank for support and watch that crypto movement, i think crypto if nothing can regulate it will face his ending.I won't go that far to claim that we don't need government. Without government, how can its job be done?
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June 16, 2018, 09:46:34 PM
 #447

Actually government and bank looking like useless institutions, but we can't refuse by the government and bank today. But I believe this day will come!
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June 17, 2018, 10:41:09 AM
 #448

The bank is a gigantic financial institution throughout the country, but they can not offer services to all people in the world. That's why cryptothermia is banned in many countries, as governments see them as a danger. The government wants to control us, but now they can not do this anymore.
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June 17, 2018, 02:47:51 PM
 #449

It is still too early to talk about this. We see how any negative decision of the government can bring down the course of bitcoin. Very few people are now in the cryptoindustry. We live here and it seems to us that we are many.
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June 18, 2018, 05:47:28 AM
 #450

I also hope that one day I will be able to use my blockchain to manipulate my own financial movements. However, there are no tokens that have stable prices and are widely used in the market! I think it takes a long time to reach your goal!
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June 18, 2018, 06:03:22 AM
 #451

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.

This will be a tough war , but I do believe block chain and cryptocurrencies will win this war in the long run because they have the most advanced technology

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June 19, 2018, 04:58:39 AM
 #452

We don't need the maybe what they need us, they need people and institutions to make them obey. They don't want their citizens to operate their actions without their control. Therefore, they will have a way to regulate their law to follow the transactions.
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June 19, 2018, 05:12:47 AM
 #453

No government will tolerate such a situation, and if the situation is really so serious, I think the blockchain will be equated with drugs or for example will be destroyed skyscraper again and will announce that the terrorists have used blockchain technology and will ban it.
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June 19, 2018, 05:21:05 AM
 #454

No government ? funny !!
What you want to do when all your crypto will be stolen. Not by hacking, by simply taking your laptop or phone.
Humanity cant live without Big controller hand

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June 19, 2018, 05:25:08 AM
 #455

I do not agree in every point. If you say we dont need banks anymore because of cryptocurrencies, i totally agree. Cryptocurrencies makes banks superfluous. So we dont need these greedy companies who steal our money. But i think we will always need a gouverment who keeps the order. Because blockchain cant protect you from murder and plunder.
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June 19, 2018, 05:35:52 AM
 #456

I do not agree in every point. If you say we dont need banks anymore because of cryptocurrencies, i totally agree. Cryptocurrencies makes banks superfluous. So we dont need these greedy companies who steal our money. But i think we will always need a gouverment who keeps the order. Because blockchain cant protect you from murder and plunder.

lol. who do you think run the government?  Grin

and to answer op question. I don't think we've reached the point where we don't need bank or government yet. It may happen in the future as you can see people are getting fed up with all the lies and deception but it will take years before you see anything. Blockchain may or may not help.

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June 19, 2018, 05:41:03 AM
 #457

I do not think that the technology of blockchain can replace the governments and state system. How? If you need help from the police, who will protect you? How blockchain can help here?

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June 19, 2018, 05:59:51 AM
 #458

I do not think that the technology of blockchain can replace the governments and state system. How? If you need help from the police, who will protect you? How blockchain can help here?

As I understood op said about those areas that can be easily replaced with use of blockchain. For example banks can already be replaced, the new electronic cash system provides us ability to send any amount of money to any point in the world in few minutes. Of course there are some fields of our life where blockchain is not so useful and they can't be replaced, but maybe they can be reorganized with use of it.

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June 19, 2018, 06:03:04 AM
 #459

For now,we need the government to maintain law and order in our societies so that cryptocurrency will gradually be accepted in the entire world.without law and order,we cannot be stable to do our businesses.Banks are still part of our daily activities and change is difficult but a time is coming when everybody will accept cryptocurrency because of its convienency then we may not need banks
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June 19, 2018, 06:05:19 AM
 #460

The fact is that if the crypto currency is accepted, then most likely the banking sector will be destroyed, and this can greatly damage the stability of the national currency and the economy as a whole. Therefore, no one accepts this technology for fear of consequences.

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