We do not need government and bank any more

[Coopeer]

Yes, when the development of blockchain is powerful enough, then the bank doesn't make much sense to us. The blockchain can bring us more convenience and the most open and transparent transaction method.

[djscreem01]

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.

[Skroojee]

I agree with you, but at the moment I do not see any prospects for cryptocurrencies, so that they can fully fit into everyday life for every person on earth.

[stephanie9428s]

Personally I am a crypto enthusiast and I'd lik to see blockchain adoption in some of human activities, I don't think that you can completely replace governments and banks

[hashshashin]

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.

Certainly, the Crypto-currency is created just for this, but it is too early to say that the world economy is ready for such changes. But sooner or later these alternatives must occur and a new era of dominance of the crypto-currency will begin.

[sergeeva]

Why do you think that government will let crypto takeover banks ?  This will make them weak and thus they will never let it happen.

[myortvyje]

Perhaps the main idea of cryptocurrencies was to destroy our financial system and to build the new one but now I see crypto became a financial asset and no more. I don't believe that standard money will disappear with blockchain and cryptocurrency arrival and that will destroy the Institution of Bank, now I see that will not happen

[duoleduo]

If the development of cryptocurrency can be smooth, I think that one day we may realize cashless transactions, but to reach anarchic society, it is very difficult to view this level of civilization.

[1hgfd030]

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.

[vidiep100100]

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.

[boroda074]

No third person will always be in our world because even the utilities we pay in a bank and we pay them so that they still need us!

[nickwen]

I do not agree with your idea. We still need the government and banks. Only governments and banks can be strong enough to control bitcoin and the crypto market.

[soname12]

I do not agree with your idea. We still need the government and banks. Only governments and banks can be strong enough to control bitcoin and the crypto market.

You're right. If the government and the bank lose control of the bitcoin, then surely whales will be able to manipulate the market price any time they want.

[digiadven]

I guess you still need them because they are also needed in reality, government and bank cannot be thrown away because they are made for making rules so peoples could live with a good system.

[tranduc2101]

I agree. Governments and banks do not accept to blockchain technology also mean they are opposed to the development of the future. we should remove the government and the bank

[NORD YGGDRASIL]

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.

Banks and their owners are not so stupid as to allow someone right in front of their noses to develop some new technologies that will threaten their monopoly on money. If you think that banks do not do anything then it is not so. Bank cartels have long been the owners of several major crypto-exchange exchanges, including Bittrex, Poloniex and Bitfinex!

[adarwis]

We certainly need them, if blockchain technology and decentralized transactions are used by many, then the government and the banks will develop technology to compete and even today some banks are ready to adopt blockchain technology

[meomeo989]

There are people who manipulate the price of bitcoin and this are the government/banks and big institution. They know that fiat money is going down and no price at all. Crypto is the future and we need a good support on the whole marketcap so government will adopt it's technology.

[beautygirl816]

I think some banks embrace the blockchain technology, as they want to ride on with the trend. There’s Unionbank in the Philippines where they make their first move to integrate with blockchain

[joanamaybe]

Third parties already exist before the government and the giant company you mean exist, and will remain forever. Are you willing to send your ethereum to me without the possibility of a third party? Maybe it's just the system that will adapt, but everyone actually needs a third party.