We do not need government and bank any more

[Liz D]

The decentralization era seems to need some sort of regulations because a lot of are abusing the privilege of decentralization as many useless projects are been embarked on to scam people. We don't need to control us but we may need them to control/regulate things.

[1714053423]

1714053423

[1714053423]

1714053423

[lexavl88]

I don't like banks and government for their antisocial activities. But we need to recognize what we cann't do without them. Unfortunately banks are now present in human life as deeply as possible.

Banks are the most useless organization. He's just a middleman about the money. All loans can be made in international systems, at a much lower percentage. Also, banks do not regulate the value of money.

[QueenOfCrypto]

Even though I fully share the enthusiams of your statements, I believe they are still a bit too premature. Places without a government usually become a realm of violent gangs fighting for power. You are overextimating human beings.

[kskwerl]

cryptocurrency can die very quickly. in the history of cash and e-currency ,there were many ways to overthrow them and cryptocurrency is not the first who made such attempts.

[kaylinmaxx]

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.

[strawhatters]

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.

Well this is completely bullshit. Well not completely but majority.  there is some truth here but the problem is that we still cannot leave without the government and banks. Banks don't just do financial transactions. And even banks can manipulate or utilize cryptocurrency of their own. Banks and government is still as necessary as it has always been

[Abarov]

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.

It is necessary to change the relationship in the society itself. And this is not a fast process as you know. But we have the Internet. It can increase the speed of the transition.

[lengocanh2998]

I just cannot think if there is no government and the bank in the country. The government has the big rule in our society and also to our economy. Either how the technology is great or the crypto currency was, there always be a government who looks and protect the welfare of their people.

[arkaasay]

Yes you are right but there is also a downside here in most markets especially when the price drops the value of your coin will also drop while in the bank all prices go up. The government will not allow such a thing to happen. Although decentralized, it can not be denied that there will be a person or organization that is centralized and can not refuse. The government wants to control us but now they can not do it anymore.

[cadoso876]

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.

[nambunamba]

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 the way you see blockchain is completely wrong, Blockchain technology is really usefull and could be use in future and i think goverment do support it, the thing is goverment just afraid that cryptocurrency could be a bubble that will make many investors suffer, indeed seems like we dont need goverment cause they just make people afraid to invest in crypto but i do believe in long term crypto will be good place for investment. We do still need goverment in many aspect of our life you cant deny it, it would be chaos if there is no goverment.

[paulscathedral]

We don't need them, but they do. That says a lot. No one will just make their economy decentralized. This is very unprofitable and stupid. We will have to achieve it and deserve it. Let's move on.

[vietanh991004]

I agree. The government and the bank are not necessary any more. However, the people still need to learn how to live in the world without government's existence. And when it happens, I believe that cryptocurrency will play an important role

[bamita127]

I don't agree that we do not need bank & government anymore, actually all aspect of our daily needs is yet to be covered by crypto usage.

[steinkopf]

Crypto currency is not accepted in my country. That's why I can not refuse banks and government. But I believe that the crypto currency will become much stronger soon.

[rudolfaxl]

At the moment we can not fully live without banks and governments. Most of our common payments are made through banks in a centralized currency. Unfortunately, we can not buy products and pay for many services using crypto currency, but I believe that we will have such an opportunity in 5+ years.

[tranhongg323]

It is still difficult to break away from the control of the government. After all, we are scattered everywhere. Just like a bad news now can cause great fluctuations in the password world.

[nicesun260]

The fact that crypto is booming and blockchain is taking over doesnt mean that we no longer need a controlling institutions.,there are still lots of business thatneeds the government and the banks, things like national planning and budgets stll need expert planner in the banking system

[asdksakz9999]

I suppose that sooner or later, some crypto-currencies will become legal means of payment. They will exist along with the fiat currency. In this there is nothing dangerous for the world financial system. 

[a123uxcz888]

Blockchain is the next big thing happening. A number of establishments are adopting the technology to increase transparency, trust and security. it will take sometime before Blockchain is implemented in all areas of human activity. A revolution is gradually emerging to take over the way we do things.