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Author Topic: We do not need government and bank any more  (Read 2107 times)
Tylev
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July 05, 2018, 04:57:00 PM
 #581

Governments and banks will continue to exist for a long time. While humanity without them can not exist. They are an inseparable part of the state. Without government, we will return to the world of chaos and anarchy. This has happened many times already, it can not lead to anything good. Outside the state and outside the government, we can not yet exist.
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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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DarkTaiga
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July 05, 2018, 05:12:03 PM
 #582

People are interested in cryptocurrency because of its instability . And that's also why people pour money into it (in the crypto world, no one knows what will happens).
If crypto wants to replace cash, bank, etc., it needs stability in value (and no investor wants it). I think Blockchain and Crypto can help "money" become better, more convenient but it is hard to replace the role of banks and government.
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July 05, 2018, 05:19:53 PM
 #583

I don't think the need for power, government and banks will disappear soon. They simply adapt to the new reality and introduce blockchain technologies themselves, trying to control them, as often there is a lot of fraud in cryptocurrencies.
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July 05, 2018, 06:00:56 PM
 #584

The Crypto market itself requires some regulation otherwise all you are going to see are scam projects being launched. If the governments and banks are removed then who do you think is going govern this world. Who are going to create the regulations and laws required to keep this society functioning normally.

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July 05, 2018, 06:02:06 PM
 #585

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
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July 05, 2018, 06:03:35 PM
 #586

I think the same way as you think why many countries prohibit Bitcoin because the governments of these countries cannot benefit from the Bitcoin industry.
This is the reason why they prohibit Bitcoin.
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July 05, 2018, 06:20:40 PM
 #587

If you think about it, I think many scammers will come and will not take any measures to stop or punish them. If it is applied to a blockchain-based transaction without any third party guaranteeing the transaction, I do not think this is a good thing.
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July 05, 2018, 06:22:16 PM
 #588

In my opinion, the purpose of this market is precisely to push out the government and its power, and to make it so that people can freely make money, and I think in the future a lot will change
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July 05, 2018, 06:25:53 PM
 #589

Hurry cryptocurrency has taken the place of banks and thieves of the economy, then at least maybe people will be able to breathe out of poverty

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Argoo
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July 05, 2018, 08:07:12 PM
 #590

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.
Such reasoning is not reasonable. Society can not live in a world without the established order of behavior in it. Therefore, if there is no government and everything connected with it, you will not be up to crypto currency. The right of the strong will prevail. The weak and not organized into armed gangs will select everything, up to the technical means, on which you are now earning a crypto currency.

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jokowo
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July 06, 2018, 02:51:34 AM
 #591

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 the world of crypto is indeed the role of government does not exist, but the role of the bank I think is still there.
So, in conclusion we can not forget the banks and the government.
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July 06, 2018, 04:18:28 AM
 #592

The question is, is not it right, because the cryptographic market may collapse anytime and they collapse, you will return to the bank and the government where you live. Not the encrypted market is always sustainable.

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July 06, 2018, 04:29:18 AM
 #593

No, you still need these governments and banks. The time to encrypt the currency has only just begun. Everything needs the support of the current bank. The state can ban the cryptocurrency at any time, so you still can't leave them.
Neved1975
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July 06, 2018, 01:41:41 PM
 #594

as of now crypto is still developing and slowly by slowly its carried out on a few business enterprise and enterprise. but time will come humans will no longer need fiat and financial institution on the same time. blockchain era will exchange the whole thing due to it is p2p transaction and transparency for absolutely everyone.
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July 06, 2018, 09:54:11 PM
 #595

Correct


1) The People are the government
2) Cryptocurrency is your Bank and Currency
3) Create a Peaceful Militia - Protect each other the community, know your community


4) Decentralize your Community - Trade within your own surroundings
5) Declare war on globalization and centralization, replace and sanction global companies with community based business
6) Use encryption and decentralized platforms
7) Add another education system on top based on wealth management, survival skills  and natural medicines
Cool Create your own local media based on your community views
9) Grow local organic food
10) Use homeopathic doctors

etc etc etc
Lastly and important implement "Direct Democracy"  you the people vote on every policy foreign or domestic (not distributed indirect democracy, just plain old Direct Democracy.
You create the systems within the system, defeat it from the inside out, replace the current economic model


You the people win..........

Grin
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July 07, 2018, 05:13:43 AM
 #596

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.
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July 07, 2018, 05:20:11 AM
 #597

I totally agree with you, we will not need the government to issue currency anymore, this property is the property of the whole earth, it is really great, when the currency is not focused on the government or the nest This is a historic revolution, humanity has experienced many historical revolutions, I believe cryptocurrency will be the era of revolutionary technology, all the people of the world are themselves. Decide on your life, decide on every issue and not depend on any organization
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July 07, 2018, 05:26:29 AM
 #598

It's simply cryptocurrency needs banks and government, because banks and governments are producing by larges groups of people and cryptocurrency cannot survive without the adoption of people, so meaning the balancing system between cryptocurrency and governments and banking institution are always there in order to improve the strong power of unity towards economic development.
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July 07, 2018, 05:31:51 AM
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 #599

For reality, we need government because we need our documents to join in ICO (KYC required), we are withdraw our cryptocoins thru bank.
Cryptocurrency is the way to people to stored their money, because many people are they don't have bank account.
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July 07, 2018, 05:48:39 AM
 #600

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.


so true. I really agree with the word you made and the explanation made sense.
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