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Author Topic: We do not need government and bank any more  (Read 2101 times)
dekleni
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July 07, 2018, 05:48:39 AM
 #601

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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July 07, 2018, 11:11:22 AM
 #602

We still need government to govern us for things that can not be done by civilians or ordinary people such as solving crimes and arresting criminals, protections etc. About bank, we still need it also because we are still using fiat money and many merchants still not accepting crypto as payments.
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July 07, 2018, 11:17:13 AM
 #603

Decentralized things have their advantages, but I think it is very difficult to achieve decentralization. After all, it is still in the state of government regulation, and decentralization greatly reduces efficiency. Not everything fits the blockchain
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July 07, 2018, 03:24:51 PM
 #604

I'm all for getting rid of the banks but not too sure of getting rid of governments. I do believe they need us more than we need them but I can't even imagine the chaos they would be for a time if government were to become null.
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July 07, 2018, 05:15:17 PM
 #605

willing to the extent any level of financial technology in the world of the internet remains tied to the banking, because it is a form of singkronisasi salaing linkage, such as the disbursement of funds from the crypto developed with blockchain technology system today also has a close cooperation with banks which exists so that the capacity requirements of any citizen using crypto can be met.

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July 07, 2018, 06:23:42 PM
 #606

The crypto market sure is dynamic and complicated, but the regulations regarding the economy of fiat money and the sectors that governs them is rather more complex than you can imagine. For crypto to replace the traditional way of how our economy works is really difficult to assume.
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July 07, 2018, 07:05:58 PM
 #607

The Crypto currency has not yet become so widespread in the society, that’s why it continues to need banks and governments. Even if a decentralized era begins, the government will still remain.

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July 07, 2018, 07:07:27 PM
 #608

It was for this purpose that a blockchain technology was created which very many people use today, as well as smart contracts were created to perform many things that people perform. This is our future.
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July 08, 2018, 12:57:49 AM
 #609

It was for this purpose that a blockchain technology was created which very many people use today, as well as smart contracts were created to perform many things that people perform. This is our future.
Yeah because of these reasons, that's why banks and goverments are persist trying to stop the developing of cryptos and of course the blockchain into daily life of their residents.
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July 08, 2018, 10:07:54 AM
 #610

I don't agree that we do not need bank & government anymore, virtually all aspect of our daily needs is yet to be covered by crypto usage. It is yet to be accepted generally, i hope crypto get there soon.
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July 08, 2018, 10:52:53 AM
 #611

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 said, but currently its looking more like utopia idea rather to be real.
There are still many many factors why we still need banks, governments, etc.
Among them reasons i think the main one is - you can't pay for your newspaper or coffee with crypto, you can't get your salary in crypto in most countries, you are still very limited with the things you can do with crypto.
When you say "We" you also mean people who are bankers, government employees and many others who live in such system for decades, you think these people will just allow everything to be decentralized  Huh Not a chance.
To be correct government are actually not preventing blockchain technology from development, currently they are more focused on regulation of this market, with many other problems like scam ICO's, cryptos with 0 value, etc.
Even when the crypto go worldwide mainstream it will take many years for generation to change and start using only cryptos, i think this is highly unlikely to happen in the near future.
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July 08, 2018, 11:03:37 AM
 #612

People will always need a government, they can't live without leader. People invented God because they didn't like their leader. But if there will be no governments there will be chaos.
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July 08, 2018, 02:04:57 PM
 #613

I think we still need government and banks because it's easier. how can you spend your crypto nowadays? or how will you explain crypto world to your grandmother? As we are still developing usability we cannot work without banks.
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July 09, 2018, 12:21:57 PM
 #614

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.
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July 09, 2018, 05:43:07 PM
 #615

Therefore, cryptocurrency is banned in many countries, because the rulers of these countries see them as a danger. The government wants to control us, and with cryptocurrency it will be almost impossible.

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July 09, 2018, 10:49:02 PM
 #616

We can't completely abandon the government and banks yet. Yes, a universal tool that will save us from centralization has already been created, but there is no mechanism to realize all this stuff. Therefore, it is too early to say that we can exist without banks and governments.


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July 09, 2018, 10:59:25 PM
 #617

I do not agree with your statement. A country's government and Banks represent the power of the country, and you live in it and enjoy the benefits that the state brings to you. Although bitcoin is decentralized, it is free to protect people's property, but governments and Banks are also indispensable.
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July 09, 2018, 11:01:27 PM
 #618

with the advent of cryptocurrency, we do not need intermediaries. it is better to make transfers and not pay interest.
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July 09, 2018, 11:09:43 PM
 #619

I do not agree with your statement. A country's government and Banks represent the power of the country, and you live in it and enjoy the benefits that the state brings to you. Although bitcoin is decentralized, it is free to protect people's property, but governments and Banks are also indispensable.
They are giving the regulation but at the same time they are also giving so many strick regulation for us to control our financial and economic system. The government brings the power to the bank to dominating their civilians and forced them to follow the way that has created by the.

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July 09, 2018, 11:14:58 PM
 #620

We can't completely abandon the government and banks yet. Yes, a universal tool that will save us from centralization has already been created, but there is no mechanism to realize all this stuff. Therefore, it is too early to say that we can exist without banks and governments.

I don't think that we can get rid of the banks and the governments at all. First we have to have a system that can take over. We don't have a better system, actually we don't have any system.

 
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