We do not need government and bank any more

[Coin-1]

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.

I disagree too. The governments are needed for managing all processes in the countries. Their main role is protection and safety of the citizens, i.e supplying the armed forces and police. Crypto currency is just a payment system and can be used as a savings or trading assets. I guess the crypto currencies will be accepted more widely in the future.

[manyung]

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.

[maoasd99z99]

ndeed, cryptocurrency is a currency which doesnt need government or bank, government see that threat that's why some countries banned bitcoin, but some countries saw that crypto might be in use, so some of them reverse that decision and finally accept cryptocurrency.

[Alex Foman]

I believe that at least the crypto currency has a great influence on us and is of interest. Perhaps, even we are absorbed in the idea of life in the crooked world. But I do not think we do not need banks and government. They have their own mission.

[makerst]

Sometimes I am visited by different thoughts that we can lose what we managed to achieve in general during this time, if we integrate smart contracts, then many people will lose their vacancies, where will they need to work?

[Bonanzabits]

It will be a very long time before we really can seriously talk about the government and the banks as rudiments. The government is in any case necessary for society, sooner or later we will create a fully automatic system for this, which will be unrelated to the financing of labor and products of human production. We are waiting, I think it will happen in our time.

[haithomocduong]

This may be a very far-sighted idea, but I think that the distance is very long, it may take 200-1000 years, and this is not too much relationship with you, so I think this is impossible.

[Criptomen]

To live without Banks is quite realistic i think, but living without goverment will be problematic. There is a very large infrastructure, we pay taxes, taxes are partly spent on the wages of workers serving the city. Remove the goverment and it will be chaos, garbage on the streets, robbery and other negative consequences that no one will regulate will begin. For example, in Somalia there was no government for 15 years in the 1990-2000s. During this time, armed groups of local clans, pirates and Islamic extremists fought in the country. It was unrealistic to live there.

[samuelphedra]

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.

[sabtu malam]

Indeed by seeing the greatness of crypto. Then one day it could be that the existence of the bank could be meaningless. Because all impressed very easily with crypto. However, I think, this will be very contrary to the existing Government. Of course this also cannot be applied in all countries. It's possible only in a few countries only.

[zalizoll]

The Government and the Bank of a country represent the power of the state, and you live in it and enjoy the benefits that the state gives you. Although bitcoin is decentralized, it is free to protect the property of people, but the government and the Bank are also indispensable. So too arrogant if you say you do not need the bank and the government.

[Gheka]

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.

I disagree too. The governments are needed for managing all processes in the countries. Their main role is protection and safety of the citizens, i.e supplying the armed forces and police. Crypto currency is just a payment system and can be used as a savings or trading assets. I guess the crypto currencies will be accepted more widely in the future.

Well, more widely accepted is what will happen in the future when in recent times, people in most countries around the world are beginning to realize the utility that crypto can bring, as long as the government allows, people will probably experiment and if they feel okay, crypto will be a trending products. However, even if crypto is better, it's still an investment product, it can not replace the role of government and banks, governments and banks that have survived and improved over time to match the activity of society, we need them to orient and sustain development, without them, the society would be very disorderly

[pwndyu]

t's a bit ealy to deduct that but mostly government and banks are parasite on the people. We can replace banks with crypto and the current government should be replaced by a people centric government that doesn't punish people to make a profit for their advertisers.

[davisagughalam]

I don't agree as we do still need governments and banks to avoid chaos due to volatility in the crypto world. Besides , till your grocery store begins to accept digital currency , you still need banks as crypto does not have as much mass adoption as it would need to be a major force in the economy just like FIAT. Still a long way to go before that .

[notoriousdumper]

I think that there will be a day in which the banks will play a side role in peoples economy, but I may not see it.

[pjr77]

I don't think that's really going to happen. There will always be an ordinary government, and cryptocurrencies will continue to stand aside. Now, at the beginning of the existence of crypto-currencies, it is extremely stupid to think about this

[jpnl0006]

the need for modernization in some ancient practices has let to the discovery of technological innovations. hence, there is no further need for the traditional banking system since the blockchain technology has taken over the financial wing of the technology and has made it take a different turn in form of decentralization

[market-beta]

if I think the government and the Bank is very important to help the bitcoin digital world to be better and accepted by all countries and communities. so bitcoin into digital money that can be received like a banknote .

[znakistu]

Now everyone thinks so because of maximalism. It is impossible not to talk about the state and the change of the usual way of life when such technologies appeared. I have been thinking about it for a long time and it seems to me that a lot can change, but the state will never change

[acheampong64]

Indeed an era is coming that people will less depend on Banks. Currently because we somehow depend on banks, we get worried by their regulations. That's sometimes due to the crypto/fiat exchange, but after sometime if crypto grows and becomes well adopted, we shall reduce our dependency on the banks.