Cryptocurrencies Vs Governments – Can they co-exist?

[ClassyDancer]

Yes, I think they can co-exist. For instance, this article states how other countries do it.
https://cryptocoin.news/analysis/adoption/cryptocurrencies-vs-governments-can-they-co-exist-20006/

“Japan, in turn, embraced cryptocurrencies to capitalize on the crackdown going on in China. The government issued licenses to almost a dozen cryptocurrency exchanges. Most of the regulations in Japan are meant to increase security since Japan has recently had some high profile hacks.”

“in South Korea, most of the regulations are meant to combat money laundering and tax evasion. For example, cryptocurrency exchanges can only do business with people who use real, verifiable names on their bank accounts. South Korea has recently established a new organization called the Financial Innovation Bureau, to encourage the cryptocurrency industry.”

See? Crypto can exist and thrive despite having regulations. I think the rest of the world should follow suit.

[WalletPlus]

In the past, we had the separation of religion/governments, now is the time to separate banks/governments, in my knowledge they are working hand in hand even today. And crypto is the best way to do that, but god damn the banks are owning the world right now. It is a scary thought. And I believe no one loves bankers, everybody would love to see that profession to die and they are not doing anything productive to the society, only by giving loans, and have the evilest things every invented interest rates!

[SneakyLady]

It's likely that all major entities will attempt to become "worlds" of sorts and will issue their own cryptocurrencies.

https://www.bloomberg.com/news/articles/2018-02-12/why-governments-might-join-the-cryptocurrency-craze-quicktake

"With crypto mania sweeping the world, a handful of countries have stirred at the possibility of issuing their own virtual currencies based on blockchain"

We will vote on which "world" is worthwhile by living there, and is dependent on each's respective benefits. Facebook has also toyed with the idea of creating its own cryptocurrency. They're also heavily investing in VR, which means they envision a digital future and a digital economy.

[raatnak]

Probably not since crypto is definetely staying on their way

[SoiledDove]

Crypto currency is part of revolutionary changes which are taking place in society as a result of the emergence of new technologies such as virtual reality (VR) and artificial intelligence (AI). Within just a single generation, life as we know it has changed forever. We have more technology in our smartphones now than our astronauts had going to the moon. And the changes will continue. This is only the beginning. Currency is changing. It's taking on a new shape and form, as crypto currency. If an immovable institution like currency can change so drastically, then why not forms of governance also? What form governance takes in the future remains to be seen. But one thing is certain. As currency is changing forever. Just wait and watch.

[Ladysmith]

The world that blockchain, cryptocurrencies and new technology will create will will make governments unnecessary and even considered "old-school." Transactions will be safe and secure without the need for a bank. Laws can't be as easily broken if each transaction is recorded in the blockchain. AI will do the dirty work for us while immersive tech will essentially create resourceless virtual worlds.