uneng
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August 02, 2021, 02:18:08 AM |
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Could such a system of government work?
Probably not, because most people aren't able to take the decisions you mentioned. There are complex subjects governments face daily and there are specialized people to solve these subjects and keep the country working. If you put the common citizens to solve technical subjects through voting it is not going to work, because these people have no idea how things really work or should be done. Also, a smart contract system like that would kill any secret intelligence service the country has, because everything would be public. Furthermore, a country like this would be really vulnerable to foreigner sabotage/influence. Extremist systems aren't a good idea and an extreme democracy is equally bad or even worse than a tyranny.
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Fundamentals Of
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August 02, 2021, 02:35:10 AM |
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No, this is impossible to happen. Pure democracy is even an illusion. It is an idea, a good idea, but is simply an idea.
Switzerland operates as a pure democracy. They are the 6th richest country in the world, per capita. It is a reality. Why not move that voting system to the blockchain? Why can the blockchain not be the "leader?" Most cryptos have a consensus voting mechanism. Why do people feel they need a figurehead? If what is operating in Switzerland is pure democracy and it worked in reality, could it then be copied by any other country and expect the same result? If not, then I guess I should stick to my argument that pure democracy is an illusion. By the way, The perfect democracy does not exist – not even in Switzerland. However, I fully support moving the voting system to the blockchain. That makes the process a world better. But I also admit that it isn't enough to make elections fair and pure.
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Rruchi man
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August 02, 2021, 02:38:53 AM |
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The answer to this is fairly obvious, crypto or no Blockchain can replace the government.
The system of government was established to maintain law and order and keep sanity in the society, the functions of government are numerous and of importance and it cannot be completely replaced by a smart contract.
Government is the foundation on which a country is governed and has been around for a very long time, it has faced so many challenges and issues, and it's way of governance/voting has been modified a lot to keep the system of society running. In my opinion, crypto has not stayed long enough for us to even consider it replacing the government.
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fullhdpixel
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August 02, 2021, 04:53:13 PM |
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Our currencies could no longer be devalued to pay elite politicians' friends in the financial industries.
Could such a system of government work?
Nah that’s not going to happen and you know that. Let’s say, imagine that there was anything that was going to replace the government, how possible is it to you that the government is going to sit and allow that after they have seen it? They are not going to allow it. I believe they are not fighting very hard against bitcoin or the cryptocurrency in general because they believe that it is not a threat to them at all. So, I don’t see that happening at all. Though the one thing that has always bothered me is companies like Facebook, Google and the rest of them that are always using users information for their ads business. They really don’t care about their users since they are selling them to companies.
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Liamttw
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August 03, 2021, 08:24:47 AM |
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Encryption will not replace the government, they may use the advantageous encryption technology in their own systems. The function of the government is to protect and supervise the people, solve emergency needs, and play a huge role in organizing and solving the problems of each country. While encryption is decentralized, it is free and free from any manipulation, and the smart contract in encryption is not used in our daily life, it cannot replace government functions.
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marilynmanson21
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August 03, 2021, 12:51:13 PM |
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NEVER, crypto will never be able to replace government, where the economy will not survive and thrive without the intervention of government supervision. not to mention the financial problems of each country which have their own complexities and problems where the government is responsible for solving them
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glendall
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August 03, 2021, 12:59:58 PM |
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if the government does not intervene, the country may be in chaos, where state finances will be out of control, there will be a lot of money laundering by its own employees, the value of the currency will be lost and worthless, but crypto and blockchain systems can enter the government to make work easier and evaluate using the platforms they offer
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Wind_FURY
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August 03, 2021, 01:07:24 PM |
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If somehow it were designed in such a way that each person only had one vote and there were no centralized developers, we would have a pure democracy.
Solve that problem first, only THEN can you ask if “crypto could replace the government”. With Bitcoin, it was first conceptualized by Satoshi that it’s 1 CPU = 1 Vote, but as mining became specialized, it has also cartelized. But to the topic, I don’t believe crypto could, or will, replace the government, but it is removing the government from money.
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cotton ball
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August 03, 2021, 01:30:36 PM |
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NEVER, crypto will never be able to replace government, where the economy will not survive and thrive without the intervention of government supervision. not to mention the financial problems of each country which have their own complexities and problems where the government is responsible for solving them
It's true, as you said, my friend, bitcoin will never be able to replace the government, because the world economy will collapse and not develop, because we know that the government's role in managing world finances is very large, and heavy, if the world without governments will surely be destroyed ..
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Obito
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August 03, 2021, 07:31:44 PM |
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Nope, it can't and even if it does, what does crypto exactly do to manage the people and the ensuing chaos after deposing the current government. Plus, what we should worry more is that each generation, children gets dumber than the last time which will end up with lower critical thinking skills but I digress, I think crypto has it's limits and I don't think of any way that it can manage a country.
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capcaypro
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August 03, 2021, 08:00:33 PM |
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some of the specs you say sound pretty good but do you think it's just that simple? I think the government has thought about this carefully and of course they have prepared a strategy not to let this happen. and when the government is not in a country, will the country be okay? I don't think so because there will be no balance to manage a government and everyone will have the nature to be a ruler and that will not be good it could even be very chaotic
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carlfebz2
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August 03, 2021, 08:46:53 PM |
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If somehow it were designed in such a way that each person only had one vote and there were no centralized developers, we would have a pure democracy.
Solve that problem first, only THEN can you ask if “crypto could replace the government”. With Bitcoin, it was first conceptualized by Satoshi that it’s 1 CPU = 1 Vote, but as mining became specialized, it has also cartelized. But to the topic, I don’t believe crypto could, or will, replace the government, but it is removing the government from money. It is removing that pure centralized thing thats why they do really hate it and finding ways to suppress it but they do fail out into that manner and just like what others been saying about as long government does exist then theres no way that crypto would take ahead. Centralized things will be always on the top but due to other options that we do have then at least we do have already some option to take which would really be breaking those shackles of being traced or monitored and thats the main thing on why it is mostly been hated.
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Connor Britton
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August 04, 2021, 08:06:15 AM |
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Lets just accept that this wont become a reality.Yes, smart contracts is revolutionary but we cant really just deny that there are things which do works only on where government or in short in centralized things.
Just like been mentioned above by hatshepsut93 was actually on point.So dont expect that it would really happen and both things do function on different key areas.
Why would really pushing that it would really replace the government? Everything would have their own function of its existence.
Cryptocurrency is anonymous. I think that cryptocurrency can only be effective for some small countries if it wants to replace the government. If cryptocurrency wants to replace the government, then the governments of various countries will definitely suppress the cryptocurrency, and it will take time and the maturity of all technologies to replace the government with encryption.
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JerryKin
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August 04, 2021, 09:56:23 AM |
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Quite an imagination I'd say. As much as we want to believe that Bitcoin has a great future. I think this is one can't be a reality. Governance is meant to create and maintain order in a much larger and a disorder susceptible system. There's no way crypto would do all of these without being influenced by a third party. Thereby loosing it's integrity.
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Taskford
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August 04, 2021, 10:37:03 AM |
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Quite an imagination I'd say. As much as we want to believe that Bitcoin has a great future. I think this is one can't be a reality. Governance is meant to create and maintain order in a much larger and a disorder susceptible system. There's no way crypto would do all of these without being influenced by a third party. Thereby loosing it's integrity.
Especially crypto has no entity since no one holds it so for sure theirs no strong laws will make it as a legal replacement of whatsoever things we imagine. For sure government will still prevail since we know how strong the government is and if they see something strange which doesn't give them any benefits for sure they will put a regulation or maybe stop its spread on their country that's why we see some other country ban bitcoin since they don't want this interfere on their economic run.
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Shenzou
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August 04, 2021, 10:42:03 AM |
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Crypto and smart contracts could be a valid option to ensure the integrity of transactions and contracts, but to actually replace the whole government that is not something that i can see it happening, love it or hate it we elect government so that they may take decisions regarding things instead of us, but we can use smart contracts to monitor their decisions and the transactions that they do.
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5thFear
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August 04, 2021, 11:51:08 AM |
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Crypto is not going to replace the government as of now. But it has opened up endless possibilities about the future and how the system is going to work. It actually is liberating the human beings from the slavery of these govt. Though the people think that the govt is for them.
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dupee419
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August 04, 2021, 02:35:21 PM |
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Let's say that it is possible, smart contracts are not just that efficient for the world to be used, but it cannot be impossible for such a scenario to happen in the future, we may think that we are already advancing technology at its fastest pace, but we cannot deny the fact that we are literally just starting from an evolution, technology has been growing faster and faster through the years, just imagine how faster it'll advance in the next 10 years, it may be possible but governments play a big role, crypto alone and smart contracts won't just do.
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BOAEDAN
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August 04, 2021, 03:07:20 PM |
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can krypto replace the government, my answer is definitely no, one country if there is no government their country will surely be destroyed, we must believe the role of government in one country is very important, the government regulates all state finances, if the government is good the country will develop and the economy will continue to increase, but if the government is unjust, the country will surely be destroyed.
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romero121
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August 04, 2021, 03:17:32 PM |
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Government is a group of people or a governing authority that rule the entire country/state/territory based on the law/act created and documented on different occasions.
How this could be replaced by the crypto ? The technology is a pathway that can make the government's function and operations in a much transparent way. To the fast moving world people give bribe to get things done on a faster phase. These things can be done in a transparent and in a organised manner. This way through transparency the government can be made to be more effective and not complete replacement.
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