Could crypto replace government?

[jakdanyel]

I don't see cryptocurrencies taking charge instead of governments in the future. I think that there will always be governments. However, we will stop using fiat money completely some day and start using digital currencies that are developed by governments.

I think that none of the cryptocurrencies can be the global currency of the world. If there wasn't the volatility, then I'd have started thinking the opposite way.

[Yatsan]

Of course not. Cryptocurrencies does not exist to oppose the law and the government who have created it. It just that there is still a difficulty on understanding on both parties making it real hard for government to allow it freely to be circulating on their country maybe because they are thinking for the sake of their people. But even such issues arises on different countries, this will not lead for crypto to get in charge and push away government. Nothing like that could ever happen.

[Shasha80]

Of course not. Cryptocurrencies does not exist to oppose the law and the government who have created it. It just that there is still a difficulty on understanding on both parties making it real hard for government to allow it freely to be circulating on their country maybe because they are thinking for the sake of their people. But even such issues arises on different countries, this will not lead for crypto to get in charge and push away government. Nothing like that could ever happen.

Cryptocurrency was created not to fight the government, cryptocurrency only provides an alternative payment. Even Crypto is not to replace fiat,
so it is highly unlikely that crypto will replace government. Maybe there are those who think so, because there are still some countries whose
governments reject crypto. That's because the government can't control crypto and thinks crypto will threaten the existence of fiat. Even though
such thinking is not true, we can see what happens to countries that accept crypto, in that country crypto can co-exist with fiat. So don't
let us misunderstand the accusations that are not proven true, therefore it is necessary to learn crypto properly. So that there is no misunderstanding
about cryptocurrencies.

[cotton ball]

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.

I totally agree with your opinion, crypto will never be able to replace the government, because the government's role is very big, if the government is good their country will definitely progress, but if the government is not fair, the country will definitely be destroyed, let alone in the country, in one district If there is no government, it will surely be destroyed too, in a small family, losing no one in the family will surely be destroyed too, even though they have a lot of money, if there is no leader, they will not be happy..

[mbe48]

To change the government will never be possible.. But I think your thinking is going too far and will not happen for now, but if implementing a blockchain system that can happen now it is possible to adapt it in financial security and that should also be in trials. There is still an introduction to using blockchain, so that the world community understands the system that is running.

[Xinarae*]

I don't think crypto can replace government because crypto is decentralized and many countries don't support it. Although blockchain technology has made it easier to transact fiat is more used in everyday life the government wants to control everything according to its own will the use of cryptocurrencies is limited to the online world and its use in the external world is much less. The argument for replacing the conventional fiat currency with cryptocurrency does not stand up to scrutiny whether the central bank will approve cryptocurrency as a medium of exchange is still unclear.

[Ozero]

Governments have many and many useful functions that no program can replace. If you transfer control of such functions to an artificial Internet, then machines will control people and this is very dangerous. It is better not to do such experiments.
Therefore, cryptocurrency is not able to replace governments, it cannot quickly solve various current problems of state structure and management, which the government solves every day.

[Rajamuda]

We know at this time Bitcoin is still being opposed by most governments from all over the country, due to certain concerns that it has taken into consideration. Crypto's role would never replace the government, the role of government is of course very more important, for all systems in it there are also many things related to it for the sake of advancing the country. And here crypto will only be a complement to the citizens of the countries, even though some still oppose it and judge it as something like a threat.

[awik p]

upside down statement I think, the government is the ultimate control holder in a country, and crypto can't replace it. we can see at this point where crypto is banned as a means of payment, and no one dares to use it or is going to deal with the law. but we are still grateful that we can still make money from crypto, and that is also what the government allows

[S A KHAIR]

It became a little advanced thinking. A vast adoption of Bitcoin may happen but, it has to be with the help of the government. If a country's government wants to ban Bitcoin, it can do so without any accountability. No government is dependent on Bitcoin, on the other hand, Bitcoin is dependent on Govt. for its adoption. moreover, Bitcoin was never made to replace the government.

[VanityWallets2015]

Of course not, that's why it is called government it needs to govern. People voted other people to govern their society if the crypto replace the government then there's no one to lead us or govern us and of course it would lead to chaos, so people should stop thinking that crypto could replace the government or fiat since it would be impossible.

[Kong Hey Pakboy]

Of course not, that's why it is called government it needs to govern. People voted other people to govern their society if the crypto replace the government then there's no one to lead us or govern us and of course it would lead to chaos, so people should stop thinking that crypto could replace the government or fiat since it would be impossible.

Exactly, and it's not like crypto is the panacea for the problems that will be left behind when the government is removed or deposed. Plus, there are limitations to what bitcoin can do when it comes to solving social and political issues, can it defeat the corruption? No. Can bitcoin solve the rampant violence against women and children? No. Coincidentally, the government can probably solve those.

[isaac_clarke22]

~

This is kind of similar when people back then discussed if Bitcoin will replace fiat or even gold. Kind of an absurd thread to discuss at back in the days, because Bitcoin is not regulated by anybody and government is all by means of regulation/s taking only the word itself.
From the looks of it, it will only exist along with fiat and government would still be there because otherwise there would be anarchy.

[Tumanggor]

I don't find a chance that crypto can replace government
the government will definitely do various ways to dispel crypto to replace them

Bitcoin was not created to replace fiat or the government. bitcoin was created to make it easier for us to make transfers and also unite all the differences that exist in the world
many poor countries whose currency is not in demand and only bitcoin can save them. bitcoin is the unifier of the world

[dothebeats]

Smart contracts aren't something that can kick the governments out, nor can hold something so important and set it into stone. It takes a lot more than that in order to replace the government and have the people believe in what you are saying. While it's true that a lot of people are already fed up with the governments' control and lack of actual welfare to their citizens, but is our current society ready to make the leap away from what's already in place for a few millennia now?

Crypto can be, at most, a way to work around unjust restrictions imposed by the governments, but definitely not something that will overthrow or replace it.

[nicecrypto]

Smart contracts aren't something that can kick the governments out, nor can hold something so important and set it into stone. It takes a lot more than that in order to replace the government and have the people believe in what you are saying. While it's true that a lot of people are already fed up with the governments' control and lack of actual welfare to their citizens, but is our current society ready to make the leap away from what's already in place for a few millennia now?

Crypto can be, at most, a way to work around unjust restrictions imposed by the governments, but definitely not something that will overthrow or replace it.

Right, but I think some people are overthinking what Bitcoin is and was supposed to be and do. Bitcoin is changing lives but as far as replacing fiat as I have seen some people speak about and replacing Government is still a long way off for me. On a global scale, the adoption of Bitcoin is still very little and until we have that global adoption and acceptance as Fiat is, it will still save as a speculative and Investment option. 

[retnoanjani]

bitcoin is indeed the best innovation today to overcome the shortcomings of the centralized system. but the purpose of the creation of bitcoin is not to replace, but to provide an alternative choice for people who like freedom and transparency, without complicated administrative requirements. Although effective, bitcoin also has drawbacks, so the use of government-regulated paper money cannot be replaced just like that.
why don't we expect the two to go hand in hand? why outperform each other when we can benefit from both?

[DibiaVxosis]

That was beyond thinking and futuristic but that won't happen. Governments will never allow this to happen, they might take some of the advance technologies and adopt it for the good.

But I just can't see that this is going to happen and a government will try to apply this with their system. Maybe for some small states and cities, they can do this but it's just too much to think of it.

The truth here is government wouldn't want to have anything doing with crypto talk more of using a system like this, the taught is nice and if it's been applied to our normal routine in an election surely there did be fair and corruption free elections, but no matter what the government won't even think of doing that even tho they see a light or great importance in it, and let's be realistic here the government itself loves corruption, say no more.

[Xinarae*]

I think that this will not happen in the near future, and they will develop in parallel. But in the near future, changes are inevitable.

Yes it is not possible in the future because crypto is not supported in many places it will never be possible for the government to remove crypto for its own benefit because no one can control crypto. It is not possible to change it but crypto is more profitable than government replacement currency.

[sisikin]

If encryption can replace the government. The government will take action. Governments of various countries may ban the use of Bitcoin in the country.