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.. 
Topic: Could crypto replace government? - page 3. (Read 730 times)
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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. 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.
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.
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.
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
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
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.
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 .. 
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.
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
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
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.
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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