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Topic: Is Bitcoins goal to end governments? (Read 2165 times)

newbie
Activity: 70
Merit: 0
April 29, 2018, 11:03:48 PM
Bitcoin doesn’t necessarily attack the government. Instead, it focuses on the monetary policies. It is a threat to them because unlike other currencies, it is not regulated by the government.
sr. member
Activity: 616
Merit: 250
April 29, 2018, 10:46:37 PM
I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
we do not want that I think many investors who want bitcoin are well received in their country and the government is working together so our investment becomes comfortable and safe in investing
member
Activity: 184
Merit: 10
Token That Will Transform The Venture Capital Mark
April 29, 2018, 10:27:00 PM
I think bitcoin is not designed to end the government but instead improve the world’s monetary syatem. I think the goverment should support bitcoin by updating our policies to adapt this new system. I believe through bitcoin, we will avoid future financial crisis saving all the economies in the world. The government should work side by side with bitcoin and other crypto currencies.
yes right i agree with you bitcoin made not to destroy the government. precisely the presence of bitcoin has helped us, especially in the economic field. a decentralized bitcoin system can prevent inflation. bitcon will not destroy the bitcpoin government created to prevent the global monetary crisis.
jr. member
Activity: 412
Merit: 3
April 29, 2018, 10:01:45 PM
Bitcoin does not need banks and is difficult to control. But to end the era of government is far away
newbie
Activity: 174
Merit: 0
April 29, 2018, 08:40:47 PM
How is it possible that bitcoin will end government? Because you are part of the governance system of your country. Probably it is where to shut down the centralized system of some agencies like the bank. Bitcoin can rather maximize the economy of individuals in the country.
member
Activity: 238
Merit: 10
April 29, 2018, 08:19:56 PM
Its not true, bitcoin goal is to improve more power to blockchain technology and help the users to improve their lives and not to end government, the government is the one who protect the people in economic growth of the country, they have different aspects.
member
Activity: 327
Merit: 15
April 29, 2018, 08:04:48 PM
for the security and smoothness of bitcoin, it's supposed to be watching, everyone is afraid of losing money, because there is nothing to manage, if if the government set the bitcoin correctly, the bitcoin price will go up
jr. member
Activity: 340
Merit: 1
April 29, 2018, 06:13:28 PM
I think its impossible because goverment is the center how the community growth and improve. Bitcoin can't destroy goverment it would not easy to do that. I think bitcoin will improve the goverment in field of transaction and build infrastracture it will be a source of income to have a better future in a country.
newbie
Activity: 154
Merit: 0
April 29, 2018, 05:49:07 PM
Hmm, I found it's quite irrelevant that Bitcoin's ultimate goal is to end government. It's an "mission impossible" to end all the governments around the world, unless there's a bigger united force that able to take control over the world.

So, it's unlikely for Bitcoins to put governments into the end...

Bitcoin concerning about digital currency it has the source to improve new technology of the world and government has it's laws that people follows on it they have different options to make a progressive world.
copper member
Activity: 224
Merit: 3
April 29, 2018, 05:40:41 PM
Certainly not, we would always need government of some sort in every human society just to balance things in other spheres. But it may drastically reduce the degree of government control on people's finances and economy in general. I believe the best is for both to correlate.
member
Activity: 265
Merit: 10
The World’s First Blockchain Core
April 29, 2018, 05:08:03 PM
btc has not the power near the mission to end governments rather with the new blockchain technology governmetns could have more access in control and update it for themselves.
member
Activity: 263
Merit: 12
April 29, 2018, 05:06:47 PM
I think bitcoin goal is not to the government , bitcoin is cryptocurrency this all about business and investment and if were talking about government , government is all about nations improvement .If both  government and bitcoin will combined that would good .
member
Activity: 350
Merit: 10
Fast, Smart, Trustworthy
April 29, 2018, 03:42:27 PM
Crypto is unstoppable one day it will overcome all opposition. Let's see what happens next.
member
Activity: 238
Merit: 11
April 29, 2018, 10:15:10 AM
The goal of the developers was to create a system of completely irreversible transactions, when an electronic payment between two parties takes place without a third guarantor party and neither of the parties, including any external administrator (bank, tax, judicial and other state bodies), could not cancel, block, challenge, or force a transaction.
sr. member
Activity: 756
Merit: 257
Freshdice.com
April 29, 2018, 08:18:12 AM
I have seen many people say that Bitcoin will end governments.

But do we really want that?

And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
No. Why would bitcoin will end the government if it is just a currency. The only aim of bitcoin is to be the worls no. 1 currency and to be used by everyone. I think bitcoin can only end banks because blockchain is more better than any other banks, so there are no reasons for bitcoin can end the governments.
jr. member
Activity: 42
Merit: 4
April 29, 2018, 08:12:12 AM
Simple answer for this is Not in out lifetime, It will take a lot more time for bitcoin to take over the world if that's ever gonna happen, still don't forget governments have full control over peoples lives, so it will never be easy, when they see it as a threat to them, governments shut down those projects and ban people from using them, and they will stay in control.

So either governments or Banks will not going to close because of bitcoin, the chance is to happen other side of this, Central banks and governments can really shut down Cryptocurrency. So no need to think of that or spread false rumors, just make your profit while you can and invest in real life projects and stay under the radar as long as possible.
sr. member
Activity: 434
Merit: 251
April 29, 2018, 07:42:39 AM
I don't think this way, bitcoin is just decentralized cryptocurrency created for people. The main purpose of bitcoin is to exclude government and other third sides from deal.
newbie
Activity: 71
Merit: 0
April 29, 2018, 07:41:55 AM
Yes, I believe Bitcoin has a lot of energy in the future, I am not sure who it uses, because it is the way to get Bitcoin deposited. My money is very quick
The crypto coin gold will soon begin to include the bitcoin in the national bank's reserve, because it will be the correct idea of ​​government
full member
Activity: 308
Merit: 128
Here I come! Again!
April 29, 2018, 07:33:16 AM
I don't see connection here why would Bitcoin try to end governments. Bitcoin can first only  replace our digital money that already exist (visa,mastercard,paypal) and huge success for BTC would be if can replace our fiat(usd,eur...)

Right, I also cannot see why bitcoin will end governmental system. Without system this world will turn to chaos for sure.
Bitcoin was created to make human life better, to complement the existing payment system not replacing it. Crypto for now work best in the case of overseas transfer
member
Activity: 187
Merit: 10
April 29, 2018, 07:27:31 AM
To end goverment is really not related to the goal of blockchain. The aim of bitcoin is to use in real world. They want to change the traditional banking syste, that is the purpose why a lot of you coin now. They insist that Blockchain is better than Bank in term of transaction fee, speed and you can directly transact to people anytime anywhere in world.
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