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Topic: Is Bitcoins goal to end governments? - page 10. (Read 2128 times)

sr. member
Activity: 574
Merit: 250
April 24, 2018, 07:44:34 AM
Bitcoin’s potential lies in its underlying technology, a secure system with built-in authentication of transactions and record keeping, which could change the global financial ecosystem and as a consequence change some aspects of government's role.
newbie
Activity: 92
Merit: 0
April 24, 2018, 07:20:54 AM
in fact,bitcoin can have a big impact on changing banks.but its goal is not to eliminate the governments.because ministries need to be organised and bitcoin won't play a major role there. Smiley
newbie
Activity: 9
Merit: 0
April 24, 2018, 07:12:17 AM
No you can't end governments, Bitcoin and cryptocurrency in general were created initially so that we can eventually move away from our current financial system (which let's face it will inevitably crash).
hero member
Activity: 1540
Merit: 508
April 24, 2018, 07:03:13 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)
I think not yet, it still can be affected by goverments and there are many things to do to make it better: transaction speed, fees, security,...
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 24, 2018, 06:57:34 AM
I don't think that bitcoin has a goal to end the government. so far, I know that bitcoin is trying to solve the financial problem, make a fast transaction and not trying to end everyone. maybe they need to read about the bitcoin projects and take a discuss to the bitcoin user so they know what exactly the goal of bitcoin. bitcoin proves to help people and give them a chance to search a new source income to solve their problem, especially in financial problem.
newbie
Activity: 182
Merit: 0
April 24, 2018, 06:56:28 AM
Definitely NO. It`s too naive to talk about the soon end of governments. Governments and political organizations have been here for centuries and no force can interfere that easy into their routine. Ecurrency is a modern type of traditional payment system and officials of many countries are afraid that this technology poses real danger to traditional structures like banks. Some of them try to legalize it, others are strongly against but for now that`s all. It`s better not to panic)
newbie
Activity: 168
Merit: 0
April 24, 2018, 06:53:09 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)

this is totally insane thinking bitcoin will never end the goverment... it may on opposite side.
the goverment will regulate and make the coin to legalize in their country... bitcoin needs goverment to introduce the coin to their people in this way, there would be many investor to come in and will result to value increase of the coin
full member
Activity: 434
Merit: 101
April 24, 2018, 06:51:45 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)
IT IS A BIG NO! Bitcoin's creator Satoshi Nakamoto do not want to end the centralization system of the government but to provide a reward to a mining process which where bitcoin is given to the miner, this was the main goal of bitcoin. Things just get confused because of much potential of bitcoin to be a currency because of its efficiency.
member
Activity: 532
Merit: 15
April 24, 2018, 06:44:50 AM
no, bitcoin don't aim to end any governments, Bitcoin aims to keep people free from government agencies to watch their every financial trail, to end the dirty central banking business - governments are not the enemy of Bitcoin.
member
Activity: 224
Merit: 12
April 24, 2018, 06:09:39 AM
I think governments around the world have already bought and continue to buy bitcoin. Maybe they kept bitcoin in the red zone for a long time, which would be cheaper to buy.
member
Activity: 357
Merit: 12
April 24, 2018, 06:03:31 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)

Bitcoin is not developed and bring into existence to end the government. It is created to help us have an upgraded monetary system. The purpose of the bitcoin are to have a digital transactions, invests without hassle, be a source of income, and easy payment. If bitcoin will end the government that is impossible to happen I think our world would be in chaos due to no one will ever have a control to someone and no one will monitor our doings.
newbie
Activity: 31
Merit: 0
April 24, 2018, 05:48:51 AM
Bitcoin doesn't mean the end of governments. Bitcoin, of course, is trying to confront the Central government, but it will not be able to completely eliminate it. Some state institutions may lose their need. Such as banks for example. In General, the main purpose of bitcoin and blockchain is the fight against taxes and corruption.
member
Activity: 308
Merit: 10
April 24, 2018, 05:43:26 AM
Bitcoin can not end the government. An unmanageable chaos will occur without government. At that time Bitcoin could not exist. Obviously, all progress in all fields is to build the government in particular and the country in general. Bitcoin is the dominant technology in the financial sector. Sooner or later, the government and Bitcoin themselves have made improvements to coexist and develop the same goal of benefiting the population.
newbie
Activity: 98
Merit: 0
April 24, 2018, 04:32:17 AM
I do not think so. Just want bitcoin to help the countries do not even manage the bitcoin point of view because bitcoin helps the poor and want to lift the poor. Because of this the bitcoin helps the to manage to exploit our countrymen who are poor
member
Activity: 238
Merit: 10
April 24, 2018, 04:04:29 AM
I guess its not that it is the main goal of bitcoin. Its basic purpose is for digital transaction and ease way of payments.. With the use of the technology of blockchain its use become easier.
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
April 24, 2018, 03:34:38 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)

Even if we wanted it to happen I don't think bitcoin could actually end the government or even change it, bitcoin as a currency may have drastic impact in one nation's economy but that couldn't actually change the whole system itself. Bitcoin may suggest changes and new outlook in how government works but the governing system of the world can't actually be dismissed for it may ruin the peace and order of each nations.
full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
April 24, 2018, 03:27:56 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)
I do not have any idea about whether Bitcoin will end the government because I want the government to accept it as a form of payment or it could be new investment. We should not make Bitcoin and the government become rivals because Bitcoin never becomes a winner.
full member
Activity: 406
Merit: 100
April 24, 2018, 03:25:26 AM
Thanks to the blockchain, the government's work will become transparent. It will be perfectly clear where, where and how much money goes
newbie
Activity: 30
Merit: 0
April 24, 2018, 03:24:29 AM
Imagine a country without government, typically Somalia, which is thought to be sectarian, illiterate and poor. Indeed, Somalia is one of the poorest countries in the world.
full member
Activity: 854
Merit: 100
April 24, 2018, 03:16:02 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)
How is that going to be possible? Bitcoin has nothing to do with government, the only sector bitcoin will affect is the banking system. Moreover it is given the people a choice, no one is forcing another to use bitcoin. Bitcoin only offers a transparent and fast transactions. It doesn’t offer governing services.
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