Bitcoin and other cryptocurrencies have good chances to loose power of governments thanks to diminishing taxation pool.
I see a loop:
More people use Bitcoin -> less taxes govt able to collect -> less funds govt can spend on enforcement of taxation legislation and other totalitarian things like brainwashing and online censorship -> more people use Bitcoin and other cryptocurrecies as real pressure from govt decreases.
Topic: Is Bitcoins goal to end governments? - page 12. (Read 2156 times)
I really don’t see bitcoin ending the government. Banks plus banking institutions may be destabilized by bitcoin, possibly removed from our minds but bitcoin cannot replace the authorities. Especially in countries where the government provides open free services like school, healthcare, and thus on.
Bitcoin is actually an approach to get rid of power making all decisions concerning money. As bitcoin is usually not controlled by someone, it is supposed to be able to be neutral, incorruptible. Nevertheless it is not adequate to rule an individual population.
Bitcoin is actually an approach to get rid of power making all decisions concerning money. As bitcoin is usually not controlled by someone, it is supposed to be able to be neutral, incorruptible. Nevertheless it is not adequate to rule an individual population.
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)
in the presence of bitcoin does not mean the government is eliminated and bitcoin is designated as digital money and bitcoin is set to use electronic equipment with peer to peer system, so the command is unlikely to lose in my opinion, and with bitcoin also many people helped for financial problems and facilitate payment transactions between cities and countries 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)
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I do not think bitcoin is to end the governments.On the contrary, bitcoin governments can keep up.İf governments keep up with bitcoin, it will be much stronger.
Bitcoin is the only asset in the world which is nt controlled by governments it is free and independent from governments the main intention of Satoshi is to free from governments
I do not agree. Without banks, we do not cash the bitcoins. And without the government it is impossible. It's like a car without a driver or a herd of some animals. Mankind, for the most part, is not ready for such a turn.
Nope. Bitcoint was not designed to end the goverment instead, it helps the normal people to have some extra income aside from their full time jobs. I think there are few goverments around the world that is really not into bitcoin and wants it to end as possible because it has some threat to them. And also, although bitcoin is really powerful right know, still it does not have the power. It is very impossible for the bitcoin to end the goverment because the fact that goverment is way more larger than the bitcoin really makes it impossible.
I don't think bitcoin will end the government, it's impossible. Bitcoin will end monopoly banks, it will provide a new system of payments, replace current type of economy.
The reason for this hold on fiat currency for crypto is the banks are threatened. Stall and protect the corrupt.
Lol. It will not end the Governments. Government would end Bitcoin, if they know they are in trouble 
I am not underestimating the power of Bitcoin or cryptocurrency. But the fact is what I said.
I am not underestimating the power of Bitcoin or cryptocurrency. But the fact is what I said.
Bitcoin concept is not to end government or any organisation, rather, it's concept is to decentralize cash flow to every people in the world and benefit through it with digital economy in which banks or any financial organisation intervention is not required. Governments is to serve people in different ways like protecting them, providing security in the society etc but for Bitcoin it is just to decentralize currency economy to the people.
Maybe you wanna say to end banks not governments.
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 its not bitcoin are not intension to stop or end governments perhaps they are heloing them people to get success 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)
Whoever said that crypto will end governments has completely no sense. Good or bad, the government is there so that someone can oversee a nation. Without the government, citizens will just do as they please and chaos will ensue. Nobody to coordinate regions and rules will be mixed. And that is not the aim of crypto.
In what aspect? Just financial? Then ok because else the Govt cant be replaced because a govt has a numerous responsibility to perform
I think that Bitcoin's purpose is decentralized with such status so that people do not work in bitcoin. According to me, no government will want to end it. Because the government must pay tax from Bitcoin. Even Bitcoin works for the development of the country and the country. The country's trading system is fast. If it wanted to stop, countries such as Japan, China and Russia would accept it.
It is a threat to banks mainly but banks will do everything to make it unsuccessful. They are already spreading negative news related to bitcoins.
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)
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. Bitcoin's purpose is not distabilize government but rather help it through taxes from transactions as well as helping products move in the market.
Bitcoin will never end a government because government was established and will still stand even without bitcoin mainly because of traditional fiat money for transactions.
Are not. Bitcoin's goal is to create a more positive form of currency trading. Ensure personal safety and convenience. Bitcoin is completely formed to form a new trend in the future. The search for and investment in Bitcoin by the people will cause some difficulties for the government. But the government can not deny the role of the Cryptocurrency market. They can only set up a legal framework for management, not a complete ban on Bitcoin. The goal of Bitcoin is not to end the existence of the government.
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