Topic: Is Bitcoins goal to end governments? - page 14. (Read 2156 times)
The initial goal is to create a bitcoin yes as a currency not to end the government. From the side where bitcoin can destroy the government, economists do not. Bitcoin absorbs only 1% of the country. So I do not think there is any indication that bitcoin can end the government.
No, Bitcoin goal is to facilitate the financial transactions around the world, and to offer people a decentralized currency out of the control of governments and banks , different than used fiat currencies.
And thats why it is still very attractive for so many people and new comers every day almost.
And thats why it is still very attractive for so many people and new comers every day almost.
That's impossible, unless you are thinking about maybe debalancing the economic flow run by those said governments because they will not be able to tax Bitcoin transactions, which will maybe close a few banks.
No, Bitcoin will not stop government but will rather help government in running their business if they will incorporate blockchain in their system. Blockchain will reduce or stop fraud and make government transaction processes faster.
No basically it's not at all! Bitcoin's general goal is to be a means of earning to helpdo a lot of people. It could be way of currency to just how it is right now. I don't think that its capability of beingit decentralized means it will end government. There's no way and point that bitcoin is about to do that. It's just a fake news.
There's a lot ways someone can keep bitcoin most of them are safe and some of them are even safest as example various online wallet service like coinbase provides service where we can keep our bitcoin safe but there's more safest system available such as external portable wallet available where you can keep your bitcoin and you can carry it anywhere you want. This method made bitcoin reserve even safe as long the portable device is safe the bitcoin will be safe. Then again online wallet services now providing more secure method like two factor authentication that made bitcoin transaction more secure and safe.
No bitcoin was not created to end or eliminate government. I believe that bitcoins original goal is be used as a currency or a mode of payment with every transactions being anonymous therefore no other third party will benefit or implement hidden charges. With that reason banks and government hates bitcoin because they can't make money out of every transactions made.
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)
I don't think so. It's here to end banks. Yes, if blockchain is applied also on governmental level, it can end the governments as we know that, but we're no there quite yet
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin gives power to the people.
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 has great benefits in the field of economics and it affects other areas. But Bitcoin can not end the government. If Bitcoin is growing, Bitcoin is under the government is control. 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 will not stop government but will rather help government in running their business if they will incorporate blockchain in their system. Blockchain will reduce or stop fraud and make government transaction processes faster.
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 you are wrong because the desire of bitcoin investors can be recognized by the government as the applicable currency, if it is already possible official in our investment more secure and comfortable in doing so 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 one says Bitcoin could end government since it's plainly amazing, all Bitcoin could do is end/change/pass on agitation to current budgetary and money system. I'm what you heard were either "Bitcoin could crush an organization/country budgetary" or "Bitcoin could wreck existing dealing with a record and system currency". Bitcoin was planned to be made to end the way keeping cash structure works and give another course of action of portions. Regardless, people are not focusing on the portion side and are focusing more on the favorable position side of it to deliver more money for themselves. The progression of BTC is required as it has reached various people now.
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 I agree, I don't think bitcoin was created to end the government. it can affect the bank but I don't think the government. For me it is rather created ro help the governent in findig a job for their people..like if you are jobless you can earn money from bitcoin.
Bitcoin with its special features will be popular and widely used in trading activities. Bitcoin, however, is certainly not a complete replacement for the traditional currency trading system, because the nature of Bitcoin is not a real currency. The security and privacy of Bitcoin will make Bitcoin quickly accept the acceptance of many, but Bitcoin will not do the government fall. That's not the purpose of Bitcoin.
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 think that until such a time the government may embrace bitcoin to cooperate for technological development for now maybe with the cooperation of bitcoin government will be more secure and comfortable in we invest 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's goal is not to end the government of any nation. We need government for a nation to function. But bitcoin gives people liberty. Bitcoin is decentrlizated and therefore makes people there own bank. This is not what the government practice. Government print money and steal it and run down the economy, therefore making people suffer. No transparency with government.
I do not think it is to put an end to the government, but if we end the restricted system of the world economy, it has become a strong element that basically struggles against the common currencies and that is why it has won several governments as its main enemies.
the presence of bitcoin is not to end the government you may misunderstand the opinions of others.
even I see bitcoin can facilitate the government in building infrastructure.
even I see bitcoin can facilitate the government in building infrastructure.
I don't think bitcoin will end the government. Government does not function alone on bitcoin. Even if bitcoin prosper, the government would still exist. Maybe it would affect the banks because it will affect their income.
Bitcoin diffusion will not end governments. Governments are necessary to set the rules of common life and to guarantee the safety of citizens. The economy then creates and destroys the instruments of exchange throughout history.
There is a division in the people of the world about how they feel about their countries and what their countries must do for their betterment and welfare. A large portion of the people of the world feel pride in their countries due to their race, ethnicity and religion where there are some other people who prefer the economic welfare over the other thing. Therefore, bitcoin cannot be an instrument to end the governments at least not in next hundred years. Jump to: