Topic: Is Bitcoins goal to end governments? - page 15. (Read 2156 times)
No bitcoin is created not to end the government.It's created to replace a bank and make the cashless society.If bitcoin accepted through out the world,bank will be no more.
Absolutely it can not. The bitcoin was created so it can collaborate side by side with the government to prosper the community.
The government controls the regulation so their community can live their lives in the country, while Bitcoin offers an option for the community to manage their wealth (whether it from investing, get some jobs, etc.) so the community can be better.
I actually prefer Bitcoin's goal to end the country's poverty, that suites the main foundation of Bitcoin.
The government controls the regulation so their community can live their lives in the country, while Bitcoin offers an option for the community to manage their wealth (whether it from investing, get some jobs, etc.) so the community can be better.
I actually prefer Bitcoin's goal to end the country's poverty, that suites the main foundation of Bitcoin.
No... that cannot be happen and hopefully shouldn't be. Even the emphasis of your question is not specific what kind of government since lot of private and non profit organization that aren't to government linked to are also opposing to Bitcoin financial system. The ultimate aim of virtual currency presented by Bitcoin is to provide fast, convenient and secure transaction in financing network.
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.
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)
Well, I really don't agree with this fact that BTC or any other cryptocurrency can end government. Majority of governments worldwide are cracking down on BTC and other cryptos as it won't benefit them to shift the entire financial system to cryptocurrency. The only way government will accept crypto is once it's regulated, something not acceptable to the crypto community.
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)
Well, I really don't agree with this fact that BTC or any other cryptocurrency can end government. Majority of governments worldwide are cracking down on BTC and other cryptos as it won't benefit them to shift the entire financial system to cryptocurrency. The only way government will accept crypto is once it's regulated, something not acceptable to the crypto community.
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 don't think so. Bitcoin is unlikely to end the government, and its goal is to end the bank, which is to change the world's monetary system. But I think it's hard to do. Because the currency is controlled by the government, it is hard for bitcoin to overthrow the existing monetary system. 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 bitcoin aims to destroy the government but the purpose of bitcoin is to change the system of transactions applied by the bank. Most societies and corporations in various countries have always complained about the banking transaction systems that use large transaction fees and taxes when conducting fiat transactions in large quantities. Bitcoin is present as a solution to the problem and hopes blockchain technology applied by bitcoin can be glimpsed by various countries to be the solution of the problem so it is not possible bitcoin can destroy the government, bitcoin is present to help the government in the economic sector.
The idea of bitcoin came from cypherpunk which gave Satoshi Nakamoto an idea to eliminate third parties in monetary transactions between peers. It does not aim to abolish the government but to gain trust between people transacting with each other. Those who are saying that BTC's goal is to destroy the government are probably just conspiracy theorists.
I don't know exactly what Satoshi Nakamoto wants to achieve from bitcoin. It may be as mentioned earlier, to avoid intervention from the government. But I think, Nakomoto seems to have something bigger that we don't know. Clearly, he wants a more efficient financial system.
I don't think bitcoin has a goal like that nor the power to change the government itself since bitcoin some how do not have a group of people governing it. Bitcoin has been great in changing and giving the people a new look on how currencies should be and its existence is for that matter. I don't see the need for bitcoin to overthrow the government much more take part in anything political.
The main reason for the creation of the Pitcairn is to support decentralization and to remove the restrictions imposed by banks and not to get rid of governments.
If you notice that Bitcoin appeared after the global financial crisis and the problem of trust with banks.
Satoshi designed this system to conduct transactions and payments without the need to resort to a third party must be trusted.
Bitcoin is not intended to destroy governments but to achieve communication between peoples
If you notice that Bitcoin appeared after the global financial crisis and the problem of trust with banks.
Satoshi designed this system to conduct transactions and payments without the need to resort to a third party must be trusted.
Bitcoin is not intended to destroy governments but to achieve communication between peoples
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)
Who among the people in this forum would said that? Isn't that over achieving? How can bitcoin end the government when money is not the main reason why the government is existing? Even wars that are much heavier than bitcoin could not end the government.
In what reason will bitcoin do that and what is the purpose? Bitcoin is created to ease transaction and for convenience of payment. I can't see how it will ruin the government unless of course put into the hand of the wrong people.
If the impossibke instance came that bitcoin has ended the government, who will hold the foundation of the government? Those that attain a lot of bitcoin? And who will be the peasant? Of course the less fortunate individual.
And btw, that scenario is happening always even without bitcoin.
Although bitcoins are free from government and generally considered free currency, it does not depend on it and the government can not exactly influence it.
No, Bitcoins goal is not to end governments but to provide freedom to the people with their money and get them out of the clutches of the banks. Bitcoin was made to remove the need of banks and create a decentralized currency whose owner will only be the people themselves.
absolute stupidity. bitcoin will not be able to do away with governments
The decentralization of BTC is not the end of government!
The purpose of BTC is to prevent inflation and protect people's property from loss!
People use BTC to conduct their own transactions, avoid financial intermediaries such as Banks, and save their transaction costs!
The purpose of BTC is to prevent inflation and protect people's property from loss!
People use BTC to conduct their own transactions, avoid financial intermediaries such as Banks, and save their transaction costs!
I don't see the connection between the use of bitcoin and the disappearance of the government. Banks will be reduced as fees are now will not require their direct participation, but the government will remain intact.
The purpose of bitcoin is not to destroy the government completely, but only to make our lives more convenient through a single digital currency, the safest of existing ones. The government will find something to do.
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)
Nope. I don't think so that bitcoin goal is to end government because we all know that bitcoin is here just to help us, rhe people who doesn't have any income generating things that may helps us to support our everyday need, especially financially. We all know that bitcoin helps us in positive way and do not intended to do some negative actions.
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