Topic: Is Bitcoins goal to end governments? - page 16. (Read 2166 times)
As far as I know, never the goal of bitcoin was the destruction of governments, states as a form of government. The assertion that the crypto currency can lead to the destruction of governments is generally silly. This can not happen in principle, because the crypto currency can not. People have always united in states and this form of social organization has not yet been changed. The rulers of states withdraw or overthrow them, however new ones come to their place, and the state and the government remain. If the crypto currency will swing at such a form of government, it will immediately be outlawed with all the ensuing consequences.
Nope. I thinks bitcoin was created not to conquer or to wipe out the function of the government but to work with it and to function freely around even with the government itself.
Hm.. I dont think so, but many government facilities will be affected with bitcoin, because they dont need like banks to transact using 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)
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 the goal of bitcoin is not to end the government, but to protect the interests of every citizen. The goal of bitcoin is to end this unfair monetary system, and the central bank can print money and plunder your wealth without your consent.
In the BTC, these rogue states will no longer exist. Bitcoin is a monetary system that is completely out of the bank and runs on the Internet. Even the government law enforcement agencies cannot seize or confiscate BTC.
It is a big no. Its purpose is to help people get involve in online earnings specifically in bitcoin and not ending government. In fact government itself gets benefit from bitcoin, they would definitely not stop bitcoin as well since it already dominates our present economy.
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 the goal of bitcoin is to end the government. It's not possible. The goal of bitcoin is to end the bank, but I think it's also very difficult to achieve, because the bank has the support of the national government, which affects the national economy. 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)
Maybe the meaning of to end the government is don't let the government have authority to bitcoin. Ending the government is a large problem itself. How to end the government if btc is accepted by some government in the world. There are countries that accepts bitcoin presence inside their country. If bitcoin's goal is to end the government it could be a problem to the entire system inside and outside computers. You are right where infrastructure budget came from if government is gone and so many more activities that came from the help of tax.
The goal of Bitcoin must be to bring greater convenience to all people. I don't think it is to end the government. This theory is not valid.
Not to end governments i think, it's more fit to end government corruption.
Because they will not get any tax from us anymore, they don't know how much money we held XD
Because they will not get any tax from us anymore, they don't know how much money we held XD
Apologies, I haven't read through the entire thread, so not sure if these have already been posted, but here is an interesting documentary on the economic philosophy of F.A.Hayek, particularly in the context of cryptocurrencies. I can't pretend to know much about it, but it sounds like those who have referenced his theories, to date, have never really tried to implement them in their truest sense.
What we're seeing now with the advent of blockchain technology and cryptocurrencies, might actually allow for a true exploration of this kind of economic policy.
https://vimeo.com/77643030
Also, Keynes vs Hayek rap battle Rd1
https://www.youtube.com/watch?v=d0nERTFo-Sk
Rd2
https://www.youtube.com/watch?v=GTQnarzmTOc
What we're seeing now with the advent of blockchain technology and cryptocurrencies, might actually allow for a true exploration of this kind of economic policy.
https://vimeo.com/77643030
Also, Keynes vs Hayek rap battle Rd1
https://www.youtube.com/watch?v=d0nERTFo-Sk
Rd2
https://www.youtube.com/watch?v=GTQnarzmTOc
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 designed to improve the payment system and prevent a third party such as bank. Although Bitcoin has not fully supported by other countries due to some issues against the system but it doesn't mean to end government. 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)
Its a big NO since the government is already controlling the people and its movement by the laws. If bitcoin's purpose is to destroy the government or end it, then most probably government will shut down it immediately but its not, the bitcoin's main purpose is to be a currency where you can pay it legally on digital transactions. Not because bitcoin is decentralized it does not mean that it will influences the government.
Bitcoin is an open-source, its design is public, it is decentralized, nobody owns or controls bitcoin and everyone of us can take part on it. I dont think bitcoin will end the government. For me bitcoin was made to assist the government in terms of economy, and not to stop the government.
Definitely this idea is more realistic in any way. Bitcoin might be decentralized but the government are having ways to be linked with bitcoin and that is the regulations on its transactions. Many might say that bitcoin is manipulated by some person but to think of it it only depends on how it works in the market and not by some manipulations.
Bitcoin is an open-source, its design is public, it is decentralized, nobody owns or controls bitcoin and everyone of us can take part on it. I dont think bitcoin will end the government. For me bitcoin was made to assist the government in terms of economy, and not to stop the government.
Is it because bitcoin boosts criminal activities in the black market, as the media said? I think this is pure nonsense. Dark network black market this year because of some media reports since it was the domestic public know, we think most of these things with a curiosity. Actually going to buy bitcoin for criminal activities is simply going away. The first thing you need to get into Dark Web requires a complex set of technical tools that make it easy to overwhelm a large number of people. Even a normal foreign website we can not visit, but also want to visit dark network? I think the percentage of people engaging in criminal activities in the purchase of bitcoin is negligible in our country.
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 didn't know bitcoin is like communist?
bitcoin is not meant to destablish governments rather offer another platform of investment and transacting. What so you think in a country without government? I don't think you'll have investors for your ISP knowing that no one could implement the rules to protect their business.
So.. Without internet, your bitcoin is worthless. So better not hope that bitcoin would not end government.
Bitcoin will certainly not end governments nor will it eliminate banks. And that wasn't the purpose when Bitcoin was developed. On the contrary, both governments and banks will be using Bitcoin soon, because they now see the advantages of Bitcoin and Blockchain.
No, definitely it isn't. What I can see from different bitcoin investors thoughts about it is we are becoming more exaggerated and overwhelmed with the great profit that is about to flow in the near future. But it's obvious that bitcoin isn't created that way. We can easily distinguish the use of a cryptoCURRENCY and it doesn't mean that it will end government just because it is decentralized. Government will not disappear and even in the future and about infrastructure, I wonder how OP came to that point of asking.
gold is a decentralized currency, and it being that .. gold did not impact the thousands of past governments that much.
Well, no one says Bitcoin can stop the government, just because a virtual currency cannot end the governments of the world, in the future Bitcoin can be supposed to be an active currency. And there will be private banks, many of which are currently banned from Bitcoin and there is no indication that it will allow it to operate in the future.I think bitcoin was created not to end government but to help government in our economy. They can be business partners so in every transaction they have both shares. Bitcoin makes someones job easy because we can do it by our own.
gold is a decentralized currency, and it being that .. gold did not impact the thousands of past governments that much.
Well, no one says Bitcoin can stop the government, just because a virtual currency cannot end the governments of the world, in the future Bitcoin can be supposed to be an active currency. And there will be private banks, many of which are currently banned from Bitcoin and there is no indication that it will allow it to operate in the future.I think bitcoin was created not to end government but to help government in our economy. They can be business partners so in every transaction they have both shares. Bitcoin makes someones job easy because we can do it by our own.
I don't think bitcoin has that kind of agenda, goal or objectives. Not even close, it's a complete
ill fated fantasy so to speak. Bitcoins are a currency and a form of solution that tends to help and
improve systems involving money and payments. I couldn't fathom the idea of a government toppled
to ruins by bitcoin or any other cryptocurrency. Bitcoins existence maybe a threat to government
related sectors concerning fiat and currency systems but bitcoin is justifiable innovation that was
always meant to assist, improve and offer optional and reliable solutions to people, businesses,
investments and on broader scale the governments. It's greatly meant to help not to destroy.
ill fated fantasy so to speak. Bitcoins are a currency and a form of solution that tends to help and
improve systems involving money and payments. I couldn't fathom the idea of a government toppled
to ruins by bitcoin or any other cryptocurrency. Bitcoins existence maybe a threat to government
related sectors concerning fiat and currency systems but bitcoin is justifiable innovation that was
always meant to assist, improve and offer optional and reliable solutions to people, businesses,
investments and on broader scale the governments. It's greatly meant to help not to destroy.
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