Topic: Is Bitcoins goal to end governments? - page 19. (Read 2128 times)
Bitcoin was made to be away from banks and control. It can end the usage of banks, but it would probably not affect government in such a large scale.
Not at all...BTC never had any AIM to end govt. It is just a change/bring revolution to current economic system of the country. People are shifting from Fiat to digital currency, coz it is fast, reliable and also cost effective in term of less transaction fees(specially International transaction are fast and reliable with min transaction fees.)
No bitcoin was never intended to disrupt any country, bitcoin was created so people not get controlled by banking system, and bitcoin could not destroy any banking, and how could we build any infrastructure without the help and the permission from the government, bitcoin purpose is to make an easier transaction among people in the world
The Bitcoin will create a new "Bretton Woods system", means that USD/Eur could be relied on bitcoins to instead of golds. A new era will start and most of countries will rely on the blockchain storage for a fair trading.
Those countries which does not hold too much bitcoin will be difficult to gain it within the trades.
Those countries which does not hold too much bitcoin will be difficult to gain it within the trades.
we never want that, and it will never happen. we just want bitcoin legalized and acknowledged by the government, and then the government makes regulations and rules about bitcoin. it does not matter if the government wants taxes from bitcoin owners.
I see your point is not correct. Bitcoin's goal is not to replace or influence the government, but its purpose is to help the economy grow, the currency is not inflationary and people have a common currency to trade with. each other in the world without having to mediate at the present time. So Bitcoin's goal is to keep banks closed, the money is not affected by the current institutions.
Certainly not. Bitcoin is made to facilitate human transactions remotely (between cities, countries). Bitcoin is not meant to end government, but Bitcoin is made to make it easier for a country in financial affairs (and not all areas of government). Because Blockchain's technology is transparent, I think the government should emulate the technology so that corrupt country money is more easily tracked.
I think you misunderstood it. Ive read that they want to end the ban that established by the government to bitcoin. They are more likely want to end banks tho. People just want to earn money with freedom and without a huge fees like we do but it doesnt mean they will end government.
I think it will not happen, because after all the government will take action to block bitcoin, for some bitcoin governments is a threat.
and for some governments, bitcoin is the solution to improve the economy of the country.
and for some governments, bitcoin is the solution to improve the economy of the country.
How is that possible? Government doesnt involve only dealing with currency. Even if Bitcoins become the only currency in the world, there is no way it can end government. Government will make regulations and intervene in Bitcoins to own it or make people accountable for their use of 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)
It's easy, all infrastructure will work on chargeable mode. You'll pay for roads, medicine etc as ICO investments
No it's goal is to create a decentralized marketplace where we can trade in an easy to use virtual and safe currency outside of anyone elses control like we once use to do when we traded good and silver but now we have banks and things so there is little anonymousity. Bitcoin fixes this.
End banks, yes, because bitcoin doesn't need banks to be used. But i don't thinl bitcoin will end governments, because governments don't only have to regulate money in a country, and apart from economy, other ministries still need to be organised and bitcoin won't play a major role there.
How can it end banks? This is highly impossible. The only effect Bitcoin or cryptocurrency will have on banks is to render them redundant and not totally abolish or end tye banking system. We do still need fiat in some instances when we exchange btc to be used offline.Exactly. Banks, governments, bitcoin doesn't have to end anything. Its revolutionizing an alternative way people can do transactions and the likes with cryptocurrencies and blockchain tech. I don't underdtand why it has to be viewed as something to end a current system
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)
That is not the goal of Bitcoin. Bitcoin is not really that directly hostile to the government. It might be perceived to be like that but we should not insinuate Bitcoin to be some kind of a sedition tool. Bitcoin is just an alternative form of currency which is digital and anonymous. And if some people are not keen on centralized system then they will enjoy and make use of the invention which is peer-to-peer.
End banks, yes, because bitcoin doesn't need banks to be used. But i don't thinl bitcoin will end governments, because governments don't only have to regulate money in a country, and apart from economy, other ministries still need to be organised and bitcoin won't play a major role there.
How can it end banks? This is highly impossible. The only effect Bitcoin or cryptocurrency will have on banks is to render them redundant and not totally abolish or end tye banking system. We do still need fiat in some instances when we exchange btc to be used offline.
Maybe ,,this is what satosh's plan and Idea to end the government and start each of our lives work for our ownselves and grow withour the governments..but for me its really hard to do that thing..It may be a chaos though
The best comparison right now is gold which is an asset. However because bitcoin is essentially un traceable it can be used to avoid tax which could impact a government's fiscal policy.
End banks, yes, because bitcoin doesn't need banks to be used. But i don't thinl bitcoin will end governments, because governments don't only have to regulate money in a country, and apart from economy, other ministries still need to be organised and bitcoin won't play a major role there.
It is true, bitcoin never be a threat to banks and government yet it was decentralized. Banks are planning to integrate bitcoin with their system and governments are trying to accept bitcoin in their countries. I assurely that bitcoin will change fiat currency someday but it is not fast as what we are thinking of. Bitcoin plays a vital role on our economy nowadays however, bitcoin will not change the government because government is part of the state and the government ruled citizen to become unified and be essential part of our world.
No, Bitcoin's goal is not to threat any government but to end the Central Banking Monopoly and giving people anonymous and decentralized crypto transaction power.
I don't think bitcoin was made to end the government or even attack it. Bitcoins purpose was to create a decentralized currency wherein it can't be controlled or regulated by anyone. Its purpose was not to attack the government at all.
Jump to: