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Topic: Is Bitcoins goal to end governments? - page 20. (Read 2156 times)

newbie
Activity: 6
Merit: 0
December 26, 2017, 06:31:41 AM
#66
Bitcoin doesn’t necessarily attack the government. Instead, it focuses on the monetary policies. It is a threat to them because unlike other currencies, it is not regulated by the government.
legendary
Activity: 1148
Merit: 1048
December 23, 2017, 12:20:30 PM
#65
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, we dont want this, despite all the armchair anarchists that exist on the board. basically, there is no point to bitcoin is government has largely collapsed. to hell with a bank, to be plain, but even they are a necessary evil at this point. but in reality, bitcoin is a freaking program, not a movement. it wont topple a damn thing; a gove will instantly outlaw bitcoin if it becomes a real threat. so bitcoin may change the way we look at money, but bitcoin is not about to be a revolution LOL


and with this tax reform passed, the stratification of wealth in society will get even worse Smiley use bitcoin to leverage your wealth, the window to be "great" is rapidly closing, folks.
member
Activity: 84
Merit: 10
December 23, 2017, 11:46:25 AM
#64
to mention that the more governments try to outlaw bitcoin the more the demand for bitcoin will likely increase
governments can ban bitcoin, but whether they can fully destroy it depends on how aggressively they discourage its use
full member
Activity: 151
Merit: 100
December 23, 2017, 11:37:39 AM
#63
It was writen on the real Whitepaper of bitcoin, well, Satoshi didn't meant that he wanted to end governments of banks, but he wanted to replace that type of economy with bitcoin, obviously that it is going to be impossible, but who knows? Maybe he did not even expected to see his project increasing by more than 100000%
newbie
Activity: 28
Merit: 0
December 23, 2017, 11:35:12 AM
#62
in my opinion it is impossible ..
bitcoin has not yet mastered the world's finances. and bitcoin in the design is not to destroy the government. the government system is very strong and smart, what else finance .. and even they have financial intelligence to monitor the state financial situation.
newbie
Activity: 50
Merit: 0
December 23, 2017, 11:27:27 AM
#61
End banks, end exchange and end paper money yes.

bitcoin have zero problem against government only future money.
member
Activity: 86
Merit: 100
December 23, 2017, 10:25:20 AM
#60
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 bitcoin will not end governments. I think bitcoin give the opportunity to people to manage their own finances without any of government interfere. we can spend or receive money without any border and without limits. the infrastructure we need is the internet, without internet, we cannot use bitcoin. if government realize that from bitcoin, people can solve the poverty and they can solve their problem in financial and people will free to use their own money.
Complete freedom,and as for internet believe me so does the government as it can't function without it nowadays.
member
Activity: 86
Merit: 100
December 23, 2017, 10:20:40 AM
#59
No one says Bitcoin could end government since it's obviously impossible, all Bitcoin could do is end/change/bring revolution to current economic and currency system. I'm what you heard were either "Bitcoin could destroy an government/country economic" or "Bitcoin could destroy existing banking and system currency".
Kinda my thought or should I say we share same opinion but you heard that countries are baning it as they can't earn from it and should I say afraid of what it can become new world order change of rich and poor in some cases which is not in their interest which would greatly affect governments and its function (result no working class which could make chaos) and as you know banking familys kinda control world and kinda run governments with their influence as one can't exist without other (and my opinion that BTC didn't have that intention but will have that end result). Anyway we will see what will future bring.
member
Activity: 350
Merit: 10
December 17, 2017, 04:22:40 PM
#58
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 which article did you read that bitcoin will end government? How could a country or the society move wiyhout government? I think the best thought woukd be, will bktcoin end bank? There that question would be so close to reality since bitcoin did not use banks to have your investment grow. But in some country bitcoin is already regulated by the government to insure security for your money and prevent fraudilent.
legendary
Activity: 1218
Merit: 1007
December 17, 2017, 04:21:19 PM
#57
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)
Infrastructure can be provided by private companies with the resources to have private pieces of infrastructure, such as roads, bridges, electrical networks and so on. It's a fascinating look into anarcho-capitalism, probably one of the funner political ideologies within the libertarian (or fiscally conservative) political region.

Bitcoin isn't really there to end world governments, just be something that governments have to compete with so that it's harder for things like 2008 to happen again. Of course they're never going to really compete against it, but we can wish they were competing so that they're actually doing what's best for their people.
sr. member
Activity: 882
Merit: 403
December 17, 2017, 04:17:36 PM
#56
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 so. In my opinion and by the way i see it, satoshi envisioned bitcoin to be as something that can be a currency free from any restriction and from the chains of the government with it's never closing eyes that observes 24/7.  That is how i understand bitcoin and the reason why it was made. Really couldn't think of any reason.
member
Activity: 108
Merit: 10
December 17, 2017, 03:40:39 PM
#55
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.
jr. member
Activity: 33
Merit: 1
December 17, 2017, 03:33:02 PM
#54
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)
This is rubbish how can a digital currency end the government? do you even know what the government is? why not say bitcoin will end banks?
hero member
Activity: 966
Merit: 507
December 17, 2017, 03:06:44 PM
#53
It is true that the ideal behind bitcoin is somehow to displace the current centralized economic system through a peer to peer exchange, which would undoubtedly seriously affect the interests of any government by losing an important source of income via taxes, however I do not see a manifest political agenda in the bitcoin bases that could compete against the public administration of nations and displace governments.
newbie
Activity: 112
Merit: 0
December 17, 2017, 02:48:30 PM
#52
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.

I agree here. Bitcoin will simply put and end to banks. Governments consist of more than just money.
full member
Activity: 139
Merit: 100
December 17, 2017, 02:45:39 PM
#51
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 can't end governments and central powers including banks and other companies. The idea of bitcoin is the disruption of the traditional market structure and financial system. The disruption is enough, no need for an end.
member
Activity: 84
Merit: 10
December 17, 2017, 02:41:26 PM
#50
I don't see yet any reasons for the government to prohibit Bitcoin, why do they need it?
member
Activity: 245
Merit: 10
December 17, 2017, 02:26:17 PM
#49
I do not believe that bitcoin can end the government. If it really ends the government it is dangerous. I think bitcoin was created for the sake of helping people. It helps create jobs and creates a stable source of income for everyone to benefit from it. Bitcoin does not link government so it can not threaten the government.
member
Activity: 104
Merit: 10
December 17, 2017, 01:46:28 PM
#48
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)

Governments don't just look after economy. They have numerous other things to do other than framing financial policies.
Whereas bitcoin can only revolutionize finance sector. What about surveys, enumeration, roadways, railways, infrastructure? Can bitcoin solve all these problems?
Absolutely not! So bitcoin isn't the end maker of government at all.
sr. member
Activity: 462
Merit: 250
December 17, 2017, 01:27:58 PM
#47
not ending the government but starting a new economy for the individual and of course the government will not let it go.
because any asset that greatly affects the economy of a country should be legalized and the government will intervene in that regard.
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