Topic: Is Bitcoins goal to end governments? - page 3. (Read 2156 times)
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. Bitcoin is gold.
Nothing and no one can destroy government, no technolgy. There are those who command and those who obey. But bitcoins can dramatically change the current structure of workforce and financial flows. There will be just more space for making money and more opportunities for spending them.
Bitcoin have a long life, i think in next future will positionate in the economy of many countries... And that will be magic 
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 doesn't mean to put and end to the government because bitcoin only affects the economy and financial state of the country. Banks will be the one affected or the one bitcoin competes with not the governance of the people in the position. So I hope that both the government and cryptos will do their jobs side by side
I do not think that Bitcoin's goal is to end the government, Bitcoin is supporting the government to help the economy grow and people's livelihoods will improve in the future.
Bitcoin that uses blockchain database is not controlled by a party, but is very open to the public. It would be impossible for someone to forge transactions in blockchain. All transactions are recorded directly, transparently, and spread over millions of servers. Those who want to change or falsify bitcoin transaction data, have to hack millions of servers at the same time. So there is not at all the usual manipulation done by the upper class. Because the government is usually controlled by the upper class.
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 was created not to destroy the government, Bitcoin was created to boost the economy to a new height, Bitcoin's application helps the payment network faster than the banks.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 works smoothly even with the presence of government. We could see that bitcoin is a form of currency which is likely to used by a country for them to have a form of market and transaction that could be a good point on starting a relation between the government and the system of bitcoin. We could also see that government want to get into bitcoin in some point that they could also have a good earning in bitcoin that could help the economy of a country.
I am not sure but Satoshi's vision was from a libertarian point of view, so you could at least say that he didn't see governments as very friendly concepts.
This is not the case at all i think. The current banking systems do not meet the needs of people anymore. High transaction fees and time have seen a burden for our fast daily lives. I don't say bitcoin is cheap a trade tool but find it better in lots of ways. Still, it can't be overtake governments, these are very different phenomenon. Bitcoin can't regulate social life and security of borders.
I do not think bitcoin is meant to end governments, of course there are side effects such as btc provides a way of transferring money and dealing with money without regulations or taxes, but all in all, governments can use btc just as its citizens. So we will see in future how bitcoin affects the governments, but in my opinion there is no evidence that governments will be ended by btc.
Yeah bitcoin was designed not to end up the government but end third party intervention, but because of that government and bitcoin is some how a little bit contradiction because the government is usually aligned in traditional currency.
I do not think bitcoin is meant to end governments, of course there are side effects such as btc provides a way of transferring money and dealing with money without regulations or taxes, but all in all, governments can use btc just as its citizens. So we will see in future how bitcoin affects the governments, but in my opinion there is no evidence that governments will be ended by btc.
Well bitcoin was designed to be uncensorable digital cash that could operate outside the existing financial system. Different actors across the ecosystem
have their own goals and objectives, but in-and-of-itself there is no overarching ‘goal and objective of the Bitcoin economy’. It is quite anarchic in that
regard. Perhaps reassuringly. The end goal is to avoid rip offs from governments and a small amount of international bankers who has controlled the world
through money. I think the way to get bitcoin is a big issue for me.
have their own goals and objectives, but in-and-of-itself there is no overarching ‘goal and objective of the Bitcoin economy’. It is quite anarchic in that
regard. Perhaps reassuringly. The end goal is to avoid rip offs from governments and a small amount of international bankers who has controlled the world
through money. I think the way to get bitcoin is a big issue for me.
No, its main purpose is to end the monopoly of governments and banks from peoples money and make the people the sole owner of their money. Also Bitcoins purpose is to provide the ability for the unbanked and poor to be able to send money to anyone they want and also store it in Bitcoin.
I think that bitcoin have no any goals, people can use blockchain and bitcoin for many useful stuff and governments can do the same. In future national currencies can be easily based on crypto.
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 know why you're comparing bitcoin with government. Why would bitcoin end the government?. Are you asking this because bitcoin is volatile and can not be control by government?. If yes then my answer is same NO. I believe government soon found some way to trace transaction. Governments have all power and they can do anything. If they want they can ban bitcoin forever.
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 know why you're comparing bitcoin with government. Why would bitcoin end the government?. Are you asking this because bitcoin is volatile and can not be control by government?. If yes then my answer is same NO. I believe government soon found some way to trace transaction. Governments have all power and they can do anything. If they want they can ban bitcoin forever.
Bitcoin like any other financial institutions does not have any means or future plans of ending government. That wont be possible. Because to an extent, the government of nations can still control the bitcoin system whether liked or not. However, Bitcoin system/cryptocurrency trading can affect banking system in later years because it doesn't need bank operations to work.
I agree with what you said because the reason behind bitcoin was not to end the government but to fix the problem caused by the government in terms of financial crisis save people from hunger.
Yes, bitcoin is not against government and what make it negative from the government is because it is a decentralized system and that is for security of bitcoin system, I believe that bitcoin is the product of world's technology innovation and someday all people realized the importance of crypto currency. 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)
No, I am not sure. It is impossible, Bitcoin is the future currency. Crypto currency is the best payment.The government should accept bitcoin. no reason to refuse the future technology. In my opinion.
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