Is Bitcoins goal to end governments? - page 5.

hajimasan

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Quote from: dansmith_99 on December 12, 2017, 12:09:43 AM

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 there is any matter of end of bitcoin by government but in actual many types of the bad things are happening with the bitcoin use for illegal purpose ( only by few people only where digital payments are not in wide range ) .
Most of the governments are looking to legalise and control and want to make into a better and perfect way to use , but many governments are not able to make better rules so few of them are against to remove from Thier country, and few of them are thinking and planning that what should they do and many countries government regulated bitcoin directly to use with better taxation rules .
So don't think that governments are going to ban bitcoin in any ways , but they are creating perfect ways to make bitcoin more better to use with better rules .

MUSFIKAR

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Bitcoin is not designed to end the government but instead boosts the world's monetary system. I think the government should support Bitcoin by updating our policy to adapt this new system, which is why some governments do not support it. They should know that Bitcoin can really help people and create new payment systems and must support them by joining in market development.

bitbunnny

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You have too much expectations of Bitcoin, the purpose is not the revolution and some kind of war against governments. Besides countries can't function without governments, this would be a chaos and anarchy. I don't say that system couldn't be better but some organisation and system have to exist.
To my opinion too many people are connecting Bitcoin with totaly wrong and sensless ideas giving it a meaning that doesn't have.

Marcus Kohen

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That's not entirely true. Governments are unlikely to be able to destroy, and bitcoin will not be able to do so. But the distribution of forces in the world bitcoin can do. It will be able to change the structure of state institutions. For example, the financial institution will undergo huge changes, if not disappear. And of course over the banking hegemony

Fretcy

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bitcoins goal is not to end government, that is just a misconception of ending the government authority as bitcoins and all other crypto currencies are backed by fiat currency which means for local transactions the bitcoin users have to exchange the bitcoins to fiat currencies then deposit them in the respective users bank account which is involved with the government so the bitcoins users are also paying tax by transferring to the individual users bank account. Some have a misconception that bitcoin evade tax payment there is no such thing all the bitcoin users are converting their bitcoins to fiat currencies through their bitcoin users bank account and so there is no anonymity only thing is the users will have full right over their earnings, they does not have to go to third party to transfer funds.

iMark

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Quote from: Butchick on April 26, 2018, 04:50:00 AM

First and foremost, bitcoin is a digital currency and not a governing body. Secondly, bitcoin cannot be totally regulated and its purpose is to provide a secure way of transfering money. With this, i don’t see any thing that would imply bitcoin’s goal to be ending government.

yeah but I think developer certainly would not think that far, but imagine that bitcoin system is decentralitation and can not be controlled, while it is different from the wishes of the government that controls everything? you know that bitcoin can not be totally regulated right? so I think the bitcoin or blockchain financial system with the government is very different? that means there is a competition there, but I think the government will always win

alfstep

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Quote from: dansmith_99 on December 12, 2017, 12:09:43 AM

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, how could you think that way
It is not ending governmental system, we just make it easier. Not always dependant on bank monopoly system
Payment will be seamless comfortable and a lot easier like never before

Wyne

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This is definitely not true. Government plays a vital role in country's economic status, peace and order, education, business, and other fields concerning in growth and development of country. Besides, bitcoin might be a possible partner of government in reducing poverty and solving different crimes related to poverty. Cryptocurrency might be a Government partner in developing new technologies specifically through the presence of ethereum platform that opens an opportunity to launch different projects with high technology equipments and tools that solve daily difficulties we encountered in our past-face world. Maybe if bitcoin is widely accepted and legalize, we do not need banks but we surely need Government to run our country.

florinda0602

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Quote from: jessequick on April 25, 2018, 03:31:19 PM

Bitcoin can never end any government neither is the goal. Why???. We the people are government. Bitcoin was created to empower the people, i.e government by decentralizing power, giving power and control back to the people from the bereaucrates.

I think bitcoin's goal is to be decentralized, and I don't think it is developed to end the governments. Without the government, there will be no way to maintain order and to impose justice.

Infek

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I do not think that bitcoin will change something so drastically. All the same, the institution of government was formed over the course of centuries. And to change something now it is also very time consuming, or we need a breakthrough technology, without any problems associated with it.

Butchick

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First and foremost, bitcoin is a digital currency and not a governing body. Secondly, bitcoin cannot be totally regulated and its purpose is to provide a secure way of transfering money. With this, i don’t see any thing that would imply bitcoin’s goal to be ending government.

jeluhtajem

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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.

amadorj76

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Quote from: jessequick on April 25, 2018, 03:31:19 PM

Bitcoin can never end any government neither is the goal. Why???. We the people are government. Bitcoin was created to empower the people, i.e government by decentralizing power, giving power and control back to the people from the bereaucrates.

For me it is negative because government control the country and they can do whatever they want to control their people.

voron84-05

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An interesting point of view, but I think that everything in the world is not accidentally happening, quite possibly we are standing on the border of grandiose changes in the world order. In the process of the evolution of society, at different times, various methods were used to control people, religions, powerful armies, national money. All this is relevant for its era, we are waiting for the BTC era.

shendy

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Quote from: dansmith_99 on December 12, 2017, 12:09:43 AM

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 do not think so. I think Bitcoin's main goal is to make it easy to make transactions and now it can be used as an investment asset. I really do not want this to happen. Because I also still want my country governed by the government. And Bitcoin will never end the government.

assyla

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Quote from: dansmith_99 on December 12, 2017, 12:09:43 AM

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, definitely not. The goal of bitcoin is not to end the fiat money or end the government but to help the people, the way they live anf the way they used their money. Bitcoin is very helpful to human it makes our way of living much easier than normal, we can pay bills in just a click, buy a products online with the use of bitcoin, etc.

Pier7

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For me, bitcoin is not created for the purpose of ending the government, government is there to ensure and promote the general welfare of the community. Bitcoin is the new digital currency that we can use to buy products to selected merchants who accepts it or make it is an investment.

catcoin524

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i believe one government will fully implement the world of crypto to aware day to day lives

poisonivy77

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Quote from: dansmith_99 on December 12, 2017, 12:09:43 AM

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 not, and it is certainly not possible, you see the government has the control over almost everything within the state. I believe disregarding government is not the aim of bitcoin.

nurbay

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I do not think so. Actually, Bitcoin and the caretaker can make peace as long as there are regulations and regulations that support each other.
The government needs to review Bitcoin, and its use can be granted permission to use in a country, it will definitely benefit all parties.

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