Topic: Is Bitcoins goal to end governments? - page 6. (Read 2128 times)
I think it's the government that will stay in power over the bitcoin. Because the government has the power to ban the circulation of bitcoin in a country. There is a possibility when governments of all countries work together for that. Because the main element of a state is the existence of government so I think bitcoin will never be able to end the government.
I really dont think bitcoin was designed to end the gorvenment.it was created or built to end the rate of poverty and the moneytry system around the world and mayb probably the bank.but government?i dont think so,the point is the government shouldn't have to regulate money in a country alone just the economy.but bitcoin is only a network that enables a new payment systerm and completly digital money.Rather than ending the government the main motive of bitcoins is to end the dominance of Governments itself,bitcoin was created to end the way banking system works and provide a new system of payments.
Not to end the government but to end the transaction thru banks.Bitcoin goal is to give a faster and easy transaction and also the assurance that your money is in safe investment.And also bitcoin goal is to help the unemployed people to have a source of income.
Thats not possible, Government will still overpower bitcoin
in fact,bitcoin can have a big impact on changing banks.but its goal is not to eliminate the governments.because ministries need to be organised and bitcoin won't play a major role there. Smiley
Bitcoin cannot and ill not end governments anytime soon and that is no even its aim. we still need the government for other reasons such as policy making, defense of human rights and other sectors of the economy including maintenance f law and order. BTC is no everything but rather just a form of income an and a medium of exchange
I think Bitcoin will be the main currency in the world in the future. When it happens, governments will be more transparent. Banks will not be able to stop Bitcoin in the future and they will go bankrup
You are over estimating Bitcoin. It's a revolutionary idea and bright technology, but it's just a currency and it can't end governments.
I dont think the end of governments, but i think it will make governments much less powerfull, because they can not stop, freeze or ask questions about transactions, it will make things much easier, like buying something in another country.
It gives more power to people. And more anonymous.
It gives more power to people. And more anonymous.
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.
That is not the goal of bitcoin, the goal of bitcoin is to become the most popular payment method worldwide. Bitcoin provides support to the community and society with advanced technology features. It has a conflict with the operation and management of the government but the bitcoin to end the government is not. That never happens.
Indeed many think that bitcoin will discredit the government. But i think not, it depends on the government who dare to take the risk of bitcoin or not. Because bitcoin can be said very sensitive if we see the price.
I do not think that way. It's only possible that the government should support bitcoin by updating our policy to adapt this new system. Because with the people's bitcoin in their respective countries will avoid the future financial crisis that saves all economies.
I don’t suppose so. Technology over time has been more of a blessing than a curse to government of nations. Fincancial solutions are developed time after time. Bitcoin is just a way of decentralizing your funds and globalize human transactions.
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 strongly agree on your opinion that, bitcoin can end banks because bitcoin doesn't need banks to be used and also don't think that, 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. And adding also my opinion that, 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. In addition, rather than ending the government the main motive of bitcoins is to end the dominance of Governments itself, bitcoins want to end how everything is being regulated by the people with major authority and that doesn't make government.
Bitcoin goal is not to end the government its impossible to happen bitcoin is only a digital currency. The goal of a bitcoin is to change the way of living in one country by its platform of being decentralized, to make an easy method of payment compare to cash and to use it as a business platform to help the poverty in one country. So bitcoin will never ever change or end the government but to develop more and to improve one country.
100% agree.
I do not think that will happen, a system of government must have a controlling and responsible. Maybe the technology will adopt but the system is different.
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 it is not true if it is true of course the country that uses bitcoin officially why continue to go forward and develop my sense of mutual cooperation can both make them grow 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 a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence
No of coarse,for me the goal of bitcoin is to end the transaction in bank.Bitcoin is to have a easy and faster transaction at the same time is the security that it has.And also the goal of bitcoin is to help needy in financial expenses to give stable status.Bitcoin is not against goverment.
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