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Topic: Is Bitcoins goal to end governments? - page 8. (Read 2156 times)

newbie
Activity: 27
Merit: 0
April 24, 2018, 01:32:17 PM
First and foremost bitcoin's goal is to transformed global finance the way the internet or world wide web changed the flow in online market. Generally, bitcoin's doesn't have any goal to change and control the governments.
newbie
Activity: 36
Merit: 0
April 24, 2018, 01:24:36 PM
The goal of Bitcoin is financial inclusion for the 40% of people in the world who don't even have a bank account.
newbie
Activity: 257
Merit: 0
April 24, 2018, 01:21:42 PM
Bitcoin to end government is a very declaration. Bitcoin cannot end government rather it would put an end to the sole Monopoly of the banks on the people. With blockchain technology and decentration, people got freedom to do whatsoever and however it pleases them. This is what the Bitcoin technology has come to preach.


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)
newbie
Activity: 46
Merit: 0
April 24, 2018, 12:53:27 PM
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've also read articles discussing bitcoins, but i think it wasnt made to do that. It would be just a colateral if so.
member
Activity: 176
Merit: 12
April 24, 2018, 12:32:49 PM
No,Bitcoin just on its journey which will never end.Actually government have threat that Bitcoin will disturb the whole economy and financial activities because Bitcoin is decentralized blockchain based technology and no one can control it.

Bitcoin is the big revolution in financial sector and it is expected in future Bitcoin will global currency and government will realize that Bitcoin is best for stable economy.
newbie
Activity: 37
Merit: 0
April 24, 2018, 11:58:07 AM
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.
newbie
Activity: 73
Merit: 0
April 24, 2018, 11:47:39 AM
not to end government, but bitcoin is more convenient and easy to pay for in the form of digital coin.
sr. member
Activity: 2352
Merit: 245
April 24, 2018, 11:45:50 AM
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.
Bitcoin never had the goal of destroying the government and, besides that, he is not able to do this. Also, bitcoin and other crypto currency can not destroy banks. People who write this seem to have no idea how government agencies and banks work. Banks and governments are an indispensable attribute of each state, and it is better not to conflict with the state of bitcoins and all the crypto-currencies, because the result will obviously not be in favor of the crypto currency. The state as a form of social structure and government as a way of a concrete organization of such a device has not yet been succeeded in destroying anyone, and they have existed for thousands of years. Bitcoin and crypto currency can only be introduced into this system of social device in an evolutionary way, and no more.
full member
Activity: 233
Merit: 100
April 24, 2018, 11:34:32 AM
rather, it is not. bitcoin was created not to end the government, in order to circumvent it as a system in the implementation of transactions.
jr. member
Activity: 280
Merit: 1
April 24, 2018, 11:29:44 AM
not the goal of bitcon to end the government because bitcoin wants to help people and no one wants bitcoin but only helps people.
full member
Activity: 248
Merit: 100
WWW.BLOCKCHAIN021.COM
April 24, 2018, 11:25:31 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 really think that bitcoins want to end government rather those people who wants to sell and buy drugs, weapons and people online are the ones who make issues between bitcoin and the government because if they do something bad with bitcoin it will alarm the government because government wants a peaceful lives for their people.
jr. member
Activity: 210
Merit: 1
April 24, 2018, 11:20:22 AM
I do not think, bitcoin is created like a bank in terms of transactions, will be nicer and better bitcoin than in bank,
Bitcoin is made to facilitate transactions and not under government auspices, the government feels it is destroyed just bitcoin because of losing rivals with banks and no input to the country.
hero member
Activity: 882
Merit: 500
April 24, 2018, 11:05:36 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)
This is a big truth hat many people are saying that bitcoin is a illegal and government of many countries are near to ban of remove from.the online world with hard restricted rules .
But Im actual already many countries government made bitcoin legal to use because they have no option to stop the use of the bitcoin , even they can make rule to no to use bitcoin but in Actual they can't stop people to use it .
So for the most of the government, it is a big need that they declare bitcoin to be use under many restrictions .
So here we should not think about this matter that governments are going to remove bitcoin in any way .
member
Activity: 140
Merit: 10
April 24, 2018, 10:10:01 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)
Bitcoin can't end the government because government needs to protect and sevure the safety of the people in the country. Bitcoin cannot end tye government because it is the one who facilitate the records and the who provided the infrastructure that needednin the country. Government is powerful so, bitcoin cannot end government even bitcoin can provide money for poor people.
legendary
Activity: 1190
Merit: 1002
April 24, 2018, 10:02:06 AM
I think that OP have misunderstood the Bitcoin and its technology. The main aid of Bitcoin and Blockchain is to remove the Banking manipulation in transactions and giving more secure and low transaction fees for all financial transactions.
newbie
Activity: 34
Merit: 0
April 24, 2018, 09:57:37 AM
I think rather than eliminate governments, bitcoin and particularly blockchain technology can be used to compliment govts.More so in making quick payments of government services.Imaging all the money that wiil be saved if printing of money ends
sr. member
Activity: 643
Merit: 264
April 24, 2018, 09:56:35 AM
Off course use of bitcoins will change existing economy situation. But i'm sure there’s no goal to end governments
member
Activity: 256
Merit: 10
April 24, 2018, 09:48:46 AM
I don't think bitcoin can be successful to eliminate the government system, government is a useful tool to maintain the peace of one country specially the rerelationship with the other nation. We love bitcoin because government has no control over it and I am happy with this setting. But if bitcoin plan to stop the system of the government that is a hard thing to do and impossible to happen.
full member
Activity: 462
Merit: 100
April 24, 2018, 09:42:33 AM
I don't think that's the end goal for bitcoins. Rather it is adding an alternate decentralized monetary system that doesn't need banks to operate. Only the people will operate this kind of technology. Bitcoins give back the ownership of their money to the people.
newbie
Activity: 147
Merit: 0
April 24, 2018, 09:12:56 AM
why stop the government, if that's the case I will return your question as to where to stop bitcoin. we live need all things for the common good. with the bitcoin I just hope through bitcoin, we will avoid future financial crises that save all economies in the world. The government must work side by side with bitcoins and other crypto currencies. not eliminating one good thing that already exists.
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