Perhaps the main idea of cryptocurrencies was to destroy our financial system and to build the new one but now I see crypto became a financial asset and no more. I don't believe that standard money will disappear with blockchain and cryptocurrency arrival and that will destroy the Institution of Bank, now I see that will not happen
Topic: We do not need government and bank any more - page 11. (Read 2126 times)
Why do you think that government will let crypto takeover banks ? This will make them weak and thus they will never let it happen.
With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.
Certainly, the Crypto-currency is created just for this, but it is too early to say that the world economy is ready for such changes. But sooner or later these alternatives must occur and a new era of dominance of the crypto-currency will begin.
Personally I am a crypto enthusiast and I'd lik to see blockchain adoption in some of human activities, I don't think that you can completely replace governments and banks
I agree with you, but at the moment I do not see any prospects for cryptocurrencies, so that they can fully fit into everyday life for every person on earth.
The bank is a gigantic financial institution throughout the country, but they can not offer services to all people in the world.
That's why cryptothermia is banned in many countries, as governments see them as a danger.
The government wants to control us, but now they can not do this anymore.
That's why cryptothermia is banned in many countries, as governments see them as a danger.
The government wants to control us, but now they can not do this anymore.
Yes, when the development of blockchain is powerful enough, then the bank doesn't make much sense to us. The blockchain can bring us more convenience and the most open and transparent transaction method.
Unfortunately, while we can not completely abandon the cash we are accustomed to, because the crypto currency can not be used in all spheres of life necessary for us, it's just inconvenient!
I dont think so, government and bankd government and bank are very neccasy, though I really like this system. but no one knows what will happen in a few years.
Your logic is not established and you cannot achieve it. It takes at least tens of thousands of years for human civilization to leave the government and banks. That era is advanced civilization. Now leaving the government and banks is tantamount to destroying yourself.
the Government and the bank will always exist and will not be stopped despite the blockchain. the Bank is the economic center of the country, this is a basic foundation of the economy of a country and cannot be replaced. Despite the great start blockchain and crypto but it is not a warranty this can be applied in all countries because it is still a lot of processes and policies that must be made include the still not evenly distributed technology development in various countries.
If you dont need bank, its more make sense because you have a place to store money in cryptocurrency or maybe other investment. But how can stay without government? This means you will be staying in a place with no freedom place. I mean the place that has government.
In fact, nothing will change! We will just be dependent on each other! This game will continue as a minimum for several years. But sooner or later, something will change sooner or later!
With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.
The title is as dumb as the body. Decentralization is still limited and is not recommended on global scale, even on a county. Blockchain and ico are limted to specifics like for medical and fitness purposes, cyber security, advertisement, etc. but not government and banks. Stop saying stupid things like this.
a good statement for us to digest together, in fact we do not need government and banks at all, but as a means to us in getting money from your work, we need a bank, it's no doubt that we still need the bank itself, but in their capacity only tool for us just to melt the money, it is not an important thing in running this crypto business
We dont need to ignore the government and bank. Government plays an important role in the community and the community needs it. Without them, our society will not be on its proper management. Crypto industry is good but for some instances it can't stand once in for all, living in the society is not all about money. We need some leaders too.
Until the acceptance of bitcoin on each and every service similar to fiat there is a need for banking system, fiat and a government is a must to have easy accessibility. When the acceptance of bitcoin over the world happens same as fiat we can just prefer cryptocurrency avoiding banking system.
it looks too utopian. regulatory authorities are needed, even though they will be on the blockchain. without them there will be chaos. just the government and the banks may change their appearance
It's really a good idea. But I think that banks will not give up simply because these people are very accustomed to sucking money from people and of course they are not going to stop, there is also convenience I do not argue, but all this is also not safe.
I do need both, economy and money is only part of life, but you also need safety, education, health... there are many things that we get from being in a country.
That is why cryptocurrencies are banned in many countries as government wants to control us but now they can not do it anymore.
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