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Topic: We do not need government and bank any more - page 15. (Read 2126 times)

newbie
Activity: 113
Merit: 0
I'm all for getting rid of the banks but not too sure of getting rid of governments. I do believe they need us more than we need them but I can't even imagine the chaos they would be for a time if government were to become null.
jr. member
Activity: 518
Merit: 1
We still need government and bank because most people in the world use it. How is it that only if the country does not have a government and there is no leader to lead? Who will solve crimes? If we dont need a bank, how is the fiat money we still use to pay?  The only problem is third party, but as long as they wont harm me, it's okay.
hero member
Activity: 896
Merit: 514
Of course, government and bank looking like a very archaic institution, but we can't refuse by government and bank so fast, we need more time.
In my opinion, it is too early to pass any such statement as I don’t think so that the need of the government and the banks in completely vanished. Things are going well in the world of the crypto currencies but still things are not that much better that people should stop trusting the banking system which they are using since centuries. You need to be little more patient to experience any such thing.
newbie
Activity: 182
Merit: 0
Governments and banks are now adopting Blockchain technology in first place like Japan now banks are providing loans on blockchain technology
member
Activity: 392
Merit: 14
No, I don't agree with you. I am very much against it. Human beings today cannot live without the government and the banks. This will lead to a regression of human civilization. I think cryptocurrencies can coexist with banks. Free Bank.
member
Activity: 537
Merit: 12
Based on the foregoing, we can conclude that crypto wiil be symbiosis with governments and the banking system. In any case, this is so in the foreseeable future. Obviously, this will not be the case throughout the world.
In which countries can there be such a symbiosis?
newbie
Activity: 75
Merit: 0
We still need government to govern us for things that can not be done by civilians or ordinary people such as solving crimes and arresting criminals, protections etc. About bank, we still need it also because we are still using fiat money and many merchants still not accepting crypto as payments.
legendary
Activity: 1512
Merit: 1011
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.

You are right. Our society is build around banks and Governments. They have been around a very long time and have made their living easy. They are not going to give it up without fight.
In my opinion Block-chain technology will be a lot more useful if try to improve the system we have, than try to replace it.
newbie
Activity: 196
Merit: 0
True. However, the government will always figure out how to get the maximum benefit out of this situation. Suppose to legalize cryptocurrencies and impose taxes on the conduct of cryptocurrency transactions, or withdraw money to the card. Although, as much as the government will come up with obstacles for people, so much ordinary people will find ways to get around them.
full member
Activity: 420
Merit: 101
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.
We still need bank and government because not all the people know the existence of cyrpto currencies and not all the people willing to used it and there are some people will cannot afford to buy some devices for this new kind of technology.
member
Activity: 420
Merit: 50
In our complex technological society, the life of every modern civilized person consists of a huge number of small comfortable dependencies. People can no longer interact directly with each other on all daily issues. In many cases, intermediaries are required. They make life very easy. If every person is lazy then more middlemen will be around him. Government and banks including.
We need bank and government to introduce bitcoin as a legit investment, without them crisis in the society will continue . Yes, this kind of technology is much useful in the community and we're not longer encountered difficulties.
sr. member
Activity: 784
Merit: 250
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.
newbie
Activity: 161
Merit: 0
Although the community of the blockchain is growing, I do not believe that this can be the answer of not having the government in a country anymore. Blockchain only solving the problem of third parties when it comes about money but not about solving the problem of illegal matters. And that makes sense why we need government.
sr. member
Activity: 518
Merit: 250
In our complex technological society, the life of every modern civilized person consists of a huge number of small comfortable dependencies. People can no longer interact directly with each other on all daily issues. In many cases, intermediaries are required. They make life very easy. If every person is lazy then more middlemen will be around him. Government and banks including.
newbie
Activity: 103
Merit: 0
We do need government, there is no way that us being able to control our own money through cryptos means that we do not need governments and banks anymore
full member
Activity: 350
Merit: 133
SIMPLE SHOPPING AND SAFE PAY
society is not yet ready to live without banks. People are not educated enough to manage their money themselves. need more time

I agree, many people do not even think that money can be stored not only in the bank. People are used to banks and will not be able to change their thinking, for the implementation of the crypto currency in everyday life it will take years in my opinion!
sr. member
Activity: 532
Merit: 253
I think we still need government and banks because it's easier. how can you spend your crypto nowadays? or how will you explain crypto world to your grandmother? As we are still developing usability we cannot work without banks
member
Activity: 182
Merit: 10
States are always needed. There can be no life without government. We need a bank to spend the tokens we earn from the crypto money world.
full member
Activity: 602
Merit: 104
society is not yet ready to live without banks. People are not educated enough to manage their money themselves. need more time
full member
Activity: 392
Merit: 100
I do not think that various banks and governments are able to stop progress of technology, moreover, banks try to implement blockchain to the bank's processes.
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