We do not need government and bank any more - page 34.

jose111

jr. member

Activity: 175

Merit: 1

Wont be happening unless these government will allow it to happen but i doubt,because any government who doesnt get taxes from the people wont survive there will a chaos and messy governance among the commong people.So it will be worst than we can ever imagine,that is why we still needs governments to protect ourselves from the people itself.

I do agree to that. In the pass years and decades the government are serve to us like a strong built wall for us to be able to survive to our daily lives in our country. Our government are the one that helping us to resolving many problem that we encountered to our surrounding or in our community. I do believe that government have a very important role to reach one's country's success in many aspects. I don't know and have a doubt in what will possible to happen if one country's has no government.

jundy020

newbie

Activity: 191

Merit: 0

But thats the reason why some country ban bitcoin to their country and we do still need government and banks. If the cryptocurrency will have partnership with the National banks then there is no problem with that.

Naman1111

full member

Activity: 294

Merit: 100

Yeah will need government but not banks. Over the year Banks have become so evil and charge money in the form of misc ban charges that i has become a pain . In next 5 year we will see a lot of lobbying by banks to stop cryptocurrencies from overtaking them. A lot of services offered by banks will be killed by the cryptocurrencies. As far as government is concerned its role will be limited to non monetary related roles in the society.

damberg

full member

Activity: 658

Merit: 108

Quote from: lisalise on March 29, 2018, 09:01:10 PM

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.

Although I am a crypto enthusiast and I would like to see blockchain adoption in plenty of human activities, I do not think that you can fully replace governments and banks. Governments are - besides other important things - representation of sovereignity among other countries. And I bet you don't want "an inteligent blockchain" to negotiate about your future with other human leaders

katixrecamara

newbie

Activity: 85

Merit: 0

Quote from: lisalise on March 29, 2018, 09:01:10 PM

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.

I beg to differ. We need government and banks. Banks are there to hold and manage peacefully fiat, and we know that fiat is the basis of commerce and trading options. Even buying coins in crypto we need fiat, and so inadvertently banks and government.
Even when cryptos tap business establishments to use cryptos as payment system, we need certain permit and regulations from government and so is banking.
We need all the help we can get since what we have is a community that's relatively small in comparison.

Andrej Peiboski

member

Activity: 350

Merit: 12

It would be nice if it were true. But there are many other rules to enforce, even assuming that the blockchain really worked. But it's a nice dream, let's think about it every now and then. Another world is possible.

bitor

member

Activity: 210

Merit: 10

I think, that in 10 years crypto will supplant fiat money in the most development cities. And it will be new era of currencies

blackmagical

member

Activity: 98

Merit: 10

we still need government and bank. without government, there are no stable society, no protections for citizen and the inequalities between the very wealthy and the extremely poor will never be rectified.

SnapFX

jr. member

Activity: 588

Merit: 1

I don't think that the technologies working at a blockchain can't be controlled. Yes, it is a certain progress, but without the governments we far won't leave)

Herp-a-derp

sr. member

Activity: 630

Merit: 250

You're right, blockchain technology is much more profitable, but it's very difficult to implement this idea, because banks also need to earn money and just so they will not leave, they either accept this blockchain technology and will use or will leave Roll Eyes

ballerin and giroud

member

Activity: 868

Merit: 16

On the reality with presence technology of blockchain and cryptocurreny yes we don't need government and bank because both will make human easly go through daily activity. But on the fact some government make a dicission to ban cryptocurrency in his country. With the reason cryptocurrency will make the national money dissapeared. For some country who have decission ban cryptocurrency then it's confirmed the user of cryptocurrency still nedeed a bank to change his money to cryptocurrency or from cryptocurrency to physical money.

xuan87

legendary

Activity: 1666

Merit: 1001

Without the government the country you live will be in chaos, imagine everyone making it's own rules, that is not a country but a jungle, without the bank you will have great inflation and deflation every day, without the economic stability the country will falling apart, even blockchain triumph we still need the government and bank involvement in a country

dhrazzen

member

Activity: 266

Merit: 10

In my insight, we still need a government to protect and regulate our country. The government must also support the blockchain technology or the bitcoin itself. Government must also accept the bitcoin inorder to help the people to uplift their life. Bitcoin opens lots of opportunity, so the government must accept and adopt it.

ZaBelyi

jr. member

Activity: 127

Merit: 2

Product almost ready flycare.com

Blockchain is an excellent technology, especially in terms of Finance. People can finally use a financial instrument (storage, transfer, accumulation) without the participation of intermediaries and legal entities with Bank licenses that only wind up interest and take commissions for everything that is possible. This system allows you to cut off all unnecessary and make a minimum of intermediaries between the two participants.

cryptogeek101

sr. member

Activity: 798

Merit: 250

homt.net

Government should be there to protect its citizens but should allow the blockchain technology to exist to help the less privilege who cannot asses the banks own by the government. The blockchain technology has come to help everybody including the government so they should accept and stop this fight.

nhinhi

newbie

Activity: 32

Merit: 0

We still need gov and bank. We need gov until we still need social. That's true

espeno

jr. member

Activity: 37

Merit: 2

I am unable to believe that we can do without government and Bank as humans are weak in nature. They have always sought to look for leaders whenever they cannot make decisions. Since time immemorial, even the stone age Man also look for leaders.

To lead is to have structure and hierarchy. To have these is to form government. Even animals also seek to look for leaders. Like wolf packs.

This is why banks and govt will always be here

czhen

member

Activity: 308

Merit: 10

all of which is competition where blockchain becomes a threat and cryptocurrency is also a constraint of conventional banks whereas the issue of government permit is another matter where about taxes and profits of a country if he adopts cryptocurriency.
whereas blockchain is a very good future for the development of the world economy.

Tapyaks72

member

Activity: 490

Merit: 28

Quote from: inyakizuryel on March 29, 2018, 11:03:14 PM

Quote from: lisalise on March 29, 2018, 09:01:10 PM

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.

Yes you are correct but theres also disadvantages here in the market most especially when the prices are going down your coin's value will also go down while in the bank all the prices are going up but it will really take a long time to have more profit there which is in cryptocurrency you coin's value can have a great value in only a short period of time and I think that is more profitable and worth the time.

As of now we cannot easily eradicate bank because it is protected by the government as we knew theirs no other entities that is most powerful but the government, think the government is studying Blockchain technology to be used in their advantage.

Zanetti83

newbie

Activity: 126

Merit: 0

Quote from: lisalise on March 29, 2018, 09:01:10 PM

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.

Well, I think what you have stated has been predicted by Bill Gates years ago.
But, I don't think it will happen in near future.
What I truly agree is, people will find a way more efficient for them, and blockchain is one of the solution.

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