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Topic: We do not need government and bank any more - page 35. (Read 2104 times)

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
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.
member
Activity: 490
Merit: 28
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.
newbie
Activity: 126
Merit: 0
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.
newbie
Activity: 164
Merit: 0
I don't think that what you said will happen. The government will not allow such things to happen. Although it is decentralized, it is inevitable that there will be people or organizations that are centralized and cannot resist.
full member
Activity: 378
Merit: 104
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.
full member
Activity: 265
Merit: 102
Actually we need to go in government because we need permit to run a business here in my country like the bank here with btc wallet address and fiat wallet address so even we don't regulate crypto here still we need the approval of government to run any kinds of business here related to bitcoin or crypto like our own wallet i say some business need to have permit but not all
full member
Activity: 658
Merit: 102
If someone thinks that we are able to live without the government, banks and the state, he is deeply mistaken. Without this form of social order, there will simply be chaos, which will immediately be used by individual armed groups of people who will migrate, rob and kill people. So far, people have not thought up anything better from the state and the government to protect themselves from their own kind, and therefore we still need a state and government, and the state and the government need banks to plan the country's economic development and implement their plans financially. Here, as always, we need a golden mean, grinding public relations with respect to the crypto currency. And this process is very long.
full member
Activity: 420
Merit: 102
Bank is giant financial institution in all country , but they can not offer  service to all people in the world like poor people who does not have ID and unbanked. And this world there are more than 2 billion people still unbanked and blockchain technology give solution for them. That no need third party like bank to send and receive money.
member
Activity: 364
Merit: 10
https://bvo.trybravo.com/
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.

That is why cryptocurrencies are banned in many countries as governments see the danger in them. The government wants to control us but now they can not do it anymore.
newbie
Activity: 42
Merit: 0
that's true
newbie
Activity: 42
Merit: 0
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.
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