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Topic: Are Satoshi mined bitcoins owned by the US Government - page 3. (Read 490 times)

newbie
Activity: 140
Merit: 0
i dont think it is true but good idea though lol it may be true in that case government would be tracking every thing in the market and i don't it will be a good thing
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
What would happen if dollar would lost huge value and the the US Government gives a proof of ownership of Satoshi mined bitcoins?
Maybe this was asked sometime before I applogize for repeating the same question.
In other words what if Bitcoin iwas created by the Government?

no you are the first one who came up with this conspiracy theory. congratulations, your big tinfoil hat does work. you should start making more of those and selling them for profit. Grin

in any case the government is never going to create a decentralized currency which is taking the power from them even if they control a large amount of it. and not to mention if they really created bitcoin then they would have never stopped mining it. that doesn't make sense to create it, mine it for a while then go away and let it grow as a decentralized currency and create lots of altcoins some of which are focusing on decentralization and anonymity even!

No this question has come up several times before, https://bitcointalksearch.org/topic/illuminati-elite-the-committee-of-300-secrets-of-the-world-government-review-329191 and https://bitcointalksearch.org/topic/bitcoin-was-made-by-the-us-government-726063 < Made in the USA >

We would just have to ask the question why they would want to create a pseudo anonymous Crypto currency that are not under their control, if they already have a fiat currency that they can manipulate and also monitor/track and control? They control the money supply and they regulate the flow of money through regulated fiat institutions like Banks. Why would you offer up all that control, to replace it with Crypto currencies that are not under your control?

The only logical answer to this is if you have control, but nobody knows about that.

So I seriously doubt that governments would replace a centralized financial system under their control, for a decentralized Crypto currency system that are not under their control.  Huh

If I was the us govt I would do it exactly like bitcoin was implemented.  At some point it will be come to big to fail if it’s not already and then no one will care who has the first mined coins.   We don’t know who the initial developers are.  Or who they really work for!  Congrats to OP for questioning this. Don’t be intimidated by those that can’t think for themselves and have to throw the tin foil hat at ya.  Keep questioning everything the truth sets you free

BR
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
What would happen if dollar would lost huge value and the the US Government gives a proof of ownership of Satoshi mined bitcoins?
Maybe this was asked sometime before I applogize for repeating the same question.
In other words what if Bitcoin iwas created by the Government?

no you are the first one who came up with this conspiracy theory. congratulations, your big tinfoil hat does work. you should start making more of those and selling them for profit. Grin

in any case the government is never going to create a decentralized currency which is taking the power from them even if they control a large amount of it. and not to mention if they really created bitcoin then they would have never stopped mining it. that doesn't make sense to create it, mine it for a while then go away and let it grow as a decentralized currency and create lots of altcoins some of which are focusing on decentralization and anonymity even!

No this question has come up several times before, https://bitcointalksearch.org/topic/illuminati-elite-the-committee-of-300-secrets-of-the-world-government-review-329191 and https://bitcointalksearch.org/topic/bitcoin-was-made-by-the-us-government-726063 < Made in the USA >

We would just have to ask the question why they would want to create a pseudo anonymous Crypto currency that are not under their control, if they already have a fiat currency that they can manipulate and also monitor/track and control? They control the money supply and they regulate the flow of money through regulated fiat institutions like Banks. Why would you offer up all that control, to replace it with Crypto currencies that are not under your control?

The only logical answer to this is if you have control, but nobody knows about that.

So I seriously doubt that governments would replace a centralized financial system under their control, for a decentralized Crypto currency system that are not under their control.  Huh
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
What would happen if dollar would lost huge value and the the US Government gives a proof of ownership of Satoshi mined bitcoins?

Governments are political and the politicians tend to put their hands on any money available. Still, they didn't touch those Bitcoin during the years, so the chances for this theory to prove right are slim to none.
However, let's answer to that question: if that would happen, there would start a huge decline of Bitcoin.
member
Activity: 462
Merit: 12
In other words, what if Bitkoyn was created by the government? - if the world finds out about it and it will be true then bitcoin will fall in price immediately.Because one of the main advantages of bitcoin is financial independence from the state and financial institutions.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Such theories existed that bitcoin is just another secret project of the government to lure in money launderers and criminals and to use the coin for monetary gains as well. However, there aren't any solid evidence that supports this, and if there's any evidence around, it's too murky to even connect to the government and whatnot. For now, the mysterious Satoshi Nakamoto isn't even identified, and the protocol/system is too complex to be devised by a single person with a wide understanding of cryptography and economics as well. It could be the top dogs of the government, yes, but then again, no irrefutable evidence that hints to your theory yet.
hero member
Activity: 3150
Merit: 937
What would happen if dollar would lost huge value and the the US Government gives a proof of ownership of Satoshi mined bitcoins?
Maybe this was asked sometime before I applogize for repeating the same question.
In other words what if Bitcoin iwas created by the Government?

If bitcoin was really created by the US government,it would have been cracked/hacked back in 2010. Grin
Even the  US government's "Obamacare" webiste was a complete garbage.How can they create a cryptocurrency,that will be so successful and survive over 8 years?
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
What would happen if dollar would lost huge value and the the US Government gives a proof of ownership of Satoshi mined bitcoins?
Maybe this was asked sometime before I applogize for repeating the same question.
In other words what if Bitcoin iwas created by the Government?

no you are the first one who came up with this conspiracy theory. congratulations, your big tinfoil hat does work. you should start making more of those and selling them for profit. Grin

in any case the government is never going to create a decentralized currency which is taking the power from them even if they control a large amount of it. and not to mention if they really created bitcoin then they would have never stopped mining it. that doesn't make sense to create it, mine it for a while then go away and let it grow as a decentralized currency and create lots of altcoins some of which are focusing on decentralization and anonymity even!
member
Activity: 420
Merit: 10
Interesting point, all can be
If its created by US government, he know what the system fail soon and build new Ark of Noah
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
What would happen if dollar would lost huge value and the the US Government gives a proof of ownership of Satoshi mined bitcoins?
Maybe this was asked sometime before I applogize for repeating the same question.
In other words what if Bitcoin iwas created by the Government?
If bitcoin was  created by the government maybe its characteristics is not the same to the present traits of bitcoin now. Bitcoin will be very prone to corruption and can intervene peer-to-peer transactions which is not private and that would be an issue of security to those holder/owner.
newbie
Activity: 13
Merit: 0
What would happen if dollar would lost huge value and the the US Government gives a proof of ownership of Satoshi mined bitcoins?
Maybe this was asked sometime before I applogize for repeating the same question.
In other words what if Bitcoin iwas created by the Government?
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