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Topic: Bitcoin was Made by the U.S Government - page 3. (Read 3055 times)

legendary
Activity: 4424
Merit: 4794
August 05, 2014, 06:52:48 PM
#4
The US gov and the banks would not make bitcoin.
Something like ripple though? With set authorities and being distributed rather than free to expand at the will of the users, yep, sounds perfect for them.

even ripple was not a government invention. nor useful

government and banks equivalent to ripple is called FOREX
sr. member
Activity: 307
Merit: 250
et rich or die tryi
August 05, 2014, 06:50:05 PM
#3
The US gov and the banks would not make bitcoin.
Something like ripple though? With set authorities and being distributed rather than free to expand at the will of the users, yep, sounds perfect for them.
legendary
Activity: 4424
Merit: 4794
August 05, 2014, 06:25:27 PM
#2
if the government and central banks wanted to create bitcoin. they could have created it.

meaning they could have coded it behind closed doors, premined it. and the swapped their current database account system with nodes and simply accredited each account holder with a privkey that was made from their bank details and a secret seed. and fill that public address with "dollarcoin".

we would have been non the wiser of this new banking system because to us all we see is a paper bank statement and or a balance on a website or ATM screen.

the general public would have been non the wiser of what actual code makes up the bank system. we would have been non the wiser thatif banks used crypto currency as their ledger, that the data on the 'chip and pin' cards was simply a privkey and not standard bank account numbers

so if government and central banks made bitcoin, then government and banks would be using ... well an altcoin.. as their bases of accounting the ledger of account holders, as its alot easier and more secure with no single point of failure compared to the banks standard systems of this last decade.

but im afraid to tell you that governments and banks are NOT using a crypto currency based ledger system,

put it another way. sat nav was not invented by the public, it was invented by the government, and they utilized it first in secret, they made it part of their world as they seen it was better then compasses/maps/sonar. it wasnt until years later that it was released to the public and commercialized.

so going back to bitcoin. if the government made it thy would be the first to use it to standardize and secure banks and then release it out to the world later.

so please will the OP and everyone else with a conspiracy theory branded tin foil hat. please stop making up stories about something that is soooooooo open and soo transparent.. as being made by secret agencies,

your theories would hold weight if you could show evidence, but just reading your crap theories i can tell that you have not even bothered to read the white paper, or read the code or read any of the open communications of the last 5 years between developers. you have no clue at all. i bet you have not read more then 2 messages posted on this forum by satoshi (although there are hundreds more. )

so before you make another crack pot theory, atleast do some research and provide links, atleast make the crack pot theory entertaining with an image.. just do something other than make crack pot theories.
hero member
Activity: 770
Merit: 500
August 05, 2014, 05:57:23 PM
#1
Let's be serious here, U.S Government employees are everywhere, on this forum, on chatsites, even chaterbate.

With that being said, they know the kind of BS some people spread about them with their conspiracy theories and whatnot. What if Bitcoin, was made by the government? Think about it, if the U.S government just came out and blatantly said that they created Bitcoin, then the public would react violently and start saying that the government is Socialist/Communist and etc etc. It would look bad. But, if the government made Bitcoin in secret under the sudonym, Satoshi, Nakamoto, then they could effectively improve our monetary system behind the scenes and help stop the rampant inflation the USD is facing, without having to face criticism by the complete imbeciles, we call the american public.

Basically, The U.S Government is like Batman. They do the real work in the shadows to not face criticism by ignorant people, and in those shadows, they have created a system for the future, Bitcoin.
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