Topic: Can Bitcoin be created by Russia or China? (Read 5686 times)
China and Russia are big country that can make any, but for bitcoin technology i think they will not be able to because bitcoin is very unique and full of high algorithm, maybe they will imitate but will not be 100% same with bitcoin.
Haha never heared anything like that before! For sure it was Maveodi (organizator of the biggest ponzi pyramid in Russia). I'm kidding 
I am a supporter of the theory that under name of Satoshi Nakomoto is hiding a group of programmers who created bitcoin.
I am a supporter of the theory that under name of Satoshi Nakomoto is hiding a group of programmers who created bitcoin.
They need to create a blockchain consensus, and as long as a lot of people use it, they will not succeed in it. Another factor is russia likes to manipulate but in another respect, once they do not accept bitcoin and they also do not know bitcoin mining. And there is no country why some countries claim they are the creators of bitcoin .. thank you
Nothing is impossible, as difficult as any course can be carried out if serious, we all know that Russia and China are the country's largest users of cryptocurrency, and it seemed easy for China and Russia to create a bitcoin.
Easy to create bitcoin? Something like bitcoin has been in the works at least since the eighties and satoshi was the first to be able to solve the puzzle completely, how can a problem be considered easy when it took almost 30 years for someone to solved it for the first time, after satoshi many have created their own cryptos, but if it was not for satoshi we don’t know how long it could have taken.
Russia and china are two countries that are currently very fast economic level, this does not rule out the possibility that the two countries make electronic currency, let alone we all know, the two countries are very rapidly in the development of technology I think it could happen
Am suspecting China be behind the creation bitcoin and not Russia. During last year usa election, Trump accused China of currency manipulation and my mind go to bitcoin emediately. The world leaders own bitcoin was created to reduce the dominant of dollars.
Yeah China coming out with bitcoin what a joke. They were smart enough to invest in bitcoin and they made the mining hub of the world,they took the risk and they are reaping the profit,other than that it is originated from a common wealth country according to the language the author used in the white paper.There is no amount of power that can match the mining out there now and no amount of force that can be applied that will tip the battle in the new forks favor.
I think it is impossible, even if a country as large as Russia and China creates something like bitcoin, tell me what will happen when bitcoin is governed by the government, the bitcoin that is supposed to be independent is not bound by anything, I think it would be very difficult if Managed by the state, because it will cause new problems that will arise in the future
Nothing is impossible, as difficult as any course can be carried out if serious, we all know that Russia and China are the country's largest users of cryptocurrency, and it seemed easy for China and Russia to create a bitcoin.
Even though Russia and China is one of the biggest countries in the world and have a good economic reputation and above average technology, they can't still make bitcoin or the copy of bitcoin because bitcoin has its own name and concept and if they will copy bitcoin just like the original then it will not a good coin because they will get a lot of haters and i think the only thing that they can do is to make their own version of cryptocurrency.
That is basically impossible. It would simply be a fork and only one would survive. They can make their own coin, like the myriad of others, but if the clone was exact, especially at the merkle, it would end up being a fork and with that much time offset and the rest, it would never survive the consensus.
One of the networkers around here tried to "raise" a little baby Bitcoin fork in a completely isolated network of ten computers and it never integrated and never even dented the original blockchain. The great thing is that since Bitcoin is so established there is virtually nothing that can be done to force a consensus with a new coin without the community being behind it.
That is basically impossible. It would simply be a fork and only one would survive. They can make their own coin, like the myriad of others, but if the clone was exact, especially at the merkle, it would end up being a fork and with that much time offset and the rest, it would never survive the consensus.
Can Russia or China done such a thing to erase the dominance of the dollar over the world?
I don't think so. Because both these nations have stood against Bitcoin from the very beginning. The authorities in both these nations have harassed Bitcoin users and have forced Bitcoin-based ventures such as exchanges to close down.
China and Russia won't show interest into generating such a alternate bitcoin. Russia is clear in its stand that it has made plans to use blockchain technology for their financial system and not to generate a new bitcoin. Even if Countries generate we cannot mention it a bitcoin, because the centralized functioning will take away various goodness our bitcoin holds.
Are you trying to tell that it is formed by a government to counter any internal currency,yes that is what i thought. 
I do not care if it is created by Russia or China or Africa,i know it is decentralized and i can hold my money in it.
I do not care if it is created by Russia or China or Africa,i know it is decentralized and i can hold my money in it. 
It is possible, we dont know for sure who Satoshi Nakamoto is or if he is a person or an entity. It wouldn't surprise me to hear in he future that an American, Chinese or Russian agency/agent is behind bitcoin or any other alt-coin. Yeah I know my tin foil hat is working overtime
But I heard Russia is already trying to create its own cryptocurrency. 
It is possible, we dont know for sure who Satoshi Nakamoto is or if he is a person or an entity. It wouldn't surprise me to hear in he future that an American, Chinese or Russian agency/agent is behind bitcoin or any other alt-coin. Yeah I know my tin foil hat is working overtime
Whether china and russia can create bitcoin, because it will also threaten their own currency and if there is some kind of backdoor. May have to think again if you want to create bitcoin.
Bitcoin is a threat to the Russian economy, but Putin is in trouble with investments and so ready to make investments even in bitcoin. It will not save him. China has long been seeking an alternative to the dollar and perhaps using bitcoin will try to weaken the dollar, but I doubt that these countries could be related to the consciousness of bitcoin. Can Russia or China done such a thing to erase the dominance of the dollar over the world?
Generally, there are always governments behind such technologies. For example, StuxNet
If they did then they really miscalculated the effect of this technology which by the way would not have been something new, but I think the most likely scenario is they did not have anything to do with it since they will probably be able to find ways to do that without requiring the use of a new and unproven technology like bitcoin. Generally, there are always governments behind such technologies. For example, StuxNet
Nope . its digital currency and anonymous in nature but every country have there currency so i dont think they created it .
Whether china and russia can create bitcoin, because it will also threaten their own currency and if there is some kind of backdoor. May have to think again if you want to create bitcoin.
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