Can Bitcoin be created by Russia or China? - page 3.

VadikZimnyayaRezina

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Quote from: just_Alice on June 13, 2017, 07:25:15 AM

Quote from: ladydark on June 13, 2017, 07:17:53 AM

Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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 had done it,then why should they first try to ban bitcoins and then start to regulate it.Bitcoin was created by satoshi not against US dollars,but to free people from banking sectors.But surprisingly,bitcoin is reducing the dominance of dollars world wide and it could replace dollars as global reserve currency in the future.

I agree with this. If Russia or China created bitcoin they would be already showting about that from the rooftops. No need to keep in secret such great achievement if you've done it.

But if I were them I'd probably was spreading such rumors too.

Bitcoin was created not by special services, but by a group of programmers. And it could be people from any country. These people were not governmental, so bitcoin is not recognized at the legal level in many countries

NelJohn

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i heard some one in social media that bitcoin there from japan created by name satoshi thats i heard maybe its true or els but the person ho's creat the bitcoin. nobody els see the person ho created the bitcoin ho knows!

just_Alice

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Quote from: ladydark on June 13, 2017, 07:17:53 AM

Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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 had done it,then why should they first try to ban bitcoins and then start to regulate it.Bitcoin was created by satoshi not against US dollars,but to free people from banking sectors.But surprisingly,bitcoin is reducing the dominance of dollars world wide and it could replace dollars as global reserve currency in the future.

I agree with this. If Russia or China created bitcoin they would be already showting about that from the rooftops. No need to keep in secret such great achievement if you've done it.

But if I were them I'd probably was spreading such rumors too.

ladydark

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Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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 had done it,then why should they first try to ban bitcoins and then start to regulate it.Bitcoin was created by satoshi not against US dollars,but to free people from banking sectors.But surprisingly,bitcoin is reducing the dominance of dollars world wide and it could replace dollars as global reserve currency in the future.

AjithBtc

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Quote from: Dimelord on May 09, 2017, 12:32:59 AM

Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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

Not at all.if they had created Bitcoin,they would not be trying to ban bitcoin as they did earlier.instead,they would be promoting bitcoins to decrease dollar usage.Decentralized nature is the beauty of bitcoins and its only created by an unknown person satoshi.

Something same as bitcoin will get implemented as Countries make plans to make their own digital currency. Already dollar value keeps on falling, so those Countries doesn't need to make plans to further decrease it's value. Decentralized nature is the true nature which won't be easily made by a government authorized digital tokens.

Dimelord

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Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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

Not at all.if they had created Bitcoin,they would not be trying to ban bitcoin as they did earlier.instead,they would be promoting bitcoins to decrease dollar usage.Decentralized nature is the beauty of bitcoins and its only created by an unknown person satoshi.

Przemax

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Thats a possibility that either of this countries would like to create the semi deflationary currency. Both of those countries are possitive towards gold and negative towards the usd.

China in my opinion is highly more likely to create bitcoin. Before you say that there could be no contendor to the USA high tech supremacy, I would like to point out that the USA has the supremacy only because of the financial supremacy. The education in that country is far inferior to the postsoviet education. Thats a fact. Many experts and many books states that fact. USA universities are full of imigrants, many of them are chineese and postsoviet are very inteligent and educated people. Some of them are staying in the USA some of them are going back to their countries of origin.

In my opinion the developers of bitcoin most likely are chineese that saw the corruption and injustice of american banking system and decided to do something about it. Chineese hackers that are working for government are known to be one of the best if not best in the world.

Another trace that might lead to China is that the Chineese are using bitcoin to get gold trading with the US.

bitllionaire

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Quote from: olushakes on February 03, 2017, 05:19:42 AM

Its not impossible for countries to create their own alts and I am sure research would have been going in other to make that a reality because that is the only viable means to stop the spread the popularity of bitcoin no matter how they try, the world is changing towards crypto currency and any government that does not want to be seen archaic needs to move in that direction and makes such facilities available for its citizens.

yes possibilities are always there because no one know that who are the real creator of bitcoin, so the creator can be from my own country also. but i think it is not mandatory to know about the creator of bitcoin because now he has nothing to do with it. now everyone is the owner of bitcoin who are holding it.

Qartersa

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Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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

I think the question is quite misleading in such a way that it suggests an answer to us advertisers. Nonetheless, to answer your question, there has been no definite research as to who created Bitcoin. The identity of the persona revealed remains to be anonymous as of writing. Others are merely speculating, to say the least.

Going back to the point, I think you could say that the creation of Bitcoin is a strategy to combat the existence of other currencies, being that its core existence mainly dwelt onto the loopholes of the common banking industry worldwide. But it is still unfair to rationalize the way you constructed your question, unless proven otherwise.

bravehearth0319

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Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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

I think you are doing the wrong thing Pal, This misleading anyway. How come that Russia and China is the one who create bitcoin that is totally wrong. Its okay if you have any source of proof or evidence but you don't have any tools to prove it.

phr0stbyt3

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First of all please post the appropriate title next time and second it is basically not possible for china and russia to erase dollars or bitcoins.
Reason for dollars is we all saw why us did in iraq after they decided to accept gold as a payment for purchasing oil and also killed gadafi when he decided to start a gold currency. And technically if they even don't accept dollars it won't make any sort of difference.
While in the case of bitcoin no again as they can ban mining or exchanges in their country but they can't erase bitcoins.

cryp24x

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Quote from: olushakes on February 03, 2017, 05:19:42 AM

Its not impossible for countries to create their own alts and I am sure research would have been going in other to make that a reality because that is the only viable means to stop the spread the popularity of bitcoin no matter how they try, the world is changing towards crypto currency and any government that does not want to be seen archaic needs to move in that direction and makes such facilities available for its citizens.

Well actually aside from possibility, it is easier for a country to create their own blockchain based currency. The have the resources and the money. Aside from that they also have talented people that can study how blockchain works. And they can even create an instant economy for that own altcoin.

Harry Callahan

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Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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

It is not a technology created by any country to shut any dominant country ,bitcoin is created by a genius to have more control by the investors to their own assets and not the other way round and its sole purpose is to have complete authority over you wealth and that is what bitcoin is all about.

Maskedman

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Of course they can create it, but I do not think they will bother invest money in time for what is still a little toy. Saudi Arabia could plundge Bitcoin forever with just what it earns in one day !

artows21

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I don't think so because China has already lots of money, so that's a bad idea.

Loepuenkyou

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if bitcoin be created by china, maybe bitcoin dev can investigation to china regulation
can bad information if bitcoin dev be arrested china authorities, so i think is imposible if bitcoin dev from china

razoor

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I don't think it's possible. Just look at their positions towards bitcoin. It causes them more troubles... Why would they be undermining themselves?

yunita

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Now it looks like it is Russia more assertive in the world bitcoin, many Russians are playing in a coin exchange, if it is true then it could have been Russia and China will be the strongest in having bitcoin

Zadicar

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Quote from: bravehearth0319 on February 14, 2017, 08:34:52 AM

Quote from: chmod777 on January 29, 2017, 07:28:45 PM

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

Why did you ask that question, we know from all time sake that up to now, only Nakamoto Satoshi is the founder and creator of Bitcoin. And no woder why some of the country declaring they are the creator of bitcoin. But at least we know who is after with the fame, money, popularity, and authority. Your the one who judge. Wink

Actually the topic title does really misleading at all connected to the content or description on OP. Bitcoin isnt being invented by those countries and if they would create one i dont think it would be succesful like bitcoin but basing on their superiority i think its possible but in a different way.

Rinder

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It wont be a surprise if some of those countries does come with their own crypto currencie, in fact China has hired some people to start those project i dont know how is the progress but expect a new altcoin coming with a lot power from those countries, they should offer something for the holders of their coin, because it wouldnt make any sense you buy something that wont give you nothing and you know a country will manipulate and control it.

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