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Topic: is it possible that the bitcoin was created by governments? (Read 22640 times)

full member
Activity: 952
Merit: 105

They (the government) won't be easy to get along with bitcoin, but they also take advantage of bitcoin. I'm not sure that they (personally) reject bitcoin. They simply refuse to serve the interests of a group who want power that they can easily control. Whereas in bitcoin they will be difficult to do that. We never know that maybe they (the government) have the most assets here.
that is correct - because bitcoin is a technical thing.
And not everyone is aware of the technicality and there are lots of advisors who gave wrong suggestions and hence the problem remains where it is. 
full member
Activity: 952
Merit: 105

I do not rule out that Bitcoin was developed by a group of people working on it, but at the same time I rule out that governments or banks are the ones who did this. Perhaps the gangs that engage in criminal activities helped develop it (This is also an assumption) , but certainly not the governments that take advantage of the current system and fight the spread of Bitcoin with all the means at their disposal .
Me too - there is great science behind it, and who is behind it we still don't know.
But government will not get into crypto - that is for sure - they will keep the power in their hand and would not let in circulate among the people.
sr. member
Activity: 1848
Merit: 341
Duelbits.com

I do not rule out that Bitcoin was developed by a group of people working on it, but at the same time I rule out that governments or banks are the ones who did this. Perhaps the gangs that engage in criminal activities helped develop it (This is also an assumption) , but certainly not the governments that take advantage of the current system and fight the spread of Bitcoin with all the means at their disposal .
Me too - there is great science behind it, and who is behind it we still don't know.
But government will not get into crypto - that is for sure - they will keep the power in their hand and would not let in circulate among the people.
They (the government) won't be easy to get along with bitcoin, but they also take advantage of bitcoin. I'm not sure that they (personally) reject bitcoin. They simply refuse to serve the interests of a group who want power that they can easily control. Whereas in bitcoin they will be difficult to do that. We never know that maybe they (the government) have the most assets here.
hero member
Activity: 2338
Merit: 757
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Which conspiracy theory are you pointing out? People who know bitcoin know that it is Satoshi Nakamoto who invented bitcoin but as to his personal identity, it is still unclear until now if he is a real person or just a pseudonym which is a person behind famous digital currency called bitcoin. If it is to strengthen financial aspect of the modern world, I doubt it because until now banks and governments are still against wide adoption of bitcoin. just my opinion.
Since the identity of the inventor of the Bitcoin protocol is unknown, this will keep the door for interpretation open indefinitely.
I do not rule out that Bitcoin was developed by a group of people working on it, but at the same time I rule out that governments or banks are the ones who did this. Perhaps the gangs that engage in criminal activities helped develop it (This is also an assumption) , but certainly not the governments that take advantage of the current system and fight the spread of Bitcoin with all the means at their disposal .
full member
Activity: 2184
Merit: 184
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Bitcoin is certainly final and there is nothing we can do, if there is a government who plans to make Bitcoin maybe the intention is to make cryptocurrencies, of course the government has a great power and capital to make coins and I'm sure it will not be difficult to convince investors.

Yes, government have the right to except Bitcoin in the country for their citizens to enjoy the benefits that attached to it, and also have the right to reject Bitcoin for their citizens not to have idea on Bitcoin in the country.  I don't think, government can create Bitcoin or control the price of Bitcoin in the country, because Bitcoin is a decentralized currency that is not control by any government in the world. I believed, Satoshi was the founder of Bitcoin which there are many proof to show to the whole world that Bitcoin is not created by government.
hero member
Activity: 2730
Merit: 632
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

The biggest conspiracy is the existence of conspiracy theories because they divide and divert us from the real issues. The internet was created by a government, and we use it for our nongovernmental crypto sovereignty, so I think this discussion is useless XD There are a couple of angles that I could see a government being the creator, but that wouldn't go as far as crypto went, so the question is not who created it, but what we can do with it.
You cant really avoid for people to have these question on whats the origin of something specially with bitcoin and we've been keeping on finding the answers for a decade now on whose Satoshi.
As long it wont really be uncover or wont be known then people would be always be curious and seeking those answers but well when we do speak about bitcoin was created by the government
then i could say that it is really impossible.Why would they create something which cant really be controlled nor being decentralized on the first place? They arent able to solve up the
decentralization issues even up to this moment which you could really say that it is really contradictory in overall which you could say that it is really impossible.
full member
Activity: 616
Merit: 161
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

The biggest conspiracy is the existence of conspiracy theories because they divide and divert us from the real issues. The internet was created by a government, and we use it for our nongovernmental crypto sovereignty, so I think this discussion is useless XD There are a couple of angles that I could see a government being the creator, but that wouldn't go as far as crypto went, so the question is not who created it, but what we can do with it.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
If bitcoin was created ostensibly to gain the financial power of the government that created it, then what is the mechanism for the growth of this financial power? In practice, we see quite the opposite effect. Cryptocurrency showed the vulnerability and imperfection of the current fiat payment system and provided citizens with an effective financial weapon against their own governments. I see no reason for governments to create weapons against themselves. This is just one of the theories that are being expressed a lot now without any evidence.
The funny thing is if it's true that they (the government) created bitcoin but on the other hand they can't control it, what a creation lol.
On the other hand, when they create things like this, why should they bother with the results of their creation, causing a lot of polemics there.
They created this to make it difficult for them because there really is no profit for them to torture themselves.
legendary
Activity: 2492
Merit: 1215
I guess that's not possible. due to the fact that many governments are against it indirectly at this time. I think bitcoin was created by ordinary people who have above average intelligence. and bitcoin is intended to be a currency that is not controlled by any government.

Indeed, Bitcoin can not be created by government, because government would not create something they cant control 100%, specially something, that became a revolutionary payment system.

I dont think that Bitcoin was created on purpose. What is one of its main features, anonymous payments. Well, there are other ways to make a payment anonymous. I think Bitcoin was create unintentionally. One guy or a group of people (we dont know who are behind Satoshi Nakamoto name) dreamed of something or had brainstorming fun. And all of a sudden we have what we have now.
hero member
Activity: 630
Merit: 611
I guess that's not possible. due to the fact that many governments are against it indirectly at this time. I think bitcoin was created by ordinary people who have above average intelligence. and bitcoin is intended to be a currency that is not controlled by any government.
sr. member
Activity: 1526
Merit: 255
It is proper for the state to immediately make coins that can be used for all citizens, this can improve the economic welfare of all citizens, of course it is not possible to make bitcoin, but if you make an imitation like Bitcoin SV, Bitcoin Cash and so on.
member
Activity: 840
Merit: 23
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
When giving out sensitive information it is best you go detailed and backup your point with the source of your information. Satoshi till date is not known. He can be anyone, an individual, a group of persons or even a government entity but till date the hidden identity of Satoshi has not been revealed to the world yet. But the valid point here is Bitcoin was actually created to strengthen finances in the modern world but by whom is what has remained a mystery till date
member
Activity: 569
Merit: 10
Bitcoin is certainly final and there is nothing we can do, if there is a government who plans to make Bitcoin maybe the intention is to make cryptocurrencies, of course the government has a great power and capital to make coins and I'm sure it will not be difficult to convince investors.
sr. member
Activity: 2352
Merit: 245
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
If bitcoin was created ostensibly to gain the financial power of the government that created it, then what is the mechanism for the growth of this financial power? In practice, we see quite the opposite effect. Cryptocurrency showed the vulnerability and imperfection of the current fiat payment system and provided citizens with an effective financial weapon against their own governments. I see no reason for governments to create weapons against themselves. This is just one of the theories that are being expressed a lot now without any evidence.
sr. member
Activity: 1484
Merit: 254
bitcoin is, electronic money created by Satoshi Nakamoto, in 2009. and I don't know? Satoshi Nakamoto is government or not. The clear point is that the existence of bitcoin has helped the economy of the world's people, especially for those who are interested in how they invest in bitcoin. and uniquely investing in bitcoin can be done by all circle.

Bitcoin is currently increasingly popular because many countries legalize and make bitcoin as an asset, of course everyone wants to have or invest Bitcoin, if there is a thought whether the state can make bitcoin certainly cannot, maybe the country can make coins similar to bitcoin.
full member
Activity: 952
Merit: 105
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Which conspiracy theory are you pointing out? People who know bitcoin know that it is Satoshi Nakamoto who invented bitcoin but as to his personal identity, it is still unclear until now if he is a real person or just a pseudonym which is a person behind famous digital currency called bitcoin. If it is to strengthen financial aspect of the modern world, I doubt it because until now banks and governments are still against wide adoption of bitcoin. just my opinion.
I agree with you.
No one knows what the answer is. From a different perspective, no one knows Satoshi's true identity, and it is uncertain whether this person exists or not, so it is possible that Bitcoin is a government project. But I still prefer the view that "Bitcoin is not created by the government". At present, it is still opposed by the governments of many countries, and some governments are even very opposed to Bitcoin.
this is correct we are still unaware of how Satochi is ...and either he exist or not.
How it came into exisastance - but maybe coming years - maybe the world changes all together while dealing with these transitions. Who knows what is coming up next.
newbie
Activity: 2
Merit: 0
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Which conspiracy theory are you pointing out? People who know bitcoin know that it is Satoshi Nakamoto who invented bitcoin but as to his personal identity, it is still unclear until now if he is a real person or just a pseudonym which is a person behind famous digital currency called bitcoin. If it is to strengthen financial aspect of the modern world, I doubt it because until now banks and governments are still against wide adoption of bitcoin. just my opinion.
I agree with you.
No one knows what the answer is. From a different perspective, no one knows Satoshi's true identity, and it is uncertain whether this person exists or not, so it is possible that Bitcoin is a government project. But I still prefer the view that "Bitcoin is not created by the government". At present, it is still opposed by the governments of many countries, and some governments are even very opposed to Bitcoin.
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Well if that is for conspiracy then there's a chance for it but I don't believe that Bitcoin is created by governments, if we talk about money laundering & manipulation of prices by banning it from their country then it would make sense if the government make the Bitcoin but If Bitcoin is part of their scam they should add their money in it before taking a lot of profits to attract investors.
full member
Activity: 952
Merit: 105


It's all a conspiracy theory to try to confuse people about Bitcoin's true origins. It wasn't created by the government, neither a single person as many believe it to be. It was created by a group of smart people with libertarian values in mind. I think Hal Finney, Nick Szabo, Wei Dai, and a few other cypherpunks were involved in the creation of Bitcoin. They've decided to go under the nickname of "Satoshi Nakamoto" in order to avoid bringing unwanted attention. You think governments would launch a free (as in liberty) and open cryptocurrency anyone can use worldwide? If they did that, then they would've "shut down" the banking system already. But we all know banks are still in play, making us certain that this is nothing more than a conspiracy theory.

Again, it doesn't matter who created the pioneer cryptocurrency as long as it works as intended. All we need is decentralized and censorship-resistant money no one can stop in order to achieve worldwide prosperity. Bitcoin's been doing fine since day one, so it's likely it'll last for generations. Just my thoughts Grin
I like what you have stated.
And why would Government let the control go in the hand of people. The money matter is very tricky stuff. There are lots of scam and fraud involved too. Even so many members in the forum complaint their wallet being hacked.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
There is absolutely no connection bitcoin created by the government, the concept of decentralized bitcoin development, this will affect the financial system involving the government, so far there has been no strong reference that says bitcoin is created by the government, conspiracy theories also cannot be associated with bitcoin travel. Even if this is the case, bitcoin can be regulated as the dollar reacts in an increase or decrease in price, in general this relationship has no correlation that can be attributed to existing data and sources

It's all a conspiracy theory to try to confuse people about Bitcoin's true origins. It wasn't created by the government, neither a single person as many believe it to be. It was created by a group of smart people with libertarian values in mind. I think Hal Finney, Nick Szabo, Wei Dai, and a few other cypherpunks were involved in the creation of Bitcoin. They've decided to go under the nickname of "Satoshi Nakamoto" in order to avoid bringing unwanted attention. You think governments would launch a free (as in liberty) and open cryptocurrency anyone can use worldwide? If they did that, then they would've "shut down" the banking system already. But we all know banks are still in play, making us certain that this is nothing more than a conspiracy theory.

Again, it doesn't matter who created the pioneer cryptocurrency as long as it works as intended. All we need is decentralized and censorship-resistant money no one can stop in order to achieve worldwide prosperity. Bitcoin's been doing fine since day one, so it's likely it'll last for generations. Just my thoughts Grin
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