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Topic: is it possible that the bitcoin was created by governments? - page 10. (Read 22565 times)

hero member
Activity: 1302
Merit: 532
Here everyone is looking for a conspiracy theory about the creation of bitcoin and if that is the case here is another point of view, what if bitcoin is created by some countries like North Korea, China or Iran to disrupt the financial structure of the world and these countries which are having financial or trade restrictions might be behind the development of bitcoin to disrupt everything, i am not saying it is certain but it is possible and i am throwing this conspiracy theory for everyone to think about an option like that.  Cheesy
full member
Activity: 1330
Merit: 121
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Until now no one knows for sure who Satoshi Nakamoto? but I don't think that's the government. because most governments reject bitcoin. and also because bitcoin is decentralized cannot be controlled. I think all governments do not like anything that cannot be controlled. so in my opinion satoshi is not the government. This Satoshi Nakamoto may be a person or group of people. who want to find solutions to the global economic crisis that occurred in 2008.
I also believe that Satoshi Nakamoto is a non-existent person, which may well be a group of people.  But given that the creation of Bitcoin was aimed at improving the situation in the world due to the crisis, how was Bitcoin supposed to affect the global economy?  Apparently, the goal was to go into an independent space with the help of cryptocurrency from all state control.  If so, then it is very difficult to assume that the state was involved in the creation of Bitcoin.
sr. member
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Merit: 250
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Until now no one knows for sure who Satoshi Nakamoto? but I don't think that's the government. because most governments reject bitcoin. and also because bitcoin is decentralized cannot be controlled. I think all governments do not like anything that cannot be controlled. so in my opinion satoshi is not the government. This Satoshi Nakamoto may be a person or group of people. who want to find solutions to the global economic crisis that occurred in 2008.
full member
Activity: 364
Merit: 100
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
People already know that bitcoin was created by satoshi nakamoto which is not yet confirmed by satoshi but everyone here in the crypto world believe that satoshi is owner of bitcoin.
It is impossible that the government will will create something that they can't control and yet a lot of country's government banned bitcoin.
full member
Activity: 588
Merit: 100
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Yes it is possible for the future of bitcoin creates by government to help control the situation of every country
To have a stable income of the people who are interested in bitcoin. Because bitcoin really gives hope and a best.  futire
sr. member
Activity: 1610
Merit: 372
I somehow reflected on this issue with my friend. If so, then it must be done in such a way that people cannot understand it.
Which is problematic given that people are becoming smarter and smarter every day. Even a child can write his own blockchain. Therefore, I doubt that the government is involved here.


full member
Activity: 560
Merit: 107
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

For me, that possibility is very meager; there is so many questions that will come up to your mind. Like some ppl said that why would the government create bitcoin that most aspect is against with them, the centralization, transparency, control, support, etc. But some example can explain well, and that conspiracy theory is quite pleasant, but not totally agree.   Smiley
copper member
Activity: 70
Merit: 22
They didn't create it, but they can be a very effective enemy if they want to, whether by controlling miners or just the economics of it.

Also by controlling the in and out points of the bitcoin economy (mostly exchanges).
full member
Activity: 1050
Merit: 100
it is possible that the governement who control price of bitcoin.. if they want bitcoin under 7000 usd per btc after some month . for sure it will be
No government can control the price of bitcoin. In general, the existence of cryptocurrency is not beneficial to states and their governments. Cryptocurrency brings governments almost only problems, so I do not think that any government is involved in the creation of cryptocurrencies. It just doesn't make sense.
but by owning most of the bitcoin I think someone can control bitcoin, including the government. who has big funds can move the market. but if the government is involved in the creation of bitcoin, I don't think it's the right discourse, even though no one knows who it is sathosi. Moreover, many governments do not yet support cryptocurrency, this is one of the proofs
legendary
Activity: 2870
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This sounds like another conspiracy theory and to be honest it doesn't make much sense.
If that was true behind that should be some motive and some reasons and I can't think of any. Also, that particular government of particular country would have profited much from Bitcoin but I can't think of any such government.
sr. member
Activity: 1624
Merit: 267
Creator of the  bitcoin is atill mystery and no one can approve that if it's individual, group or governement. All ofnthese are possible who created the bitcoin or our king coin so possible for the government also create a bitcoin but the question what country incase, because we know the other government in other country did not supported bitcoin.  But if does not government I don't care because Im focusing now on how to earn bitcoin instead of thinking who created.
full member
Activity: 462
Merit: 100
I dont think so..because as far as i know, government didn't want bitcoin and they are all against about it. And i know, bitcoin created by the only one person that have a partnership who's manageable as a team. But it depends the countries where you from or where the place you are living.
full member
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it is possible that the governement who control price of bitcoin.. if they want bitcoin under 7000 usd per btc after some month . for sure it will be
No government can control the price of bitcoin. In general, the existence of cryptocurrency is not beneficial to states and their governments. Cryptocurrency brings governments almost only problems, so I do not think that any government is involved in the creation of cryptocurrencies. It just doesn't make sense.
sr. member
Activity: 812
Merit: 253
I haven’t heard anything about that theory but I really don’t think it is possible because if it was then Bitcoin or the other cryptocurrencies would have been regulated already. The debate of making these cryptocurrencies being regulated has been going on until now. 
sr. member
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it is possible that the governement who control price of bitcoin.. if they want bitcoin under 7000 usd per btc after some month . for sure it will be
member
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Satoshi Nakamoto created Bitcoin so that people are not deceived by banking systems and governments that always create economic crises and artificially create inflation, print fiat money that makes a person only poorer.  Until recently, bitcoin was supposed to belong only to people and each user could be anonymous, but today the situation is changing rapidly. States are very comfortable with fiat currencies and they do not need to participate in the creation of cryptocurrencies.  But the world has already developed a tendency to use cryptocurrency, and therefore many countries are beginning to follow this trend.
sr. member
Activity: 1246
Merit: 356
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

If this is true then do you think of which country will do that? I don't see it was the US as Donal Trump is against it and i don't think it was Japan too because even they already treated Bitcoin as currency for their direct spending but they never claim it even Nakamoto was a Japanese name.
Yes you're right. I don't believe that governments is the creator of Bitcoin. I would rather say it was created by a very intelligent person who is commonly doing the trade of fiat currency at first, buying and selling fiat. And then the idea came to his mind what if he makes his own currency that is built for trading and that's what we called Satoshi Nakamoto. That is only my opinion, what do you think?
hero member
Activity: 1540
Merit: 508
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Are you kidding? or are you taking drugs? If Bitcoin was created by the Government, bitcoin wouldn't be here anymore because Governments are all corrupts, they will just probably steal people's money if they are the one who created Bitcoin, they will take the advantages of it to gain benefits, that is why I'm glad bitcoin have a decentralized network, so the government can't lay their hands on it even though they want it so bad.

And also other countries wouldn't banned it if they are the ones who created it, don't you think? this question doesn't make any sense at all.
Another reason for determining that bitcoin was not created by the government, as many people know, the bitcoin system can move a lot of money in a short time, even creating a chaos in the market if bitcoin has enough capital to move into it, if one government can create bitcoin, they will certainly use this tool to destroy the economies of other countries. But fortunately, I did not see any country strongly affected by bitcoin, most governments are serious about managing and propagating people in limiting or using bitcoin when they claim not to create bitcoin.
full member
Activity: 732
Merit: 109
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

I think, no, the algo for Bitcoin was stealed from some banks... I think Russia was clear agains bitcoin also for a while...
If BTC would be a coin with a state or government behind, then it won't be attacked economically as strange as it can be detected:



I'm betting you're right. Altcoins I'm watching are showing lots of strength against BTC. Ethereum is looking especially strong.

Alt-BTC pairs have probably already completed the earliest phases of a Wyckoff accumulation schematic. Now we're looking for a "sign of strength" to indicate a new uptrend. Something along the lines of what we saw in the first 2 weeks of January in 2017:



Many thanks. You think a similarity (in technical viewpoint) as I see (from my fundamental viewpoint) with early 2017...... Here is the diagram:



1. accumulation phase, to have i.e. BTC's to "drop" or "invest" later...
2. the "attack". a try to break the dominance of BTC agains other crypto's (three main competitors at THAT time: USD, ETH, XRP ... I don't write for Tether: USDT, because the truth is USD with the FED of the USA)

We have 5 weeks or 7 weeks before ETH breaks the dominance of BTC? We are ahead of an interesting time I think. Be strong. Hold your coins Grin

hero member
Activity: 616
Merit: 502
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Are you kidding? or are you taking drugs? If Bitcoin was created by the Government, bitcoin wouldn't be here anymore because Governments are all corrupts, they will just probably steal people's money if they are the one who created Bitcoin, they will take the advantages of it to gain benefits, that is why I'm glad bitcoin have a decentralized network, so the government can't lay their hands on it even though they want it so bad.

And also other countries wouldn't banned it if they are the ones who created it, don't you think? this question doesn't make any sense at all.
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