is it possible that the bitcoin was created by governments? - page 16.

andika2018

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Quote from: akram143 on March 07, 2019, 05:45:59 PM

Quote from: shayanescooter on February 12, 2019, 04:31:25 PM

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Bitcoin will not be created by the government because it has a lots of opposition why the government in most of the time but there is a possibility of taking care of Bitcoin by the government and it will be more useful to develop it very easily and takes the advantage to accept the people without any doubt.

I am agree, i dont think bitcoin created by government. Government prefer using their own fiat money and if bitcoin success adopted, it will disrupting paper money and thats why bitcoin not created by government

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Quote from: Polar91 on March 07, 2019, 07:40:23 AM

Quote from: shayanescooter on February 12, 2019, 04:31:25 PM

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

I don't think they will create something that will make issues in banks. We can see that governments are still studying it in order to be legalized. Also, the way Bitcoin's Blockchain works is very different compare to the banking system that we have now.

Agreed, along with the same if it is being developed by governments surely it'll be under some central control. From the beginning itself this could've never been developed in a decentralized way. This will always gets served as a unknown mystery which gets revealed only if Satoshi comes to light.

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Quote from: shayanescooter on February 12, 2019, 04:31:25 PM

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Bitcoin will not be created by the government because it has a lots of opposition why the government in most of the time but there is a possibility of taking care of Bitcoin by the government and it will be more useful to develop it very easily and takes the advantage to accept the people without any doubt.

posi

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Quote from: Wilhelm on March 07, 2019, 07:30:04 AM

If the governments did this they sure didn't think it through.
And if it is true why aren't they the major asset holder at the moment?

Good question you ask there and we both know that the governments wont create a currency which will compete with their national currencies. In fact, I wonder why some people believed the governments are behind bitcoin creation while all they ever wanted is bitcoin to bitcoin failed.

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Quote from: shayanescooter on February 12, 2019, 04:31:25 PM

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

I don't think they will create something that will make issues in banks. We can see that governments are still studying it in order to be legalized. Also, the way Bitcoin's Blockchain works is very different compare to the banking system that we have now.

Wilhelm

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If the governments did this they sure didn't think it through.
And if it is true why aren't they the major asset holder at the moment?

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There is no evidence and strong reason if the government creates Bitcoin. Many countries do not support the full existence of this digital currency technology, meaning they assume that cryptocurrency has the potential to endanger their economies, so is it possible for the government to create something that they think can endanger them.

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At this point it's irrelevant whether Bitcoin was created by a government or by an individual, or by a group of people since it's an open-source software and there are no backdoors there. What matters is how many people are using it and what team is behind it right now.

I personally don't think that Bitcoin was created by governments because they would definitely show more support for it, if that was the case.

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Quote from: harapan on March 06, 2019, 09:21:45 AM

the question that often arises in my mind, I also had time to think that. and if indeed a bitcoin is created by a country, which country do you think might be the creator of bitcoin?

I have no country on my mind on where bitcoin originated. And your question is just a re-phrase of OP's question so there's no difference at all. Thinking that Satoshi Nakamoto is a Japanese name, it isn't enough to say that it originated on Japan because someone who's living online can create his name base on other's nationality names. There's no assurance and validation that SN is a male or a female and even living on Japan or a Japanese citizen but we are sure that it's a pseudonym to hide his real identity.

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Quote from: loopes on March 07, 2019, 02:31:31 AM

Quote from: shayanescooter on February 12, 2019, 04:31:25 PM

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Many people said that bitcoin was created by FBI, Government of a Country and etc. But for me it is clear that bitcoin was created by Sathosi nakamoto which many people agree avout it. The power of country's money is influenced by the strength of its millitary, economy, and etc. So it is impossible if bitcoin created by strong country like USA, JAPAN or RUSSIA.

I don't think anyone knows for sure about the makers of bitcoin. but at present bitcoin is there to provide alternative payment in a decentralized manner, and offers several benefits when using it

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it could be if the government owns a team, or pays a team to make a new coin and listing it to the market exchanger as soon as possible.

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Quote from: shayanescooter on February 12, 2019, 04:31:25 PM

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Many people said that bitcoin was created by FBI, Government of a Country and etc. But for me it is clear that bitcoin was created by Sathosi nakamoto which many people agree avout it. The power of country's money is influenced by the strength of its millitary, economy, and etc. So it is impossible if bitcoin created by strong country like USA, JAPAN or RUSSIA.

avarnet

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not. bitcoin is made by individuals or individuals and the government has no interference in the formation of bitcoin, because if the government exists then the bitcoin will certainly be fast and widely legalized by countries in this world

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of course very possible, why? a lot of things have actually stuck to my thinking since I joined the crypto currency trading until now.

I never knew about the identity and truth of the Bitcoin pioneer (Satoshi Nakamoto) who ever tracked his life record?
can Satoshi Nakamoto be a character made by the Japanese government?

I only give a possibility and thought that I have, please correct it if my thoughts are too negative.

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Quote from: ringgo96 on February 28, 2019, 08:02:25 PM

Who's satoshi nakamoto is still a mystery and whether he is from the government or indeed he himself is also a mystery but I am sure he is not alone in developing blockchain technology today

This is a collective ideas I think, and without great IT on their team for sure we are still suffering from a poor financial system. Government will not create this kind of technology, they are corrupt and they will not allow this kind of technology to ruin their business, well Satoshi Nakamoto is still an speculation to everyone.

harapan

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the question that often arises in my mind, I also had time to think that. and if indeed a bitcoin is created by a country, which country do you think might be the creator of bitcoin?

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I don't think so, if bitcoin is created by the government then of course the government is not against bitcoin. Fiat created by the government, not bitcoin.

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Quote from: finaleshot2016 on March 02, 2019, 06:57:10 PM

No actually, some of the governments hated it 'cause it really affects their economy so they implemented a lot of complicated rules when having a transaction in cryptocurrency. I also doubt it, It's clearly impossible for them to create a wonderful masterpiece that changed our life and we know that government official just wanted power. There are so many benefits that helped me in my life, I don't think the government will create an overflowing benefits to the people 'cause if that happens, they will ignore the government.

Decentralization is not a good thing in the government so it's a no.

I agree with you, that decentralization is not a good thing for the government as bitcoin can removed their power to the financial status of an individual. They can't control it that's why they implement regulations in order to approve and monitor the usage of cryptocurrency in their country.

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Quote from: shayanescooter on February 12, 2019, 04:31:25 PM

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Well, I've not come across this conspiracy theory before and besides, no one knows the true identity of Satoshi Nakamoto. It could be a single person or a group of people. On a more serious note, cryptocurrency or Bitcoin has not been in good terms with most of the governments because it is decentralized. The governments do not have absolute control over Bitcoin so how do they derive the strength from it?

finaleshot2016

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No actually, some of the governments hated it 'cause it really affects their economy so they implemented a lot of complicated rules when having a transaction in cryptocurrency. I also doubt it, It's clearly impossible for them to create a wonderful masterpiece that changed our life and we know that government official just wanted power. There are so many benefits that helped me in my life, I don't think the government will create an overflowing benefits to the people 'cause if that happens, they will ignore the government.

Decentralization is not a good thing in the government so it's a no.

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