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Topic: is it possible that the bitcoin was created by governments? - page 18. (Read 22640 times)

sr. member
Activity: 1071
Merit: 253
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
it is possible that a bitcoin or crypto currency can be made by the government but what in my country is possible while the government prohibits transactions directly with bitcoin or other crypto currencies
I am not happy and your country is good for not making crypto currency by government as we know crypto currency works and grows independently so if government will get involve in to it then price will not rise as it is rising now a day, other thing is volatility so it will be hard to fix price and supply will remain limited so I am happy that crypto currency is anonymous and it is not allotted by government.
sr. member
Activity: 1246
Merit: 261
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I don't see any reason that bitcoin was created by government, all of the feature that bitcoin got are contrasts with the regulation, and if being overused, crypto could make the economic inflation become worse, so I dont think the government want to create a currency that has the chance to jeopardise the country's economic


Lets strongly discuss or share something necessary. Kindly avoid such questions. What do you expect from bitcoin if the government has fond it. We have multiple-ways to earn crypto currencies. I don't think bitcoin would have grown to such level if any government has either found it or invented it. Thanks to Satoshi for founding Mother of crypto currencies.
full member
Activity: 966
Merit: 153
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
it is possible that a bitcoin or crypto currency can be made by the government but what in my country is possible while the government prohibits transactions directly with bitcoin or other crypto currencies
The government has no link or connection with Bitcoin creation or evolution. If they had done,  there would have been massive adoption and Bitcoin would have been given due recognition worldwide. Also a lot of top companies and top  e-commerce sites would have been accepting it.
The government hates what they can't control and certainly Bitcoin is one of it.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
Impossible! The use case of the first cryptocurrency which is BTC the ability to transfer value over the internet without the likes of CitiBank. It could be rated good however, I think it's counter to banks.
sr. member
Activity: 750
Merit: 252
That theory is much closer to me than one where Sathoshi created bitcoin. I don't see the reason for anonymity, no one that have made some breakthrough in the history wasn't hiding. And we can only speculate about real reason for creation, if the government really is behind it. Long term plans, three steps ahead as always... The history will tell...
sr. member
Activity: 798
Merit: 250
Governments haven't any interest to create Bitcoin or the similar decentralized cryptocurrencies. Governments focus only on supporting their fiat and local currencies, and banking centralized systems, and they are actually fighting Bitcoin and cryptocurrencies in many ways.
jr. member
Activity: 73
Merit: 1
such an iddaa for America was put forward. but I don't think that makes too much sense.  If we examine the technology of bitcoin, it is a revolution that these states must fear.  if bitcoin wasn't limited to just 21 million, maybe I would think so Smiley
sr. member
Activity: 489
Merit: 250
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
It is not  possible for the government to create bitcoin because if they are the one who created it there should be no countries who banned bitcoin on the first place. Government will also never think to create their own cryptocurrency because they will only prioritize fiat currency over bitcoin.
sr. member
Activity: 756
Merit: 250
it will not be possible because the government did not interfere with the establishment of bitcoin, and if the government is certain that bitcoin will be quickly legalized by countries in the world
copper member
Activity: 346
Merit: 100
bitcoin During this time there was still an acceleration among the people, and became a hot topic for digital world news, until now no one can open the identity of the Bitcoin sathosi nakamoto creator whether individually or in groups, but digitally global Bitcoin has contributed to creating growth in several digital sectors And it provides many benefits for blockchain technology, which many companies are now adopting blockchain technology for their corporate databases.
member
Activity: 602
Merit: 54
I do not think that BTC was created by governments. Why would they create decentralised internet of money? They (governments) will probably try to control market, just like everything other which could be potential threat to their authority.
sr. member
Activity: 1372
Merit: 275
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
it is possible that a bitcoin or crypto currency can be made by the government but what in my country is possible while the government prohibits transactions directly with bitcoin or other crypto currencies
hero member
Activity: 1190
Merit: 541
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
There is nothing no conspiracy theory of any such that would make government have a hand in the creation of bitcoin.
Any individual who has known about bitcoin and different altcoins has most likely additionally heard that decentralization is the thing that makes these crypto resources significant.

With nobody in charge, these frameworks can work in a permission-less way. What does decentralization truly mean with regards to bitcoin ? What do financial specialists need to think about the estimation of decentralization.
hero member
Activity: 1302
Merit: 503
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Where is the evidence about that conspiracy you say? It would be interesting if you can post evidence of your claims or else it would just be another waste of time and effort to follow you post.
- I think he does not have accurate evidence for his thoughts because until now, what we can see is the governments of the countries from the early stages, they always have objections and don't like bitcoin, very few countries support bitcoin because bitcoin always exist and operate out of the law, Bitcoin is the source to create chaos and social problems. However, although bitcoin has such problems, governments only ban it, they do not intend to destroy or make it disappear, it really is a very strange thing, and the problem he mentioned is also possible but things are still unclear and need more time to determine
full member
Activity: 1540
Merit: 219
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
I think its impossible for the government to create bitcoin or any cryptocurrency because they support fiat currency over bitcoin and there are government in other countries who banned bitcoin , so what will be the reason that the government have created bitcoin.
hero member
Activity: 1078
Merit: 501
We never knew before Satoshi Nakamoto appeared by itself, this is still anonymous.
Bitcoin remains a digital asset created by the blockchain and has its own advantages and disadvantages.
Well yes because we are not personally known to Satoshi infect we only have heard about it, the other thing is bitcoin is anonymous and no one actually know how bigger the price of bitcoin can rise and fall, so if government would made bitcoin they must fix some limits for its users and whole system must got disturb we won’t feel safe as we are now feel freedom for investing.
legendary
Activity: 1610
Merit: 1003
its possible, first  cryptocurrent from government. they use for bank transaction, etc but it doesnt work like now. than bitcoin created by s.n
i never think about theory or conspiracy. i think, this is good for future with transparance, all of them.
the point is, all theory is possible but still cant proof it. many government afraid on bitcoin, and when they want to accept it, regulatuin created by them. so you can think it clearly.
hero member
Activity: 896
Merit: 520
I think it is inconceivable in such a case that the administration was made bitcoin it will end up brought together and furthermore it won't prohibited to different nations government. The main thing we don't generally know whether Satoshi the creator of bitcoin is an individual or gathering of individuals. Possibly they shroud their personality for security reason. Additionally to give individuals a chance to concentrate on bitcoin or in the items than to know them and turn the fame of bitcoin to the individuals who made.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
No. I don't think that bitcoin was created by the government because if bitcoin was created by the government there will be no countries will banned bitcoin and thinking that it could be for the economy. Government will still support fiat currency instead of bitcoin, so there are no chance that bitcoin was created by the government.
hero member
Activity: 2268
Merit: 789
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Interesting question since the mystery behind the pseudonym of 'Satoshi Nakamoto' (the person who created the existence of bitcoins) is still at large- no one knows who he really is or if he even existed. He might be an organization, the government, a group of people, or an individual who hides his existence for security reasons. Going back, I doubt that the government is behind the creation of a revolutionary payment method since they are the ones who are against it, as they implement laws that prohibit the usage of such.

There are people who believe that. Every now and then I'd see threads about it here in the forum. Most people believe though that it's not. Though gov't can track transactions we can't really say they have a way of controlling the flow unless they outright ban miners. They do want increased regulation over it.

I'm discounting the possibility that it WAS a gov't experiment though, like how the internet was created by the military. Sometimes creations do take a life of their own.

 

Well regardless on who created bitcoin, we cannot deny the fact that it revolutionized digital transactions and gave possibility of unlimited potential when it comes to security of payments and investment alternative.
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