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Topic: is it possible that the bitcoin was created by governments? - page 4. (Read 22640 times)

member
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Merit: 13
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Talks about currency, Only Governments can actually created a currency. No one can create currency except for the government and base on my understanding bitcoin was created by government there some point that we ask Who's government create bitcoin.
full member
Activity: 385
Merit: 100
I guess that times like this now are ideal for different speculation and conspiracy theories. Howe, I've heard so many different theories about Bitcoin creation and who the Satoshi was but that some government is standing behind that is rather unusual.
If that was true don't you think that the path of Bitcoin would have been completely different, probably it would have been institutionized from the begininig, regulated and in service of government benefit.
I would rather believe that satoshi is a craig damn wright than one of the existed govs.
It is possible that satoshi was involved in some top secret development and saw blockchain idea there and brought it up for everyone out there.
member
Activity: 534
Merit: 19
It is quite possible but knowing that cryptocurrency are banned in some countries, it might also not. Cryptocurrency as we all know is a work of Mr. Satoshi and no one ever knows who really he/she is.
full member
Activity: 734
Merit: 109
Remember, what I posted.... It starts to be very interesting...
https://bitcointalksearch.org/topic/m.54327283

and two scam accusation thread
https://bitcointalksearch.org/topic/iota-on-the-market-a-testcoin-a-scam-and-only-a-fork-of-the-true-iota-net-5173154
https://bitcointalksearch.org/topic/iota-snake-oil-insecurity-with-a-centralized-kill-switch-to-shut-off-your-money-5227016

I can't answer this question about Bitcoin, but IOTA is supported well through some governments, and has a BIG RED BUTTON as a legal tool...
Maybe it is off topic, but I think, it is still interesting here in this thread also... Maybe you can learn, study, ... from the fall of IOTA also.

FYI
https://bitcointalksearch.org/topic/m.53985191
legendary
Activity: 2912
Merit: 1068
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I guess that times like this now are ideal for different speculation and conspiracy theories. Howe, I've heard so many different theories about Bitcoin creation and who the Satoshi was but that some government is standing behind that is rather unusual.
If that was true don't you think that the path of Bitcoin would have been completely different, probably it would have been institutionized from the begininig, regulated and in service of government benefit.
member
Activity: 1120
Merit: 68
I don't think that the government have created bitcoin because i guess they don't have time for that and bitcoin is decentralized, so why would the government would create a currency that they couldn't even control. I also don't think they have their own reasons if the government are really the one's who have created bitcoin in the first place, so it is really impossible for the government to create one.
hero member
Activity: 2114
Merit: 603
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

And they did it by banning it all over the Asian countries and some European countries ? I'm sure there is no such conspiracy theory. In fact I'm not sure how this topic even come up here middle of no where when bitcoin has passed out its glorious 10 years.  Cheesy

May be you took a wrong turn and stuck into entangled theory of government.

There is paper published by Satoshi Nakomoto. May be I don't need to explain anything more about it.
newbie
Activity: 32
Merit: 0
I dont really think so, if some government where behind the creation of Bitcoin and Cryptocurrency then they would lose all control with their citizens tax collections and unable to make revenue and even damaging their own local banks investment program and monetary system thus ruining their Economy.
at this point we don't know for sure, but we assume that darknet was a govs project back in the days
it could be possible that crypto is one of their projects that got out of hand too
sr. member
Activity: 1050
Merit: 250
bitcoin economic model with government economic model totally different . first point on supply, we know bitcoin have limited supply on 21million , not more not less, meanwhile government could printing how much money as they want. look at US decision to give stimulus due covid19 pandemic, they printed unlimited money, meanwhil bitcoin still on 21millions. by this point i am sure and confidence goverment has no rule on bitcoin creating.
copper member
Activity: 262
Merit: 1
I don't deem the control bent a bitcoin as the gov't against bitcoin. If it's a management plan ahead and they intend to secure economic strong suit in the current humanity which bitcoin has implemented about decentralization, they are contradicting pardon? the gov't wants. Looking at the tide situation, hardly any of them are against to bitcoin but approximately gov't are preliminary to involve it.

legendary
Activity: 2268
Merit: 1655
To the Moon
A conspiracy over another conspiracy lol. I admire you for having an imaginative mind but I disagree with you. The idea of 'government as the creator of bitcoin' makes no sense at all. Because if they really are then for sure bitcoin fall long time ago already. Since they use the pseudo name of Satoshi Nakamoto and allegedly got the largest number of bitcoin, they why they don't dump it once and for all so that the price will crash so bad and don't recover again? That's the best way of killing it I guess and yet they are not yet doing it until now Grin.

The fact that bitcoins are lying on the wallet all this time without movement, can only mean that the private keys are lost. We can put forward many theories about this, but I do not think that we will ever know the truth about the creation of bitcoin, which we will all be told first-hand.
hero member
Activity: 1666
Merit: 629
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Although I think that such a situation is unlikely, the said situation may have a reality share. Any state may have initiated such an attempt to reduce or eliminate the pressure of strong countries on the world economy because Bitcoin had entered our lives in 2008 to return and comment. So what happened in 2008? It was the 2008 economic crisis that we heard a lot and had serious effects. When I think of such details, the prediction you mentioned seems a little logical to me, but I would like to state that such a possibility is very low. No state wants its people to be completely free and independent of the state. For this reason, I also think that the prediction you shared cannot be true because when the people gain their economic freedom, they will not be dependent on the state and will not need the existence of the state. If we need to evaluate the incident from a broad perspective, we can say yes and no as an answer, but as I mentioned, we can see that from what perspective we look at the event, it makes sense in that direction. That is why I wanted to write 2 examples that came to my mind in the simplest way.
full member
Activity: 1232
Merit: 186
I dont really think so, if some government where behind the creation of Bitcoin and Cryptocurrency then they would lose all control with their citizens tax collections and unable to make revenue and even damaging their own local banks investment program and monetary system thus ruining their Economy.

You can consider the possibility that after the government created bitcoin, it lost control over it. And that is why now the government is trying to hinder the development of bitcoin, and in some cases even prohibit it. And so, as an alternative to bitcoin, the government is now working on creating a national digital currency.
A conspiracy over another conspiracy lol. I admire you for having an imaginative mind but I disagree with you. The idea of 'government as the creator of bitcoin' makes no sense at all. Because if they really are then for sure bitcoin fall long time ago already. Since they use the pseudo name of Satoshi Nakamoto and allegedly got the largest number of bitcoin, they why they don't dump it once and for all so that the price will crash so bad and don't recover again? That's the best way of killing it I guess and yet they are not yet doing it until now Grin.
legendary
Activity: 2268
Merit: 1655
To the Moon
I dont really think so, if some government where behind the creation of Bitcoin and Cryptocurrency then they would lose all control with their citizens tax collections and unable to make revenue and even damaging their own local banks investment program and monetary system thus ruining their Economy.

You can consider the possibility that after the government created bitcoin, it lost control over it. And that is why now the government is trying to hinder the development of bitcoin, and in some cases even prohibit it. And so, as an alternative to bitcoin, the government is now working on creating a national digital currency.
full member
Activity: 1190
Merit: 117
I disagree with conspiracy theory that bitcoin was created by the government, or in other words satoshi nakamoto is the government.
Because the government has never agreed to the presence of bitcoin, it is considered to threaten the existence of fiat. Bitcoin is
decentralized anyway which cannot be controlled by anyone. While the government really wants a currency that can be controlled such
as Fiat. From this view, bitcoin is always in opposition to the government. So it is clear that who creating bitcoin is not a government.
sr. member
Activity: 1204
Merit: 270
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You are right traders will suffer in every way But it is never possible that the government created Bitcoin The government can never make Bitcoin No one will support it. If the government insists on controlling Bitcoin it will take a long time If the government takes control no one will be able to work independently From now on the government will have to pay tax subsidy in which case crypto will lose its value and many will leave crypto Everyone will lose the ability to earn.
sr. member
Activity: 1400
Merit: 269
I dont really think so, if some government where behind the creation of Bitcoin and Cryptocurrency then they would lose all control with their citizens tax collections and unable to make revenue and even damaging their own local banks investment program and monetary system thus ruining their Economy.
jr. member
Activity: 116
Merit: 3
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world

Why would the Governments conspire to create a tool that is solely meant to be used against everything the Government stands for ?

My question is also because of this. Because there's no idea who Satoshi is, we can take the theory that maybe the governments have introduced bitcoin.

I'm not sure Bitcoin would have been this successful if Satoshi  happened to be known, and It would have been somewhat centralized if he were to be available, because he would be expected to call all the shots about what should or not be implemented on the network. I think it was a well thought idea and in the best interest of Bitcoin that should be anonymous.

1 thing is clear from beginning.its all about control.that theory witch government create crypto currencys to control next wave of technology and people still remains . how they control? they put a believe in your mind that you think you are not in control but they know what are they doing.
legendary
Activity: 2268
Merit: 1655
To the Moon
We could have many theories but we do know that governments do in fact conduct social experiments on a regular basis. We'll never know the goal or only be able to see the outcome once it's over.

In fact, I think it doesn't matter if bitcoin was created by a government, a group of people, or Satoshi Nakamoto. I like that bitcoin has appeared in my life and I can use it. And yet I believe that bitcoin was not created by a government or a group of people, but by Satoshi Nakamoto.

You say that it doesnt matter if bitcoin was create by govt or by satoshi itself but you did say in the end that you do believe that satoshi is the one who've made it.You're just twisting up your words to make your post more longer....

I do not consider my words contradictory and I can repeat: "I like that bitcoin has appeared in my life and I can use it". And I do believe that bitcoin was created by Satoshi Nakamoto, but I don't rule out that bitcoin was created by a government or a group of people. All these theories have a right to exist until proven otherwise.
sr. member
Activity: 2338
Merit: 365
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According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
which government? US, CHINA, UN OR OTHER...
the technology in Bitcoin will never occur to the government, which the government thinks is usually only tax  Cheesy, the one who created Bitcoin was Satoshi and this is have confirmed.
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