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Topic: is it possible that the bitcoin was created by governments? - page 7. (Read 22640 times)

sr. member
Activity: 910
Merit: 255
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
To be honest, it does not make so much sense for me. i don't think it is possible. Of course the identity of Satoshi is unknown and it is probably going to be unknown forever. But i do not believe that any government would like to create such a think that threaten their traditional financial system.
sr. member
Activity: 854
Merit: 253
l0tt0.com
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
I see no rationality in this conspiracy theory. If the government creates it, why are there so many governments around the world banning people from trading crypto? You should know that cryptocurrencies are created to completely oppose government control. If the government creates cryptocurrencies and blockchain themselves, it is like destroying their own political and economic systems. In fact, cryptocurrencies are created with the wish that we will be able to trade freely, quickly and without being controlled by any government or organization. That is also the reason why more and more criminals are increasing.
full member
Activity: 1736
Merit: 116
It is very unlikely that the bitcoin conspiracy theory was actually created by the government, because it was created from the beginning
bitcoin very contrary to the wishes of the government and the bank. So in my opinion satoshi nakamoto who until now his identity is still
being mystery is not a government person in my opinion. So it is not possible bitcoin was created by the government, especially until now
the government does not yet support bitcoin.
sr. member
Activity: 364
Merit: 254
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I've wondered about this myself.  It is possible since we don't know who created Bitcoin that is could be the work of a government.  More than likely it is not, but it is more likely that some altcoins are secretly government cryptocurrencies.
sr. member
Activity: 1313
Merit: 278
It depends on what is meant by this definition.
After all, Bitcoin could be created by technicians and programmers working for the state, does this mean that the state created bitcoin, I do not think.
All the same, the technology is too anti-state, to some extent, to think so.
full member
Activity: 2142
Merit: 183
Maybe anything, but I will never believe that governments created bitcoin. I see neither sense nor logic in this. Why should governments create very big problems for themselves in order to then think about how to overcome them. The creation of a decentralized cryptocurrency is completely contrary to the tasks and functions of governments.
sr. member
Activity: 750
Merit: 252
Bitcoin plays against all government conspiracy theories. in the other case Bitcoin would be profitable to the government, but as I see for now it is not. But some of countries try to turn bitcoin on their side, just like China does and I think it's a pretty smart way to cooperate with your actual enemy.
hero member
Activity: 2352
Merit: 905
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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?

To be honest, I really doubt that the goverments are somehow involved in the creation of bitcoin. This can be seen in their behavior when Bitcoin first appeared, and in their behavior at the present time. However, I believe that at present, states are very closely watching bitcoin and are trying to get something from themselves.
I think at first we have to realize that when something similar is happening, governments are doing their best to hide and make you think the wrong way, I amn't talking directly on bitcoin but in overall, no one can give you exact answer on bitcoin's case. One can say valid arguments around the task that bitcoin is created by governments and opposite.
Personally I think that it's unlikely to be created by government because there are very smart people among us who want freedom and they create this freedom, for example let's take creator of Tor and other privacy options, bitcoin is part of that too. I wouldn't say that governments are against all of this, no, it's even beneficial for them at some point, otherwise they would ban all kind of encryption with reason that it's not safe for your life and etc. Why it's beneficial? Because they make money in this process too.
legendary
Activity: 2912
Merit: 1068
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Just another conspiracy theory, nothing more. I don't think this has anything to do with reality. And which government in.which country exactly has created Bitcoin if that was true? Also, if that was true Bitcoin wouldn't be decentralized and independent so Bitcoin would have totaly different status.
newbie
Activity: 32
Merit: 0
without BTC and decentralize currencies, the government will just be doing fine and will enjoy the control to its people. there is no need for them to create troubles to themselves by having currencies they have no control over it. it would only make them look stupid if they are the ones who released blockchain as opensource while they now struggle to beat the cryptocurrencies because it created a new market.

Well your logic is totally right from our point of view.
But Imagine if govs actually made Btc and faking decentralization and controlling cryptocurrencies somehow even now.
I highly doubt it, but it can be true though.
legendary
Activity: 3178
Merit: 1054
 

without BTC and decentralize currencies, the government will just be doing fine and will enjoy the control to its people. there is no need for them to create troubles to themselves by having currencies they have no control over it. it would only make them look stupid if they are the ones who released blockchain as opensource while they now struggle to beat the cryptocurrencies because it created a new market.
hero member
Activity: 2156
Merit: 575

 This was a discussion at a bitcoin conference I went to very recently in my country and honestly we all doubted it could have been true. Not like its impossible but at the same time it sounded too "tin foil hat" type of thing to be real. Its the same thing as "maybe aliens are true but they don't let us know", technically speaking thats "possible" as well but most of us don't believe that at all and I suppose we won't believe that until proven otherwise, this is about the same idea as well, we won't believe governments created bitcoin until we are proven otherwise, there are too many examples of governments trying to figure out what bitcoin is and thats not something they would do if they created it or they are very good actors Cheesy
full member
Activity: 1330
Merit: 100
C O M B O
If a load of the Internet is removed, bitcoin will disappear. However, in this case, the whole banking and financial sector will collapse. As a result, it is not possible to ban bitcoin. Bitcoin will continue as long as people are interested.
it all depends on the internet, cryptocurrency will not be useful without the internet, and this year also reportedly there are already several countries that will make cryptocurrency, it seems to be more attractive  Grin
member
Activity: 476
Merit: 88
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Technically it could be possible, that some of the cryptocurrencies could have been created for the purpose of black budgets of secret services.

If anyone is not familiar with that term - the "black budget" is unofficial budget os such services used for activities which are illegal or morally questionable and as such cannot be put in the official records (like bribery, arming insurgent groups during a civil war).

In this case, cryptocurrencies could be easier in use and transportation than banknotes.

Of course, this is just a conspiracy theory...
sr. member
Activity: 2030
Merit: 269
If a load of the Internet is removed, bitcoin will disappear. However, in this case, the whole banking and financial sector will collapse. As a result, it is not possible to ban bitcoin. Bitcoin will continue as long as people are interested.

What are the causes for the internet to ceases to exist, they can restrict the internet but they cannot cease it to exist it's an integral part of the modern world, internet and Cryptocurrency will continue to exist as long as the modern like we have right now exist, and interest on Cryptocurrency is growing too.
full member
Activity: 686
Merit: 101
If a load of the Internet is removed, bitcoin will disappear. However, in this case, the whole banking and financial sector will collapse. As a result, it is not possible to ban bitcoin. Bitcoin will continue as long as people are interested.
newbie
Activity: 21
Merit: 0
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

To be honest, I really doubt that the goverments are somehow involved in the creation of bitcoin. This can be seen in their behavior when Bitcoin first appeared, and in their behavior at the present time. However, I believe that at present, states are very closely watching bitcoin and are trying to get something from themselves.
full member
Activity: 1442
Merit: 153
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No one has idea on who satoshi really is. And it's likely that we can speculate that bitcoin is a secret government project and satoshi is part of a government agency that creates experiments like this. The result of their experiment was successful, look at bitcoin now.

If it's a government project and they want to gain financial strength in the modern world which bitcoin has implemented about decentralization, they are contradicting what the gov't wants. Looking at the current situation, few of them are against to bitcoin but some gov't are starting to embrace it.
We already know that behind all of this, behind this bitcoin community is Satoshi. He created this to help many people and to give people an opportunity to earn some money through this. I think that this is not created by government because if that is true, bitcoin is very easy to use, to transact and to withdraw money. This is decentralized and being decentralized means it is sepparated in the government.
member
Activity: 585
Merit: 33
Rasputin Party Mansion
There is always someone who comes out with such ideas.
Let's say that if a government had really wanted to create something like this, it would certainly have produced something simpler to use, and would not have made such a violent counter-campaign.
But, of course, everything is possible.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
It is impossible for bitcoin to be created by the government because it is against to their law. If the government will ever be creating a cryptocurrency then it would not be a decentralized type of currency because they will not be able to control it or even monitor the flow of its transaction. Bitcoin is created by a person who is sick to the centralization of the monetary system and he is called satoshi nakamoto.
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