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Topic: is it possible that the bitcoin was created by governments? - page 8. (Read 22640 times)

sr. member
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Not agree,It was just creation of Satoshi Nakamoto which came in existence in 2008. Government can bring own coin,Like china and uae government resolution to bring own digital coin to make possible for those who want to trade or make transaction with digital currency.

People mentality change and the technology also changed,Every customer want to save his or her time and want quick and secure transactions,While traditional banking system have lot of paper work so this is reason people switch to the digital currency.
hero member
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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?

I don't want to think as conspiracy theorists. If government was the creator of bitcoin, then why would they oppose it decentralization?.
Government would do everything within their power to promote it a acceptance,  without placing sanctions on some activities that concerns crypto.


That is the one really opposing the government's way.

I mean they love controlling almost everything in their country, they don't want anything they can't control that is why they hate Bitcoin amd other cryptocurrencies. If they made Bitcoin, a country should own it and now should develop it to make their country rich. They will not accept other countries owning it or taking advantage of it.
hero member
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Is there any details of this conspiracy theory..?
The only question I got after reading is that Why..? Why will any government would want to create something decentralized which cannot be controlled by them.? Governments are not ready to implement, why will they create bitcoin..?
legendary
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Since the creator of bitcoin is unknown there is a speculation that the bitcoin market is created by some government who wants to devalue the US dollar.
There is very less possibility that a government is bitcoin creator. Personally I don't wanna believe it although still it's a mystery. A government couldn't benefited from it if they create bitcoin. Because it's a decentralized currency and no pre-mined. Government unable to control it somehow and there is no way to raise fund from worldwide since they have to mine. Anyone is free to do mining if they want. So I am not aware how a government would beneficiary. But black money holders would beneficiary of bitcoin since they could hide it from government and that's why almost worldwide government don't like this decentralized ecosystem. To be honest I think even bitcoin creator didn't expected that his coin will popular like this and it will create a financial revolution but it has been happening. Still I believe bitcoin has been created by a person or a group but not by any government.
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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?

I don't want to think as conspiracy theorists. If government was the creator of bitcoin, then why would they oppose it decentralization?.
Government would do everything within their power to promote it a acceptance,  without placing sanctions on some activities that concerns crypto.

even the government won't benefit anything from creating decentralized currency like bitcoin and using it to gain financial strength is doesn't make sense at the slightest. The reality is that now governments are trying hard to regulate it through controlling many third party services that are centralized. If the coin was truly created by government they won't waste that much effort just to enforce a regulation that's not guaranteed to be effective.
full member
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Maybe, or maybe not Wink I don't think any government however would create a decentralized coin which can harm their authority to control on funds and monitoring them lol. Probably it's some good-wisher agency if it's not a person Smiley
full member
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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?

I don't want to think as conspiracy theorists. If government was the creator of bitcoin, then why would they oppose it decentralization?.
Government would do everything within their power to promote it a acceptance,  without placing sanctions on some activities that concerns crypto.
legendary
Activity: 2534
Merit: 1338
Since the creator of bitcoin is unknown there is a speculation that the bitcoin market is created by some government who wants to devalue the US dollar, you do not need a government to control these things in the beginning even if you go by that theory  Tongue. There are many conspiracy theories like that and the reason we see all these conspiracy is because the identity of the creator in unknown and no one came forward with solid proof.
That theory doesn't make a lot of sense either, I do not see the point of creating an exotic kind of currency to try to weaken the US dollar when the US government is doing such a good job already, and this is even more true when we take into account the characteristics of bitcoin that make it impossible to regulate and that could very easily get out of control of those that supposedly created it, so the most likely scenario is that bitcoin was created by a person outside of the governments.
sr. member
Activity: 756
Merit: 268
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Since it is just a theory, we cannot really be certain about it. We should look at every angle on how can it be possible that it was the government that created bitcoin. Knowing that bitcoin is a decentralize currency in nature, it can already be a solid proof that it is not created by them. Also, bitcoin is a very complicated currency which means for you to be able to create such thing, the greatesy knowledge and skills is required and I can't see anyone in the government as great as that.
sr. member
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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?

According to my instinct theory, Bitcoin was never created and could have never created by such lowly creatures that are selfish, jerks, stupid, corrupt, and greedy group of people, but if it was, Bitcoin would have never be this way for almost 10 years, if that make sense.

I'll be forever grateful and thankful for Satoshi Nakamoto making such an epic invention that is untouchable by the Government.
sr. member
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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 conspiracy theory are you pointing out? People who know bitcoin know that it is Satoshi Nakamoto who invented bitcoin but as to his personal identity, it is still unclear until now if he is a real person or just a pseudonym which is a person behind famous digital currency called bitcoin. If it is to strengthen financial aspect of the modern world, I doubt it because until now banks and governments are still against wide adoption of bitcoin. just my opinion.
Not conspiracy with bitcoin and no one can't take manager and control with bitcoin price, government have big power but can't control how bitcoin price at the future, they only can get access for legal or illegal bitcoin as transaction or investment assets, but government never have power how to make bitcoin have price based on their mind and take bitcoin to lower price.
sr. member
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Governments like to own absolute control especially when it comes to financial matters like this. Bitcoin was not created by the governments because the governments would have controlled its transactions till date. Bitcoin is absolutely decentralized and still the creator's identity remains anonymous.

In the first place, there's no strong evidence or claims that could support the argument of the OP, in addition, why do banks and government becomes alarmed through the development of cryptocurrency. One fact about it is when I opened a bank account and some clerks are asking if my money is from cryptocurrency. In that scenario, I can say they have some fishy thoughts about crypto and it proves why government isn't the one behind the creation of cryptocurrency.
sr. member
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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?

in my opinion satoshi nakamoto is not a government. because the concept of decentralized bitcoin is very much at odds with governments that tend to be authoritarian. maybe he is an individual, group or company. who felt depressed during the global economic crisis in 2008. Then they looked for solutions and finally Bitcoin came out. in my opinion what is more important is that bitcoin has provided new breakthroughs in the financial system and technology.
It is impossible that the creator of bitcoin is from the government.
If it is owned by the government, then they will actually use and develop it in the very first place.
Bitcoin has been recently known in the whole world, and that is the time when the government heard about it.
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Governments like to own absolute control especially when it comes to financial matters like this. Bitcoin was not created by the governments because the governments would have controlled its transactions till date. Bitcoin is absolutely decentralized and still the creator's identity remains anonymous.
sr. member
Activity: 938
Merit: 250
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

in my opinion satoshi nakamoto is not a government. because the concept of decentralized bitcoin is very much at odds with governments that tend to be authoritarian. maybe he is an individual, group or company. who felt depressed during the global economic crisis in 2008. Then they looked for solutions and finally Bitcoin came out. in my opinion what is more important is that bitcoin has provided new breakthroughs in the financial system and technology.
sr. member
Activity: 882
Merit: 258
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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?
Is it impossible that bitcoin was created by the government because if they created it then they have rhe power to capture those criminals and solve the crimes in the crypto community, and also if the government created the bitcoin then they probably accept bitcoin in their country because they are the one who develops of it. So I probably disagree with you.
hero member
Activity: 1106
Merit: 506
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

I never thought that bitcoin was made by the government. if if the one who created bitcoin was the government, maybe the government would make bitcoin centralized, they could regulate and have the right to apply certain rules that were beneficial to the government. but we know that bitcoin remains decentralized, the government does not have the authority to regulate it. If you say this by saying conspiracy theories, you should write in detail here, what conspiracy theories do you know. that way, you can be sure that your opinion is very reasonable. I've heard the news, the government says that bitcoin is bad. if it was the government that created bitcoin, I don't think the government would say that. it doesn't make sense for someone to create something, but he doesn't want to support it.
sr. member
Activity: 1274
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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?
What theory are you talking about? Do you mind sharing some references to your claims though i have also thought of this idea myself i have not found any evidence to buttress this point. maybe you can help us with any solid information that you may have in making such claims because this rumour has been in the minds of people for sometime now. hopefully you can help clear the air.
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Everything is possible, of course, but I frankly believe that it is not true: governments tend to be violent and abusive, but they do not usually have the intelligence and foresight necessary to propose something truly innovative.
Indeed, as shown, he does everything he can to fight it.
legendary
Activity: 2282
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What conspiracy theory you've got and what conspiracy theory did you watch or read? There would be no percentage that the government creates the bitcoin, why? First one is simply because if the government creates the bitcoin then the government must govern the cryptocurrency and also they accepts crypto in their countries. They will legalized crypto in many aspects but no, they not legalized it. Second is we already know that the one who made bitcoin is Satoshi Nakamoto.
Since the creator of bitcoin is unknown there is a speculation that the bitcoin market is created by some government who wants to devalue the US dollar, you do not need a government to control these things in the beginning even if you go by that theory  Tongue. There are many conspiracy theories like that and the reason we see all these conspiracy is because the identity of the creator in unknown and no one came forward with solid proof.
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