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Topic: The Chinese government could've created Bitcoin - page 3. (Read 471 times)

member
Activity: 210
Merit: 19
No one knows exactly where satoshi is actually from,its claimed it's Japan though,but there is no actual prove about that nor about the fact of him,she or they being an Asian,it could just be a pseudonym


I do not actually think the bitcoin was created as a substitute for the dollar,its simply was created to give individuals in a particular system control of it as opposed to fiat,thats why enthusiast and investors in here control the value and it's price.


America controls the flow of only the USD,they definitely do not control the flow of any sovereign nations currency


The European Union was created for national integration amongst European nations,and end incessant battles between them..


China really doesn't need to prove anything by creating a currency under disguise,they sure have the fastest growing economy,this shows their currency is one of the world's leading currencies

Come to think of it why create something and place a ban on it...
Satoshi created bitcoin,i think we should simply leave it at that

jr. member
Activity: 105
Merit: 4
It seems too legendary to be true. One Asian guy had enough foresight and technical capabilities to create the world's potential future universal currency?

Whoever created it had reason to replace with the dollar, as the dollar can almost be considered the world's universal fiat currency. My friend who works in Odessa works for a company who pays employees in dollars. Go to Africa and many countries will accept dollars. You cannot do this with Yuan, for example.

Whenever anyone pays in dollars they go through American banks, so America controls the flow of currency.

This is why the EU was created, to be able to compete with the dollar, as each individual country has a negligible GDP, except for maybe Germany.

If you want to rule the world, you create the next dollar, you create the most powerful currency.

Who else would have the motivation to play such a big role in the geopolitical game? China has good reason to democratize the financial playing field and will become the world's leader if the dollar becomes obsolete.

One man cannot create such a thing.
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