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Author Topic: Can Bitcoin be created by Russia or China?  (Read 5326 times)
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January 30, 2017, 07:08:27 AM
 #21

Both countries have some greedy shady characters. If I were to guess the country of origin of Bitcoin my best shot would be Canada. Because everyone loves Canada and Canada loves everyone  Cheesy

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January 30, 2017, 07:25:05 AM
 #22

If bitcoin was created by some nation then why they released the code of it publicly and made it decentralized?
This way their creation is out of their hands and they can't control it anymore.
Creation of something you can't control, use for your own good, exploit or sell doesn't have much sense.

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January 30, 2017, 07:37:58 AM
 #23

if by create you mean adding and building their personal famr, well it could be they have the money to build a massive farm and compete with regular miners

this is another dangerous way for the government in the future, to control bitcoin, via network

now that i'm thinking about it, the government might take its tax income via fee with its mining activity if they ever want to go with that route
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January 30, 2017, 07:52:05 AM
 #24

Can Russia or China done such a thing to erase the dominance of the dollar over the world?

Generally, there are always governments behind such technologies. For example, StuxNet

I guess so, they are one of the most powerful countries in the world and they are not even late with technology. They are also one of the most countries that can do whatever it takes to be dominant in everything. If they just want to create something new and with the same bitcoin technology, I know they can.



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January 30, 2017, 07:57:27 AM
 #25

No those 2 contries are non democratic ruled by tyrans. They can't create something possitive. They're more likely to ban bitcoin
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January 30, 2017, 08:06:36 AM
 #26

Can Russia or China done such a thing to erase the dominance of the dollar over the world?
Generally, there are always governments behind such technologies. For example, StuxNet

maybe they can some day, specially China with their large population and how they are all working hard making money and fucking the rest of the world's economy with their crappy products.

but I don't get how this is related to your subject about bitcoin.

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January 30, 2017, 08:12:53 AM
 #27

My best bet will be China because they have the human capital to demonstrate their might and strength to the rest of the world hence if the speculation about who created Bitcoin is to be determined between China and Russia my best bet will be China.

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January 30, 2017, 05:27:09 PM
 #28

I don't know if I am the one is wrong about on this question. Isn't the quoted statement in the above is misleading. I think there is no basis why ?Russia or China created bitcoin. this is not right topic in this thread. Or this might give others confusion about in bitcoin. we know bitcoin is anonymous and decentralized and very easy to set up.

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January 30, 2017, 06:59:19 PM
 #29

We all heard that Satoshi Nakamoto created bitcoin's model. But this person is mysterious, nobody saw him in face and he easily appear as some fake. So the question who exactly created bitcoin stays open till today.
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January 30, 2017, 07:07:32 PM
 #30

I don't beleive that these countries were part of Bitcoin creation? And what about Satoshi, hasn't he created it?  But no matter to that Bitcoin is not private property in general sense, it belongs to everyone who wants to use it so no one can't say that Bitcoin belongs only to one person or one nation in the world and that is the beauty of Bitcoin.

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January 30, 2017, 10:51:39 PM
 #31

Can Russia or China done such a thing to erase the dominance of the dollar over the world?

Generally, there are always governments behind such technologies. For example, StuxNet

Bitcoin is already created and I don't think someone else can affect the origin of bitcoin (even though it is not known) but I think it's made by U.S or by china (I assume Satoshi Nakamoto is from there)

Anyway who created bitcoin is not much important as it is the adoption and who uses bitcoin, this is more important, and then this affects the price of bitcoin.


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January 31, 2017, 10:15:29 AM
 #32

I think the OP meant if bitcoin could be created in Russia or China. We know that China is #1 in mining in the world, whereas Russia is famous for good quality videos about bitcoin. Moreover, there are many Russians in online btc casinos which can be seen from the chats and this means that they have and use btc. All this means that it is quite probable bitcoin was created by Russian or Chinese guys as we see that the countries are interested in having and promoting it.
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January 31, 2017, 10:32:29 AM
 #33

I think the OP meant if bitcoin could be created in Russia or China. We know that China is #1 in mining in the world, whereas Russia is famous for good quality videos about bitcoin. Moreover, there are many Russians in online btc casinos which can be seen from the chats and this means that they have and use btc. All this means that it is quite probable bitcoin was created by Russian or Chinese guys as we see that the countries are interested in having and promoting it.

Yeah that's what op  meant. And I think that China can create a bitcoin as we know they are one of the best country for reverse engineering.

So if they can create things for imitation and I know that they can also create a bitcoin like crypto currency or coin.

They are masters of creation in this world but for reversing its process.

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January 31, 2017, 10:59:24 AM
 #34

I think the OP meant if bitcoin could be created in Russia or China. We know that China is #1 in mining in the world, whereas Russia is famous for good quality videos about bitcoin. Moreover, there are many Russians in online btc casinos which can be seen from the chats and this means that they have and use btc. All this means that it is quite probable bitcoin was created by Russian or Chinese guys as we see that the countries are interested in having and promoting it.
the main question is whether those countries be able to make such thing like bitcoin and actually the answer is yes. and the interest which had shown by both russian and chinese towards bitcoin have nothing to do to where the creator of bitcoin comes from, that's just nonsense

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January 31, 2017, 11:10:25 AM
 #35

Can Russia or China done such a thing to erase the dominance of the dollar over the world?

Generally, there are always governments behind such technologies. For example, StuxNet
Has bitcoin really challenged the US dollar dominance?No not yet atleast as most of international trade is still done in $.
Bitcoin adoption by individuals will never challenge dollar dominance unless it is adopted on government level.

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January 31, 2017, 11:37:32 AM
 #36

bitcoin creator can anything country
because bitcoin still anonymous, satoshi nakatomo only name anonymous, you can't know is him, man, woman and where from county nothing person known about satoshi nakatomo

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January 31, 2017, 01:22:15 PM
 #37

Can Russia or China done such a thing to erase the dominance of the dollar over the world?

Generally, there are always governments behind such technologies. For example, StuxNet

Russia and China as well as other countries can replace the dollar currency if there will be financial collapse in the United States. Another thing is for China and Russia to join hands and bombard America with Nuclear bombs then the dollar currency will lost its value when that happens. But instead of thinking of such negative things let us just wait for the natural movement of the economy to dictate who will be the next universal currency.

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January 31, 2017, 03:05:20 PM
 #38

Same as bitcoin China or Russia won't develop a new coin, because every country has varied needs and varied economic strategies. China's own Blockchain based trial coin by Peoples Bank of China with several other banks of the country has been tested successfully. Soon can expect the fiat in digital form. Russia too adopts technology rather than the coin.

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January 31, 2017, 04:38:37 PM
 #39

Yes as we know that Russia and china is more powerful than other countries in sense of technology so it may be  they also use bitcoin for online transection of money.

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January 31, 2017, 04:47:09 PM
 #40

In theory yes but for sure no,There was very popular digital currencys in China before bitcoin.Russia there is a famous qoute from 1917 i think Lenin told that. Money in hands of our enemy can be dangerous weapon
money in hands of people is dangeous enemy

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