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Author Topic: is it possible that the bitcoin was created by governments?  (Read 22628 times)
iv4n
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February 26, 2019, 08:12:15 AM
 #101

No one will know whether bitcoin is made by the government or not because until now we don't know for sure who made it, whether it's a person or a group of people. All we know is Satoshi Nakamoto without knowing what that person is like. So there are many conspiracy theories that have developed to this day. But in my opinion, bitcoin has nothing to do with any government because I believe bitcoin is decentralized so there is no interference with any government.

We don`t even now was it a man or a woman, or a group of people. Nobody knows nothing, and that`s a fruitful soil for all sorts of conspiracy theories. You are legendary like me, in all this years I saw many articles about who or what invented blockchain, I think I can talk about that for hours and to tell you some pretty hard to understand things. Now people ask is this possible, is that possible, when you look at blockchain you get that almost everything is possible. Will we ever find out a truth about Satoshi Nakamoto? I personally doubt in that.

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February 26, 2019, 09:24:43 AM
 #102

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 bitcoin was created not to strengthen modern finance in a country. maybe bitcoin is made to make us who are born in modern times who are easier to invest and safe in securing money and ease of shopping without carrying a lot of money
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February 26, 2019, 09:26:37 AM
 #103

We never knew before Satoshi Nakamoto appeared by itself, this is still anonymous.
Bitcoin remains a digital asset created by the blockchain and has its own advantages and disadvantages.
in my opinion for now bitcoin is still very much needed among people who use blockchain but there are times when surely bitcoin is replaced with another technology that has many advantages and a little lack
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February 26, 2019, 09:28:23 AM
 #104

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Where is the evidence about that conspiracy you say? It would be interesting if you can post evidence of your claims or else it would just be another waste of time and effort to follow you post.

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February 26, 2019, 09:30:15 AM
 #105

We never knew before Satoshi Nakamoto appeared by itself, this is still anonymous.
Bitcoin remains a digital asset created by the blockchain and has its own advantages and disadvantages.
in my opinion for now bitcoin is still very much needed among people who use blockchain but there are times when surely bitcoin is replaced with another technology that has many advantages and a little lack

I have a feeling that will happen in the next millennium. Having these digital coins right now are still in the hatching period and has not given it's full potential. Look at all these projects related to crypto, are not they building and applying the blockchain to every aspect of work and things? It takes time for this to be completely develop and it takes time for people to start accepting it.
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February 26, 2019, 09:49:40 AM
 #106

no it's impossible, government is always opposed and also the government always prohibits its citizens from using bitcoin.
the reason is because the price of bitcoin is predicted to experience bubbles. and also I don't think there is such a conspiracy theory.
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February 26, 2019, 10:03:55 AM
 #107

no it's impossible, government is always opposed and also the government always prohibits its citizens from using bitcoin.
the reason is because the price of bitcoin is predicted to experience bubbles. and also I don't think there is such a conspiracy theory.

How can you be so sure that it's impossible for any country government is behind it, because first it was disclosed by US when they raided the Silk Route and Auctioned the BTC they seized from the raid. So it can also be possible that US government can be behind it.

Nothing can be told very surely about who is behind the creation of cryptocurrency and bitcoin. But one thing is sure that due to the creator anonymity btc got so much popular, so i think it is ok if we dont know about who is the creator until it is good to use it.
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February 26, 2019, 10:30:44 AM
 #108

There are people who believe that. Every now and then I'd see threads about it here in the forum. Most people believe though that it's not. Though gov't can track transactions we can't really say they have a way of controlling the flow unless they outright ban miners. They do want increased regulation over it.

I'm discounting the possibility that it WAS a gov't experiment though, like how the internet was created by the military. Sometimes creations do take a life of their own.

 
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February 26, 2019, 11:11:30 AM
 #109

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 think that bitcoin was created by governments. If any government would create bitcoin they will possibly use it for their own benefits and internal transactions rather than making it public. I can't see any benefit for any government to create the chain and bring a new revolutionized economic system that it is already established to the societies that they handle.
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February 26, 2019, 11:33:42 AM
 #110

There are people who believe that. Every now and then I'd see threads about it here in the forum. Most people believe though that it's not. Though gov't can track transactions we can't really say they have a way of controlling the flow unless they outright ban miners. They do want increased regulation over it.

I'm discounting the possibility that it WAS a gov't experiment though, like how the internet was created by the military. Sometimes creations do take a life of their own.

 
We can't deny that but it has got very limited possibilities for the same. If it was created by the super powers surely they would never let the common people benefit out of it. The key focus will be to enrich their own economy. With this I don't think bitcoin is under the control of any of the governments functioning around the world.

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February 26, 2019, 12:47:25 PM
 #111

In crypto we say everything is possible so this is also possible but for me the chance of this is very low. That's just what I feel. There's a lot of theory but I guess the real story, person/group behind btc will remain anonymous as time pass by. What and who ever it is, we are thankful that we are profiting because of btc.
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February 26, 2019, 01:00:47 PM
 #112

If it is made by them then why would governments need to ban or restrict crypto currencies. Obviously the one who created bitcoin is not part of the fiat system or part of any government organization rather than a genius programmer or a super elite group of programmers who thought of a concept of a free decentralized money.

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February 26, 2019, 01:05:54 PM
 #113

no it's impossible, government is always opposed and also the government always prohibits its citizens from using bitcoin.
the reason is because the price of bitcoin is predicted to experience bubbles. and also I don't think there is such a conspiracy theory.
if the government opposes cryptocurrency and blockchain technology I am still convinced that someday they will use this technology to make a profit and maybe they want to make their country's economic conditions better, so I'm sure a government in some countries will have planned it.

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February 26, 2019, 01:10:17 PM
 #114

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Interesting question since the mystery behind the pseudonym of 'Satoshi Nakamoto' (the person who created the existence of bitcoins) is still at large- no one knows who he really is or if he even existed. He might be an organization, the government, a group of people, or an individual who hides his existence for security reasons. Going back, I doubt that the government is behind the creation of a revolutionary payment method since they are the ones who are against it, as they implement laws that prohibit the usage of such.

There are people who believe that. Every now and then I'd see threads about it here in the forum. Most people believe though that it's not. Though gov't can track transactions we can't really say they have a way of controlling the flow unless they outright ban miners. They do want increased regulation over it.

I'm discounting the possibility that it WAS a gov't experiment though, like how the internet was created by the military. Sometimes creations do take a life of their own.

 

Well regardless on who created bitcoin, we cannot deny the fact that it revolutionized digital transactions and gave possibility of unlimited potential when it comes to security of payments and investment alternative.
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February 26, 2019, 03:23:48 PM
 #115

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
No. I don't think that bitcoin was created by the government because if bitcoin was created by the government there will be no countries will banned bitcoin and thinking that it could be for the economy. Government will still support fiat currency instead of bitcoin, so there are no chance that bitcoin was created by the government.

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February 26, 2019, 06:11:16 PM
 #116

I think it is inconceivable in such a case that the administration was made bitcoin it will end up brought together and furthermore it won't prohibited to different nations government. The main thing we don't generally know whether Satoshi the creator of bitcoin is an individual or gathering of individuals. Possibly they shroud their personality for security reason. Additionally to give individuals a chance to concentrate on bitcoin or in the items than to know them and turn the fame of bitcoin to the individuals who made.
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February 26, 2019, 06:29:39 PM
 #117

its possible, first  cryptocurrent from government. they use for bank transaction, etc but it doesnt work like now. than bitcoin created by s.n
i never think about theory or conspiracy. i think, this is good for future with transparance, all of them.
the point is, all theory is possible but still cant proof it. many government afraid on bitcoin, and when they want to accept it, regulatuin created by them. so you can think it clearly.
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February 26, 2019, 06:39:27 PM
 #118

We never knew before Satoshi Nakamoto appeared by itself, this is still anonymous.
Bitcoin remains a digital asset created by the blockchain and has its own advantages and disadvantages.
Well yes because we are not personally known to Satoshi infect we only have heard about it, the other thing is bitcoin is anonymous and no one actually know how bigger the price of bitcoin can rise and fall, so if government would made bitcoin they must fix some limits for its users and whole system must got disturb we won’t feel safe as we are now feel freedom for investing.

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February 27, 2019, 08:20:24 AM
 #119

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
I think its impossible for the government to create bitcoin or any cryptocurrency because they support fiat currency over bitcoin and there are government in other countries who banned bitcoin , so what will be the reason that the government have created bitcoin.
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February 27, 2019, 08:46:20 AM
 #120

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Where is the evidence about that conspiracy you say? It would be interesting if you can post evidence of your claims or else it would just be another waste of time and effort to follow you post.
- I think he does not have accurate evidence for his thoughts because until now, what we can see is the governments of the countries from the early stages, they always have objections and don't like bitcoin, very few countries support bitcoin because bitcoin always exist and operate out of the law, Bitcoin is the source to create chaos and social problems. However, although bitcoin has such problems, governments only ban it, they do not intend to destroy or make it disappear, it really is a very strange thing, and the problem he mentioned is also possible but things are still unclear and need more time to determine


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