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Author Topic: is it possible that the bitcoin was created by governments?  (Read 22633 times)
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March 06, 2019, 03:26:08 PM
 #161

not. bitcoin is made by individuals or individuals and the government has no interference in the formation of bitcoin, because if the government exists then the bitcoin will certainly be fast and widely legalized by countries in this world
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March 07, 2019, 07:31:31 AM
 #162

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Many people said that bitcoin was created by FBI, Government of a Country and etc. But for me it is clear that bitcoin was created by Sathosi nakamoto which many people agree avout it. The power of country's money is influenced by the strength of its millitary, economy, and etc. So it is impossible if bitcoin created by strong country like USA, JAPAN or RUSSIA.

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March 07, 2019, 07:49:41 AM
 #163

it could be if the government owns a team, or pays a team to make a new coin and listing it to the market exchanger as soon as possible.
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March 07, 2019, 08:19:15 AM
 #164

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Many people said that bitcoin was created by FBI, Government of a Country and etc. But for me it is clear that bitcoin was created by Sathosi nakamoto which many people agree avout it. The power of country's money is influenced by the strength of its millitary, economy, and etc. So it is impossible if bitcoin created by strong country like USA, JAPAN or RUSSIA.
I don't think anyone knows for sure about the makers of bitcoin. but at present bitcoin is there to provide alternative payment in a decentralized manner, and offers several benefits when using it

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March 07, 2019, 08:22:32 AM
 #165

the question that often arises in my mind, I also had time to think that. and if indeed a bitcoin is created by a country, which country do you think might be the creator of bitcoin?
I have no country on my mind on where bitcoin originated. And your question is just a re-phrase of OP's question so there's no difference at all. Thinking that Satoshi Nakamoto is a Japanese name, it isn't enough to say that it originated on Japan because someone who's living online can create his name base on other's nationality names. There's no assurance and validation that SN is a male or a female and even living on Japan or a Japanese citizen but we are sure that it's a pseudonym to hide his real identity.

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March 07, 2019, 09:51:28 AM
 #166

At this point it's irrelevant whether Bitcoin was created by a government or by an individual, or by a group of people since it's an open-source software and there are no backdoors there. What matters is how many people are using it and what team is behind it right now.

I personally don't think that Bitcoin was created by governments because they would definitely show more support for it, if that was the case.

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March 07, 2019, 12:11:58 PM
 #167

There is no evidence and strong reason if the government creates Bitcoin. Many countries do not support the full existence of this digital currency technology, meaning they assume that cryptocurrency has the potential to endanger their economies, so is it possible for the government to create something that they think can endanger them.
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March 07, 2019, 12:30:04 PM
 #168

If the governments did this they sure didn't think it through.
And if it is true why aren't they the major asset holder at the moment?

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March 07, 2019, 12:40:23 PM
 #169

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 they will create something that will make issues in banks. We can see that governments are still studying it in order to be legalized. Also, the way Bitcoin's Blockchain works is very different compare to the banking system that we have now.
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March 07, 2019, 02:04:11 PM
 #170

If the governments did this they sure didn't think it through.
And if it is true why aren't they the major asset holder at the moment?
Good question you ask there and we both know that the governments wont create a currency which will compete with their national currencies. In fact, I wonder why some people believed the governments are behind bitcoin creation while all they ever wanted is bitcoin to bitcoin failed.

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March 07, 2019, 10:45:59 PM
 #171

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Bitcoin will not be created by the government because it has a lots of opposition why the government in most of the time but there is a possibility of taking care of Bitcoin by the government and it will be more useful to develop it very easily and takes the advantage to accept the people without any doubt.

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March 07, 2019, 11:55:26 PM
 #172

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 they will create something that will make issues in banks. We can see that governments are still studying it in order to be legalized. Also, the way Bitcoin's Blockchain works is very different compare to the banking system that we have now.
Agreed, along with the same if it is being developed by governments surely it'll be under some central control. From the beginning itself this could've never been developed in a decentralized way. This will always gets served as a unknown mystery which gets revealed only if Satoshi comes to light.

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March 08, 2019, 01:02:16 AM
 #173

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Bitcoin will not be created by the government because it has a lots of opposition why the government in most of the time but there is a possibility of taking care of Bitcoin by the government and it will be more useful to develop it very easily and takes the advantage to accept the people without any doubt.

I am agree, i dont think bitcoin created by government. Government prefer using their own fiat money and if bitcoin success adopted, it will disrupting paper money and thats why bitcoin not created by government
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March 08, 2019, 02:18:10 AM
 #174

I don't think we know who made Bitcoin. satoshi nakamoto may be just a call but his background is that of a government or company that is completely unknown,but what is clear is that blockchain technology is currently very helpful

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March 08, 2019, 02:05:45 PM
 #175

I don't think we know who made Bitcoin. satoshi nakamoto may be just a call but his background is that of a government or company that is completely unknown,but what is clear is that blockchain technology is currently very helpful
Exactly. No matter who is a creator of Bitcoin. Technology use is more important. But, on the other hand, we don't know if there's any long-term plan with a real purpose of Bitcoin creation.

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March 11, 2019, 11:26:20 AM
 #176

If the governments did this they sure didn't think it through.
And if it is true why aren't they the major asset holder at the moment?

Good point! Also why would governments create obstacles in the way of mass adoption, especially in the very beginning, if they were behind the whole thing? I think it's a widespread mistake, overestimating governments' capacities. They may have armies and law enforcement agencies in their disposal, but they don't have more brains than average people have, and most likely they are simply unable to create something as technically great as Bitcoin.

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March 11, 2019, 12:17:46 PM
 #177

I don't think we know who made Bitcoin. satoshi nakamoto may be just a call but his background is that of a government or company that is completely unknown,but what is clear is that blockchain technology is currently very helpful
Exactly. No matter who is a creator of Bitcoin. Technology use is more important. But, on the other hand, we don't know if there's any long-term plan with a real purpose of Bitcoin creation.

This will create a new thing that will continue to grow every year you will be able to feel if you are still alive for the next 10 years. I imagine a lot of big changes with technology and the crypto world.
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March 11, 2019, 05:51:30 PM
 #178

I don't think we know who made Bitcoin. satoshi nakamoto may be just a call but his background is that of a government or company that is completely unknown,but what is clear is that blockchain technology is currently very helpful
Exactly. No matter who is a creator of Bitcoin. Technology use is more important. But, on the other hand, we don't know if there's any long-term plan with a real purpose of Bitcoin creation.

This will create a new thing that will continue to grow every year you will be able to feel if you are still alive for the next 10 years. I imagine a lot of big changes with technology and the crypto world.
10 years will bring totally new revolution in crypto currency as I guess it will be higher so much, but still in this time period no government can create their own crypto because it is anonymous and it will be hard to handle then so government can only adopt its economical system for the progress and growth their countries Economical growth and betterment.
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March 11, 2019, 05:51:46 PM
 #179

Decentralized cryptocurrency is very disadvantageous to governments and states. In practice, it largely competes with them. Therefore, governments are clearly not interested and can not be the creators of decentralized cryptocurrency. Now cryptocurrency delivers a lot of problems to governments and in the future there will be even more. Therefore, I do not think that governments may be involved in the creation of cryptocurrency. This is absolutely not logical.
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March 12, 2019, 03:09:38 AM
 #180

I don't think we know who made Bitcoin. satoshi nakamoto may be just a call but his background is that of a government or company that is completely unknown,but what is clear is that blockchain technology is currently very helpful
It could be that one day the government of a country creates coins that are used in the country's official transactions because the system used is a blockchain application that is very supportive for creating clean transactions, free of corruption.
If a country has started and this concerns a large country, it can spread to the needs of all countries because the evidence that has been realized can improve people's welfare.

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