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Author Topic: is it possible that the bitcoin was created by governments?  (Read 22633 times)
Janation
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June 16, 2019, 08:23:41 AM
 #221

Governments will not create something that goes against their interests. Create a cryptocurrency, and then deal with its spread - what's the point? Since the creation of cryptocurrency, it was known that the government could not control it. Therefore, they could not create it.

That is the reason.

Bitcoin is not something that they can control. It is a decentralized cryptocurrency so even if they make it for their other reasons, I think they might use it to launder their money still, I don't think they are the one that created it. Satoshi Nakamoto created a great technology and that's it. Whether the government or criminals created it, it is the reason why a lot of people are earning money and doing well with their lives.
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June 19, 2019, 03:24:05 PM
 #222

Because until now bitcoin creator still unknown maybe they still have possibility the government create a bitcoin but the question is what country? 
Its impossible that a certain government would do something to ruin their own government. You need to understand that having something that will show the bribery and corruption of a government would be harmful to sustain that corrupted system. So they wont hit their own self with creating something that would expose them. Bitcoin ledger is public to everybody who wants to view it.

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Because some of the government want to ban bitcoin to their country maybe they did not know that government of other country who create bitcoin. But all of that is still a big question and until now No answer until we find out the real Satoshi Nakamoto.
Stop chasing this big question. That is the reason why people waste time thinking on things that would not change even if they racked their brains on it. Accept bitcoin as it is.

 
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June 19, 2019, 04:02:41 PM
 #223

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

Like the internet, it's fair to say the government played a role in its creation. For example, SHA-256 encryption and protocols on which bitcoin was created were developed by the government. I don't believe bitcoin itself was developed by the government, but Satoshi and the other founders made creative use of decades of government research in cryptography.

There will always be all types of conspiracy theories simply because no one seems to know for sure the identity of Satoshi.
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June 19, 2019, 11:43:38 PM
 #224

in conspiracy theories, to break the potential deadlock in a long-term economy, a new system must be created to eliminate the various sentiments that will emerge, alternative economic engineering aims to accommodate things that are more neutral for the time being, I mean fundamentally crypto algorithms .

Even though I don't really believe it, but the development of bitcoin is very tight in that direction, in the next few years a clue will be issued that is intentionally run by individuals or institutions. we only need to analyze it.
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June 19, 2019, 11:55:45 PM
 #225

There are conspiracy theory about it ranging from created it(bitcoin) to fund CIA/MI5 missions to bitcoin being created after the recession as a way to inflate an imaginary bubble.
there is a lot of theory regarding this topic yet nothing is conclusive. but there is still a possibility that bitcoin is created by the government, but in my own opinion I think it's stupid.

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June 20, 2019, 12:49:56 AM
 #226

I don't think Bitcoin was created by the government. No one will create something that will fight or resist what he has created and cherished already. The governments have already created centralization and this is what gives them total control and power over several affairs of the people and the country at large. Decentralization which Bitcoin practices takes this power from the governments and give it back to the people.

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June 20, 2019, 12:58:47 AM
 #227

What would be the purpose from the government to create BTC and then block it in most all the countries? And these few where it is not blocked there is a lot of drama due to the scams, hackers, exchange and all these things I don't even need to say as we read in the news every single day? lol

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June 20, 2019, 07:32:58 AM
 #228

Maybe if the government makes Bitcoin why don't they show up and so the government get benefits from Bitcoin. In my opinion, Bitcoin cannot be made by the government because many government is also against the existence of Bitcoin even though it is still unclear who or which group makes it. I still believe in previous history that made Satoshi Nakamoto as the creator of Bitcoin.

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June 20, 2019, 12:30:35 PM
 #229

Because until now bitcoin creator still unknown maybe they still have possibility the government create a bitcoin but the question is what country? 

Because some of the government want to ban bitcoin to their country maybe they did not know that government of other country who create bitcoin. But all of that is still a big question and until now No answer until we find out the real Satoshi Nakamoto.
For the future it is possible for the government to issue a more regulatory-friendly crypto currency, because the government has an interest in using crypto to monitor it so it is not a place for money laundering or terrorist funding.
Although I personally do not believe terrorists use crypto money, protecting is certainly better than allowing it. So, the government in a country I am sure will someday issue crypto money.

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June 20, 2019, 12:54:04 PM
 #230

Because until now bitcoin creator still unknown maybe they still have possibility the government create a bitcoin but the question is what country? 

Because some of the government want to ban bitcoin to their country maybe they did not know that government of other country who create bitcoin. But all of that is still a big question and until now No answer until we find out the real Satoshi Nakamoto.

More than 10 years back who created the Bitcoin till now we don't know, but governments always want to control the money which is maintained by them. So that's why most of the governments don't want to show their interest in Bitcoin because no government control authorities are not maintaining it.
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June 20, 2019, 01:16:30 PM
 #231

Maybe if the government makes Bitcoin why don't they show up and so the government get benefits from Bitcoin. In my opinion, Bitcoin cannot be made by the government because many government is also against the existence of Bitcoin even though it is still unclear who or which group makes it. I still believe in previous history that made Satoshi Nakamoto as the creator of Bitcoin.
Indeed, with the huge benefit that bitcoin can bring, the government will not easily give up if bitcoin is a product they design but this story doesn't go exactly like this, it's happening as you say, bitcoin's existence is an annoyance and uncomfortable with the government when many investors and large companies use bitcoin to evade government tax costs, affecting government interests. So perhaps the creator of bitcoin is Satoshi Nakamoto when history and traces around bitcoin, it is too much related to this name, he is the true owner of bitcoin

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June 20, 2019, 03:30:23 PM
 #232

What would be the purpose from the government to create BTC and then block it in most all the countries? And these few where it is not blocked there is a lot of drama due to the scams, hackers, exchange and all these things I don't even need to say as we read in the news every single day? lol
Governments along with the politicians always look for ways to corrupt money. They never wish to have things transparent. Here with bitcoin every activity is transparent and upon the same I believe bitcoin wasn't created by governments for the goodness of the common people. Bitcoin is developed by someone anonymous, and the same is being taken advantage by some people for their needs.
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June 20, 2019, 05:07:56 PM
 #233

nop. bitcoin is created by individuals or teams not from countries. the team saw the potential for digital transactions to increase and create bitcoin to aim to cut off transactions that had been managed by third parties to P2p. when bitcoin achieves success almost everyone even states try to claim ownership, i am very critical if anyone trying to claim bitcoin, let bitcoin always be open source and built by the community.
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June 20, 2019, 06:32:43 PM
 #234

Maybe if the government makes Bitcoin why don't they show up and so the government get benefits from Bitcoin. In my opinion, Bitcoin cannot be made by the government because many government is also against the existence of Bitcoin even though it is still unclear who or which group makes it. I still believe in previous history that made Satoshi Nakamoto as the creator of Bitcoin.
Indeed, with the huge benefit that bitcoin can bring, the government will not easily give up if bitcoin is a product they design but this story doesn't go exactly like this, it's happening as you say, bitcoin's existence is an annoyance and uncomfortable with the government when many investors and large companies use bitcoin to evade government tax costs, affecting government interests. So perhaps the creator of bitcoin is Satoshi Nakamoto when history and traces around bitcoin, it is too much related to this name, he is the true owner of bitcoin
Yeah this is the issue that bitcoin is anonymous and no one can know much about it, it changes the price so it is not such valuable as it should be to become government currency, it has huge value among investors but government can’t accept it, maybe in future will happen as much bitcoins is being valuable day by day.

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June 21, 2019, 06:23:35 AM
 #235

Governments will not create something that they can't be controlled and cryptocurrencies are mostly decentralized. Creators of blockchain technology are private individuals including the developers of bitcoin. Blockchain can be adoptedby any government to improve their systems and services but it will be centralized so they can able to control it.
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June 21, 2019, 06:24:14 AM
 #236

up
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June 21, 2019, 08:47:52 AM
 #237

I can't actually contradict this question since I don't have a strong point to disprove it. But if that's the case don't they know that their just making there self a rival. How would government invent bitcoin if in the first place it was threat to banks. (in some ways) Its a big show then.

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Boh manok
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June 21, 2019, 07:05:46 PM
 #238

For now it seems impossible for the government to create digital currencies like bitcoin or other digital currencies, because the government is afraid of the destruction of the currency that has now circulated in society, and the digital currency cannot be guaranteed by the government in terms of security in conducting transactions.

otong
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June 21, 2019, 09:25:16 PM
 #239

For now it seems impossible for the government to create digital currencies like bitcoin or other digital currencies, because the government is afraid of the destruction of the currency that has now circulated in society, and the digital currency cannot be guaranteed by the government in terms of security in conducting transactions.
in the times and technologies, all possibilities could occur and if the government could make its own crypto currency for economic development in that country
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June 22, 2019, 12:09:17 AM
 #240

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 know that conspiracy theory, but they are not gaining from this, as you can see it promote decentralization, and no government would like that losing grip to its people and using alternative currency instead of the one that they've issued, the world are all aware that a brilliant individual or a group created it, but no financial backing coming from the government.

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