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Author Topic: is it possible that the bitcoin was created by governments?  (Read 22633 times)
shayanescooter (OP)
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February 12, 2019, 09:31:25 PM
 #1

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Chikitita2004
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February 12, 2019, 09:43:55 PM
 #2

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Which conspiracy theory are you pointing out? People who know bitcoin know that it is Satoshi Nakamoto who invented bitcoin but as to his personal identity, it is still unclear until now if he is a real person or just a pseudonym which is a person behind famous digital currency called bitcoin. If it is to strengthen financial aspect of the modern world, I doubt it because until now banks and governments are still against wide adoption of bitcoin. just my opinion.

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shayanescooter (OP)
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February 12, 2019, 10:05:32 PM
 #3

My question is also because of this. Because there's no idea who Satoshi is, we can take the theory that maybe the governments have introduced bitcoin.
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February 12, 2019, 10:06:25 PM
 #4

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Any theory has the right to exist. But again, everyone has a good life with dollars. Especially the whole system is up and running. And the creation of Bitcoin, its introduction in all areas, it will take a lot of time. I do not think that this is the case.
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February 12, 2019, 10:09:58 PM
 #5

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

Why would the Governments conspire to create a tool that is solely meant to be used against everything the Government stands for ?

My question is also because of this. Because there's no idea who Satoshi is, we can take the theory that maybe the governments have introduced bitcoin.

I'm not sure Bitcoin would have been this successful if Satoshi  happened to be known, and It would have been somewhat centralized if he were to be available, because he would be expected to call all the shots about what should or not be implemented on the network. I think it was a well thought idea and in the best interest of Bitcoin that should be anonymous.

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February 12, 2019, 10:11:58 PM
 #6

No one has idea on who satoshi really is. And it's likely that we can speculate that bitcoin is a secret government project and satoshi is part of a government agency that creates experiments like this. The result of their experiment was successful, look at bitcoin now.

If it's a government project and they want to gain financial strength in the modern world which bitcoin has implemented about decentralization, they are contradicting what the gov't wants. Looking at the current situation, few of them are against to bitcoin but some gov't are starting to embrace it.

shayanescooter (OP)
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February 12, 2019, 10:17:54 PM
 #7

In fact, you have to look at this in different ways. For example, you should ask why some governments have simplified the Bitcoin Mining Terms? And why do they help miners? And why have some of these governments themselves begun to bite the mine?
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February 12, 2019, 10:17:55 PM
 #8

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
I have seen some people in the past bringing this point, but why any governments will do something like that? Why create a currency that no one can stop? Unless you can explain how they could stop bitcoin and other cryptocurrencies and how this could lead to their benefit and becoming stronger than they are already, then we can leave that theory behind us since I do not see it as something that can be possible.
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February 12, 2019, 10:20:03 PM
 #9

My question is also because of this. Because there's no idea who Satoshi is, we can take the theory that maybe the governments have introduced bitcoin.
If you are really interested in who Satoshi is, go for a stalker and you will understand who he is. I think there are people who are interested in these same questions, I don’t see any advantages in finding answers.
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February 12, 2019, 10:24:25 PM
 #10

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
If it is to strengthen financial aspect of the country that the reason why bitcoin was created, I doubt it because governments until now are still brainwashing their people's mind together with banks not to invest in bitcoin stating the disadvantages and disasters it may bring to the investors in case they would. I cannot see any reason why governments would create something and not support it.

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February 12, 2019, 10:24:34 PM
 #11

That could be true, but why would some governments ban or regulate cryptocurrency if they are the founders of Bitcoin? That is why I don't believe that Bitcoin is made by governments.

But it is possible that Bitcoin was created by a minister, mayor or king as an experiment. Just to see how much would people invest in invisible money. I do believe that someday Satoshi will be back and it's full name will be announced, unless he died couple years ago....
shayanescooter (OP)
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February 12, 2019, 10:27:00 PM
 #12

I believe that governments have fully understood the problems of the Fiat, and feel their death close. For this reason, they have been creating this platform
shayanescooter (OP)
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February 12, 2019, 10:40:14 PM
 #13

The same anonymity that is known as a benefit to Bitcoin raises questions that look like this.

Most people believe Bitcoin is against the government. But I believe that order exists in cases of irregularities.

In my opinion, bitcoin bubble explosion is a great help to offset the inflation caused by printing extra money.
wahyu wida
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February 13, 2019, 01:31:38 AM
 #14

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
If it is to strengthen financial aspect of the country that the reason why bitcoin was created, I doubt it because governments until now are still brainwashing their people's mind together with banks not to invest in bitcoin stating the disadvantages and disasters it may bring to the investors in case they would. I cannot see any reason why governments would create something and not support it.
maybe it's true what you say, because indeed with a lot of alibis the government can't yet accept bitcoin. I think one of the factors is because in the bank there are many employees who work, and many supporters. we can imagine that
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February 13, 2019, 03:35:22 AM
 #15

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

Link please? I want to read that theory to shed some light to my belief. Maybe it could change my mind into why I support bitcoin.

This conspiracies that you are talking about, it might be fake ones just so to make the bitcoin price be dumped again.
It might be connected to trading though. It is one good strategy to shake the market of bitcoin. Think about it, governments doesnt even want to regulate bitcoin in their countries.
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February 13, 2019, 05:28:41 AM
 #16

There aren't any evidence nor sensible reason for them to create bitcoin, except whether they are just trying to do a large-scale social experiment and see whether a decentralized currency is possible and will be used by a large number of people. Well if that's the case then they have proven their point, though it's somewhat late now knowing how huge the effect of bitcoin was in today's society and how easy it is to make money off of it. But yeah, conspiracy theories are just extreme theories without any hard evidence at hand, so best not to believe it and carry on.

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bitcoin31
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February 13, 2019, 05:55:34 AM
 #17

I don't think the government created a bitcoin because maybe it's only 1 person or a team or group that possible who created a bitcoin . Because the government against bitcoin not all the government because they have soms of the country governement are against to bitcoin but still unknown who are really created bitcoin.
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February 13, 2019, 08:27:24 AM
 #18

There are still many governments fighting bitcoin or maybe they have not accepted bitcoin, how is the government creating bitcoin? I only believe that bitcoin was created by Satoshi Nakamoto, who is still anonymous until now, this gives a big change to the lives of everyone who falls into the crypto world, not the government. The government is only limited to providing opportunities for more developed bitcoin.
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February 13, 2019, 08:47:22 AM
 #19

i don't buy the conspiracy theories about backdoors in the protocol---that's beyond belief.

but it's definitely possible that bitcoin was created by a government. they could amass a large share of the money supply early on, while establishing a public ledger that's great for surveillance. it's pretty unlikely though.

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

Why would the Governments conspire to create a tool that is solely meant to be used against everything the Government stands for ?

you know, fiat money was only a very recent invention. it's definitely not everything governments stand for. it was only several decades ago that the gold standard reigned supreme.

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February 13, 2019, 09:16:52 AM
 #20

I don't see any reason that bitcoin was created by government, all of the feature that bitcoin got are contrasts with the regulation, and if being overused, crypto could make the economic inflation become worse, so I dont think the government want to create a currency that has the chance to jeopardise the country's economic
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