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Author Topic: is it possible that the bitcoin was created by governments?  (Read 22572 times)
Olatunjex
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February 28, 2019, 10:36:16 PM
 #141

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
No i disagree with this theory if government were to be the creators of this most popular digital currency then they wouldn't be banning the use of it by it's citizens i don't trust this theory, it's mere assumption there is no proof to back it up.

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March 01, 2019, 01:02:25 AM
 #142

Who's satoshi nakamoto is still a mystery and whether he is from the government or indeed he himself is also a mystery but I am sure he is not alone in developing blockchain technology today

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March 01, 2019, 06:44:13 AM
 #143

Who's satoshi nakamoto is still a mystery and whether he is from the government or indeed he himself is also a mystery but I am sure he is not alone in developing blockchain technology today
I think that name is not a single person, probably they are a group of people IMO. There is a big possibility that Bitcoin was created by the oligarchies. Oligarchies are the people who belong to the 1% population of the world that almost control everything. They are the most powerful among humanity.

Ever heard about the Rothschilds? They are something to be scared of. They control almost every banks in the world and I think they were the people who also invented bitcoin as a currency. We won't know but there is a big chance really.
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March 01, 2019, 07:26:17 AM
 #144

Who's satoshi nakamoto is still a mystery and whether he is from the government or indeed he himself is also a mystery but I am sure he is not alone in developing blockchain technology today
I think that name is not a single person, probably they are a group of people IMO. There is a big possibility that Bitcoin was created by the oligarchies. Oligarchies are the people who belong to the 1% population of the world that almost control everything. They are the most powerful among humanity.

Ever heard about the Rothschilds? They are something to be scared of. They control almost every banks in the world and I think they were the people who also invented bitcoin as a currency. We won't know but there is a big chance really.

I dont believe bitcoin created by single person too, i am prefer believe bitcoin created by a group. But Rothschilds? i dont think so, rothschild already control most central banks in the world, why bother creating bitcoin that can disrupt central banks bussiness

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March 01, 2019, 07:58:05 AM
 #145

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
bitcoin was created by the government I think it will change the nature of the crypto currency and of course legality will be obtained in crypto currency in my opinion the government only takes the economic system using crypto currency technology
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March 01, 2019, 08:50:11 AM
 #146

bitcoin was created by the government I think it will change the nature of the crypto currency and of course legality will be obtained in crypto currency in my opinion the government only takes the economic system using crypto currency technology
We have no proof that the gov't is built by the government.

Legalities/regulations will be applied by the government soon and saying that economic system using crypto's is likely. But they are more fond with blockchain technology.

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March 01, 2019, 08:58:07 AM
 #147

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
I think that is possible, since the government can almost do anything. And we also don’t even know who is Satoshi Nakamoto. A lot of people has claimed to be Satoshi Nakamoto but none of them has been confirmed yet. We don’t know if it was a person or a group of people. Maybe the government might have had their hands in this. You never know.
but if in my opinion the government has no interference in the establishment of bitcoin, because if the government intervenes then there will be many countries that are fast accepting bitcoin

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March 01, 2019, 04:40:21 PM
 #148

It may be possible that the government is behind the development of cryptocurrency in other to sustained it relevance in the financial future of the globalized world, but if one look at it with the recent attack by many government on bitcoin and the rest of the cryptocurrencies you will be prompt to believe that government is not in support of the operations of digital currency.
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March 02, 2019, 07:07:51 AM
 #149

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?
bitcoin is made by the government, I think it can happen, but the nature and purpose of crypto currency will certainly change, but in my opinion it will not make crypto currency but the government will adopt the economic system to progress a more developed economy
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March 02, 2019, 08:54:37 AM
 #150

nah not possible. bitcoin and blockchain ecosystem provokes a decentralized financial system that government wouldnt like at all. so i dont think governments can create or even support bitcoin.
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March 02, 2019, 11:32:39 AM
 #151

May be. because until now the explanation of who satoshi nakamoto was and whether he was from the government or the company we all did not know where he was and also who he really was. things like this are still a mystery
but suppose that it is made by a government, why use a decentralized system, while the government itself is against the system and wants to change the existing centralized system
Crypto currency is decentralized and it use to change the price and rise falls makes profit for us that’s why we should not get worry about decentralized system,. Crypto currency is something anonymous and if it will be created by government so I think it will have limited access only and as we feel easy and relaxed using crypto currency we government won’t let it be that free for us.
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March 02, 2019, 02:03:00 PM
 #152

Governments don't like the idea of decentralization when it comes to managing their currency and economy so it is impossible for them to create or develop bitcoin. But government can create their own virtual currency and it is more likely a centralized one so they can still control its circulation and distribution. Nobody know the real identity of the bitcoin creator and why he is remain unknown to the public but one of the reasons why he developed the bitcoin is to make a currency that is free from the control of governments.
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March 02, 2019, 07:13:21 PM
 #153

nah not possible. bitcoin and blockchain ecosystem provokes a decentralized financial system that government wouldnt like at all. so i dont think governments can create or even support bitcoin.
  Right it is very decentralized and it has no fixed value so in this matter government will not support it because in government system everything remains under control which is not possible in decentralized system, but if they tool hold by chance then it will no more interesting because the whole charm and attraction of cryptocurrency is because of decentralization and volatility.
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March 02, 2019, 11:57:10 PM
 #154

No actually, some of the governments hated it 'cause it really affects their economy so they implemented a lot of complicated rules when having a transaction in cryptocurrency. I also doubt it, It's clearly impossible for them to create a wonderful masterpiece that changed our life and we know that government official just wanted power. There are so many benefits that helped me in my life, I don't think the government will create an overflowing benefits to the people 'cause if that happens, they will ignore the government.

Decentralization is not a good thing in the government so it's a no.
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March 03, 2019, 12:46:38 AM
 #155

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Well, I've not come across this conspiracy theory before and besides, no one knows the true identity of Satoshi Nakamoto. It could be a single person or a group of people. On a more serious note, cryptocurrency or Bitcoin has not been in good terms with most of the governments because it is decentralized. The governments do not have absolute control over Bitcoin so how do they derive the strength from it?

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March 03, 2019, 12:59:27 AM
 #156

No actually, some of the governments hated it 'cause it really affects their economy so they implemented a lot of complicated rules when having a transaction in cryptocurrency. I also doubt it, It's clearly impossible for them to create a wonderful masterpiece that changed our life and we know that government official just wanted power. There are so many benefits that helped me in my life, I don't think the government will create an overflowing benefits to the people 'cause if that happens, they will ignore the government.

Decentralization is not a good thing in the government so it's a no.
I agree with you, that decentralization is not a good thing for the government as bitcoin can removed their power to the financial status of an individual. They can't control it that's why they implement regulations in order to approve and monitor the usage of cryptocurrency in their country.

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March 03, 2019, 03:49:50 PM
 #157

I don't think so, if bitcoin is created by the government then of course the government is not against bitcoin. Fiat created by the government, not bitcoin.

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March 06, 2019, 02:21:45 PM
 #158

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?

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March 06, 2019, 02:37:37 PM
 #159

Who's satoshi nakamoto is still a mystery and whether he is from the government or indeed he himself is also a mystery but I am sure he is not alone in developing blockchain technology today
This is a collective ideas I think, and without great IT on their team for sure we are still suffering from a poor financial system. Government will not create this kind of technology, they are corrupt and they will not allow this kind of technology to ruin their business, well Satoshi Nakamoto is still an speculation to everyone.
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March 06, 2019, 02:43:33 PM
 #160

of course very possible, why? a lot of things have actually stuck to my thinking since I joined the crypto currency trading until now.

I never knew about the identity and truth of the Bitcoin pioneer (Satoshi Nakamoto) who ever tracked his life record?
can Satoshi Nakamoto be a character made by the Japanese government?

I only give a possibility and thought that I have, please correct it if my thoughts are too negative.

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