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Author Topic: is it possible that the bitcoin was created by governments?  (Read 22572 times)
TheUltraElite
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March 15, 2019, 04:31:35 PM
 #181

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.
10 years is a long time to make predictions. We have seen how fast technology advanced in the last ten years and who knows what may happen in the next 10 years. We may not have any economic system based on fiat and have a total crypto economy which again seems idealistic and probably having a lower probability. Still there is the possibly of having government acceptance of crypto however unnerving that may sound.

My message to others would be to keep hands strong and stock up more for upcoming bull markets. Cheesy

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March 15, 2019, 06:01:56 PM
 #182

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
I certainly very much doubt , due to the fact that bitcoin is not particularly affect the current price , and it is impossible to keep track of other people , I think it was the man who took surveillance from the tarp funds !

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March 16, 2019, 12:45:07 AM
 #183

the possibility is always there, so if made by the government the question is which government is the country? if one country produces bitcoin, what benefits can the country get. so the possibility of being made by a country is very unlikely, because no country can regulate the value of bitcoin itself.

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March 16, 2019, 01:14:32 AM
 #184

the possibility is always there, so if made by the government the question is which government is the country? if one country produces bitcoin, what benefits can the country get. so the possibility of being made by a country is very unlikely, because no country can regulate the value of bitcoin itself.

It is obvious, there was no government included.

The very idea of Bitcoin and other cryptocurrencies being decentralized is the best reason why these cryptocurrencies including Bitcoin will never be, or possibly be created by the government. They may create their own but I doubt that they will be creating one that is decentralized since if they will be making one, they will be wanting to control that certain crypto.
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March 16, 2019, 02:42:34 AM
 #185

I don't think that bitcoin is made by the government, if the government that makes it must have more specific provisions and will not be anonymous. Bitcoin is created because of truly high-quality ideas for the future and will develop well in modern technology.

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March 16, 2019, 06:33:26 AM
 #186

I don't think that bitcoin is made by the government, if the government that makes it must have more specific provisions and will not be anonymous. Bitcoin is created because of truly high-quality ideas for the future and will develop well in modern technology.
but we also don't know the exact originator, and who is sathosi. therefore whether this is a strategy or something, we don't know. but what is certain about the existence of bitcoin is providing other options for payment instruments

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March 16, 2019, 06:43:00 AM
 #187

I don't think that bitcoin is made by the government, if the government that makes it must have more specific provisions and will not be anonymous. Bitcoin is created because of truly high-quality ideas for the future and will develop well in modern technology.
but we also don't know the exact originator, and who is sathosi. therefore whether this is a strategy or something, we don't know. but what is certain about the existence of bitcoin is providing other options for payment instruments

The existence of bitcoin provides anonimity and being not tied up to banks or governments so with these we can clearly say that the creator of bitcoin is an anti governance/government  .  its also possible that the creator is working on a government or an ex government employee .  he sucks about the government corrupting our  local currency thats why he invent a new kind of currency to combat their bad doings .
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March 16, 2019, 09:09:52 AM
 #188

No one is responsible for their development are the problem in the Bitcoin because it is created created by someone so the government will not be responsible for any of this development and also that decrease happening if it was been accepted by the government there is some possibilities to develop it very quickly.
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March 16, 2019, 04:15:40 PM
 #189

No one is responsible for their development are the problem in the Bitcoin because it is created created by someone so the government will not be responsible for any of this development and also that decrease happening if it was been accepted by the government there is some possibilities to develop it very quickly.
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March 17, 2019, 03:20:09 PM
 #190

I personally am not sure that the government will create or make bitcoin. the problem is that the government's task is too much and not just managing bitcoin, and I think that bitcoin will not be created by the government
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March 17, 2019, 03:28:49 PM
 #191

I personally am not sure that the government will create or make bitcoin.

Bitcoin was built by Satoshi Nakamoto he is the founder of bitcoin, he even have an account here.



Government wants centralized banking while bitcoin and other crypto currency are decentralized which means they contradict each other. Governments wants control while founder and makers of bitcoin look the other way and tired of the government regulation when it comes to the banking system.
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March 17, 2019, 05:49:41 PM
 #192

Governments not create bitcoin, and i'm 100% sure, and this is because governments can't control bitcoin, i mean the emission of coins like they do with fiat money. Satoshi Nakamoto is the men who create it and i think for this, my only regret is not was from 2010 here, so i can mine bitcoin at start with my old PC.
TheUltraElite
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March 20, 2019, 05:17:44 PM
 #193

I don't think that bitcoin is made by the government, if the government that makes it must have more specific provisions and will not be anonymous. Bitcoin is created because of truly high-quality ideas for the future and will develop well in modern technology.
It was created in 2009 and not sure if you would want to call that modern technology development since once time passes everything starts to become old. Yes it is being developed even more and blockchain technology is what is being worked on. Still the future aspects of bitcoin and blockchain are obviously bullish to me. Cheesy

I personally am not sure that the government will create or make bitcoin. the problem is that the government's task is too much and not just managing bitcoin, and I think that bitcoin will not be created by the government
Lol are you insane? Bitcoin is created by mining the blockchain blocks and nobody creates them at their own will not even the government. Have you even heard of mining? Or are you posting here to complete you daily posting quota? This thread is about a different topic not the creation of every coin. Tongue

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March 20, 2019, 05:27:56 PM
 #194

I don't think that bitcoin is made by the government, if the government that makes it must have more specific provisions and will not be anonymous. Bitcoin is created because of truly high-quality ideas for the future and will develop well in modern technology.
It was created in 2009 and not sure if you would want to call that modern technology development since once time passes everything starts to become old. Yes it is being developed even more and blockchain technology is what is being worked on. Still the future aspects of bitcoin and blockchain are obviously bullish to me. Cheesy

I personally am not sure that the government will create or make bitcoin. the problem is that the government's task is too much and not just managing bitcoin, and I think that bitcoin will not be created by the government
Lol are you insane? Bitcoin is created by mining the blockchain blocks and nobody creates them at their own will not even the government. Have you even heard of mining? Or are you posting here to complete you daily posting quota? This thread is about a different topic not the creation of every coin. Tongue
Agreed with the quote, bitcoin is created by the mining process. But, the initial step is being done by Satoshi. In recent days there were more statements stating governments were the one behind this innovation. This isn't accepted by majority of the users. Also there isn't any need to question about the posting quota of an user.

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March 20, 2019, 11:45:52 PM
 #195

Yes I think government created bitcoin, have a look why government created bitcoin :-

Finance their own black operations
Digital currencies were inevitable, and they preferred bitcoin to some potentially more malevolent form.
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March 21, 2019, 12:24:08 AM
 #196

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.
who created bitcoin until now is still mysterious, but we don't need to worry about it, the most important thing is that bitcoin is the greatest discovery of the century and is able to replace the financial system throughout the world that is obsolete by integrating it into cryptocurrency. so let's not have to worry about who created bitcoin, but we just enjoy the results of the work.

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March 21, 2019, 02:34:26 PM
 #197

I don't see any obvious reason that bitcoin was made by the government itself. Granting it is, how come it is anti-government in some aspects? Bitcoin could take shortcuts in transactions that may prevent payments with taxes. If taxes can possibly be evaded by using bitcoin then  do you think government would get the advantage without people giving them the taxes?  So I think this idea isn't true at all.

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March 21, 2019, 07:30:13 PM
 #198

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.
who created bitcoin until now is still mysterious, but we don't need to worry about it, the most important thing is that bitcoin is the greatest discovery of the century and is able to replace the financial system throughout the world that is obsolete by integrating it into cryptocurrency. so let's not have to worry about who created bitcoin, but we just enjoy the results of the work.
Bitcoin is technological invention, which is not having fix value and price but it is decentralized so people take advantage  of it and buy at low to sell high, so in this kind of situation it is not possible for government to take command over it or to invent it by government, bitcoin is not having any limit as it is independent but government lemmatize everything, so then it must not be profitable.
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March 21, 2019, 09:33:09 PM
 #199

Government does not need to create BTC  in order to control or gain financial strength, government globally has an advantage  to control of the economy, Bitcoin is a digital currency that was developed by Satoshi Nakamoto, Government cannot be against what they built.
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March 24, 2019, 09:51:07 AM
 #200

Also there isn't any need to question about the posting quota of an user.
You understand trolling dont you? Nothing serious here but I expect people who post here to know a bit more about how bitcoin is created and not make comments out of the blue that are totaly nonsense. Anyway chill out.

Government does not need to create BTC  in order to control or gain financial strength, government globally has an advantage  to control of the economy, Bitcoin is a digital currency that was developed by Satoshi Nakamoto, Government cannot be against what they built.
In a sense it does seem so that government can take over bitcoin? But that theoritically cannot happen since we talk about decentralization here. That central control is not supposed to lie in one hand. Again we humans are prone to centralized system like the exchanges that we are using like Binance its a completely anti-bitcoin sentiment. This shows that if you want to function like a normal human being you have to accept centralization inside of decentralization. Seems counter-productive but it is what it is. Pure decentralization cannot happen even today.

R


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