is it possible that the bitcoin was created by governments?

[FUD Expert]

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

That would be the dumbest conspiracy that I have ever heard. Even if it is true then we should be on the mass adoption stage in the last few years but we are not. Only an unselfish person or group of people would ever made bitcoin. Why will the government ever need btc when they can all have the power of fiat which they can print as long as they want.

[breathlessz]

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.

the government is worried that it will lose the support of its people. so that many people are worried about the regulations made by the government. with a system that is on crypto, it is different from the system currently running

[Best Dreams]

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.

Simple is that system of crypto currency is so anonymous which is not possible to create by anyone, we know that crypto currency has volatile nature so it will be hard for them to manage the system, it grows anonymously, when people invest price increases automatically so this all system depends upon investors but when government will support it so it will gain more value.

[Serco]

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.

the government is worried that it will lose the support of its people. so that many people are worried about the regulations made by the government. with a system that is on crypto, it is different from the system currently running

system in crypto or we often called it blockchain bring new breakthrough in conventional syste.and if government applied this sytem, they will get much benefit from it.more cost opertional could saved , and they could tracking any system failure in any time.

[finaleshot2016]

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

Definitely no.

Most of the government are against bitcoin because of being decentralized and most people can use it freely. Having a decentralized platform will cost the economy to more problems. We got also a fact that Satoshi Nakamoto is the founder of bitcoin and no one knows who he/she is.

[samputin]

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

We all know that Satoshi Nakamoto is the founder of bitcoin ever since it began and until now, we still don't have any idea on who he is and where he is right now. Yet here we are talking about some conspiracy that the government created bitcoin. But most of the governments of different countries are against bitcoin because of its anonymous feature and being decentralized. So I think it somehow contradicts. Why would they create something that they, themselves, will not patronize eventually? That they will be the ones who will turn their backs on it? Right?

[princesspoppy]

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 so. We all know that bitcoin is decentralized and no one can take control of it, even the government, on the other hand,  we all know that government always wants to take control of everything, most especially if it involves money or anything that has same worth of it, so why would government ever create something that they can't take control with? Why would they ever create something that can give people choices that may be a disadvantage to the goverment? Why?

[ufaiz50]

I don't believe in conspiracies I don't see for myself, I don't think there is such a possibility, first remembering the value of bitcoin is very worthless and just because the demand then value starts to rise. the blockchain technology was created to solve financial problems and bank weaknesses that harm customers are very contrary to the nature of the government who likes to control.

[jonaire99]

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

That will be unlikely because bitcoin is created when a global economic crisis is happening and all countries affected including the United States are busy in protecting their economy. Protecting involves controlling the flow of money, taking some hard measures to prevent their economy from falling further. At that time, bitcoin is created with decentralized feature so no one, not even the goverments and banks can control it.

[btc_angela]

The speculation might be true however its hard to believe due to the government is trying cracking down everything just to regulate this space. The invention of Bitcoin only shows that fiat system is flawed, lacks transparency and infinite source of corruption.

C'mon man, this speculation has been ongoing for years now and not a single piece of evidence was presented that will swing our perception that bitcoin is not created by Satoshi but rather by 3 letter agencies by the US. So unless something concrete came up today and says this and that organisation made it then I will stick to the legendary man - Satoshi Nakamoto.

[loopes]

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

The consipary theory that you have said doesn't make sense. There is no evidence that support if bitcoin was created by governments at all. Even some governments do not want to adopt bitcoin in their country and try to restrict their citizens to use bitcoin.

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.

Satoshi nakamoto is really anonymous, indeed no one knows who satoshi is, even of satoshi is not anonymous maybe will happen bad things for him/her related to her/his alive.

[ololajulo]

This discussion has often arose when the anonymity of bitcoin is questioned. It is believed it has been weaken by the developers to produce a backdoor to government to monitor other nefarious activities in the space. Interestingly everyone who came up as inventor has been a distraction to project, they have no enough evidence to back it up. It was produced against government yet they seem carefree about it, and it keeps growing.

[freedomgo]

No government will hate its own creation especially after discovering how beneficial such innovation can be to the entire human race in the financial field. Bitcoin and the system of the government are contrary as Bitcoin operates on decentralized principles whereas the governments operates on centralized principles.

Exactly, it's a wrong theory to think that bitcoin is created by the government, the fact that government is centralized, they would not make something opposite to their stand.

[dat.ho12492]

No government will hate its own creation especially after discovering how beneficial such innovation can be to the entire human race in the financial field. Bitcoin and the system of the government are contrary as Bitcoin operates on decentralized principles whereas the governments operates on centralized principles.

Exactly, it's a wrong theory to think that bitcoin is created by the government, the fact that government is centralized, they would not make something opposite to their stand.

It is clear that bitcoin does not belong to the government when bitcoin activities are always anonymous, it avoids all government control, besides, it creates a lot of problems for the government when a large amount of black money can flow into the market, even many people will not need to pay taxes through bitcoin. In addition, technology criminals can still pass bitcoin to achieve bad goals, if bitcoin is actually created by the government, it's a silly thing  when this tool is stabbing them in the back, don't let them gain benefits and force them into trouble

[TheUltraElite]

C'mon man, this speculation has been ongoing for years now and not a single piece of evidence was presented that will swing our perception that bitcoin is not created by Satoshi but rather by 3 letter agencies by the US. So unless something concrete came up today and says this and that organisation made it then I will stick to the legendary man - Satoshi Nakamoto.

It is useless to argue with them. Those who use their false logic to make assumptions and try to convert that to a new theory are just dumbasses. But the truth is different because they do this for their own profits. Probably their are trying to promote the names of other people as those behind bitcoin, probably bitcoin cash propaganda shilling. All these lead to making newbies brainwashed about the wrong bitcoin.

But then it is their choice who to listen to and whom not to so I wont blame them for going in the wrong direction.

[wxxyrqa]

Until recently, many skeptics said that the blockchain and Bitcoin was created based on the evil intentions of the CIA or other secret organizations.  But today we see negative statements by very many heads of state and government regarding the cryptocurrency market.  Based on this, I can assume that no state took any part in creating cryptocurrency.

[sgenuine]

Until recently, many skeptics said that the blockchain and Bitcoin was created based on the evil intentions of the CIA or other secret organizations.  But today we see negative statements by very many heads of state and government regarding the cryptocurrency market.  Based on this, I can assume that no state took any part in creating cryptocurrency.

It will be strange to take part in creation Bitcoin to start real war against it. No, governments did not do anything to let virtual money appear. It was really Satoshi Nakamoto (OK, I can agree, that it is a nickname of the organization but it is not connected with government structures).

Hope, at last, most countries will understand that BTC is not a threat but even a true bless for them.

[Ozero]

No, bitcoin is the exact opposite of the principles on the basis of which the government of each state works. Bitcoin is not only unprofitable for governments; in fact, it is hostile to them. However, blockchain technology itself is very useful to governments. Stable coins, especially those created by themselves, can also be of great benefit to them. A decentralized cryptocurrency can benefit the state economy if it walks in society along with national currencies.

[Upgate]

The real story is that bitcoin was created by satoshi nakamoto and no government Can take claims of creating bitcoin. Yes some countries want to be associated with the creation of bitcoin but it's a decentralized coin

[Oilacris]

No, bitcoin is the exact opposite of the principles on the basis of which the government of each state works. Bitcoin is not only unprofitable for governments; in fact, it is hostile to them. However, blockchain technology itself is very useful to governments. Stable coins, especially those created by themselves, can also be of great benefit to them. A decentralized cryptocurrency can benefit the state economy if it walks in society along with national currencies.

Exactly!I don't know where they do get the idea that Bitcoin might be created by Government? They wont make things that would oppose into their own system of governance.

They are just creating their own poison on that case.So its impossible to think for them to be the creator of a coin which is anonymous and decentralized.