is it possible that the bitcoin was created by governments?

[jaocoincrypto18]

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

If this is true then do you think of which country will do that? I don't see it was the US as Donal Trump is against it and i don't think it was Japan too because even they already treated Bitcoin as currency for their direct spending but they never claim it even Nakamoto was a Japanese name.

[bryant.coleman]

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

Bitcoin is something that can reduce the financial strength of the governments, by having a negative impact on the national currency. So it is laughable to claim that the governments are behind the creation of Bitcoin. Also, if they were behind the creation, then the hundreds of thousands of users who have used Bitcoin as a payment method for dark markets would be behind the bars by now.

Bitcoin was essentially created as an alternative mode of payment, which is free from the clutches of the central bank and the private bankers. Now we can't really think about a scenario where the central banks supports the creation of an asset, which in the long term can have an impact on their monopoly. You can always think about new conspiracy theories, but this one doesn't have any logic in it.

[iMark]

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.

Lol its funny, how could the government make a system that is outside the authority of the government itself? the government wants to control all their people's finances, then they make the system decentralized? that is a funny thought. Many governments even ban crypto? how could crypto be made by the government? lol

[FlightyPouch]

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

If this is true then do you think of which country will do that? I don't see it was the US as Donal Trump is against it and I don't think it was Japan too because even they already treated Bitcoin as currency for their direct spending but they never claim it even Nakamoto was a Japanese name.

I am not suspecting anyone here but what I will be saying here is just a theory. Ever heard of the bank heist in Bangladesh? The plan was so great and it is said that the suspects there were from "North Korea". You can watch the video here, https://www.youtube.com/watch?v=Usu9z0feHug.
As I said, this is just a theory. North Korean was said to be one of the countries that used cybercrimes to attack countries and I think the goal here is to get the money they needed to maybe improve and develop their military strength, just imagine, they are the one holding most of the bitcoins in the world, that would be billions and billions that they can use to develop their weapons.

[nightxglow]

What kind of financial strength? Which government? Actually i don't think bitcoin is created by government. Although i haven't read the conspiracy theory you talk about, but i'm quite certain because of some things. First, if it's actually government's doing, then why would they hide it? And why the hell there are so many country really against bitcoin, ban them, consider them as illegal and such? And why do they create something that will be difficult for them to control? I see many news about government complaining about bitcoin because they can't control or hard to really regulate them. So, i just think no. But who knows? Everything is still a mystery after all.

[Ozero]

What is the point of states creating a headache for themselves? Cryptocurrency has directly opposite tasks and functions than those that have states. This explains the so long rejection of cryptocurrency by states and its so slow legalization. I exclude even the probable participation of states in the creation of cryptocurrencies. Is it just that a completely different plan was planned, but it turned out a cryptocurrency that got out of control.

[The Cryptologist]

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

This does not all makes sense because first of all, they have many actions that contradict this conspiracy on so many levels. Like the government secretly buying btc, want to destroy bitcoin, want to issue their own btc version and so on. But it is possible that a high government official could have contributed to the creation of btc because he might not like how the governments operate and taking control of the fiat currency.

[samcrypto]

If this were true, there are only two countries i suspect that has a capacity to produce bitcoin and these are Japan and India since there has been rumors about this two countries regarding Satoshi Nakamoto and other things connected to it.

[Naughty Princess]

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.

I agree. Government has lot of regulations and cannot do such action like decentralize because it is a centralize economy. It is impossible that they are behind the creation of crypto though some accept it legally on their country. It is not controlled by anyone. They wont do something that will be banned because of illegal activities.

[Spaffin]

It is quite possible that the government, in the form of certain secret structures, like the CIA, was engaged in the development of cryptocurrency, but if this was true, then I am sure that no one planned to initially make cryptocurrency public domain.  It is possible that it was thanks to Satoshi Nakamoto that Bitcoin saw the world and ordinary people began to use cryptocurrency and blockchain.  Perhaps due to such a leak of information, Satoshi Nakamoto still does not reveal himself.  This is just my guess.

[Naida_BR]

It is quite possible that the government, in the form of certain secret structures, like the CIA, was engaged in the development of cryptocurrency, but if this was true, then I am sure that no one planned to initially make cryptocurrency public domain.  It is possible that it was thanks to Satoshi Nakamoto that Bitcoin saw the world and ordinary people began to use cryptocurrency and blockchain.  Perhaps due to such a leak of information, Satoshi Nakamoto still does not reveal himself.  This is just my guess.

I don't think so. I don't think that government was involved in the development of Bitcoin however CIA may be aware of the identity of Satoshi.
And as they know, what can keep them from murdering him in order not to influence more people in the Decentralized world?

[wxa7115]

It is quite possible that the government, in the form of certain secret structures, like the CIA, was engaged in the development of cryptocurrency, but if this was true, then I am sure that no one planned to initially make cryptocurrency public domain.  It is possible that it was thanks to Satoshi Nakamoto that Bitcoin saw the world and ordinary people began to use cryptocurrency and blockchain.  Perhaps due to such a leak of information, Satoshi Nakamoto still does not reveal himself.  This is just my guess.

Many have speculated with a scenario like that for a very long time and I simply do not see any kind of evidence about something like that remotely happening, if that was the case then any government agency that was involved in the creation of bitcoin will have know about every single person that was involved in it and an investigation must have followed and they could easily identify the person that was behind the releasing of the code of bitcoin to the public.

But satoshi was very active in the forum for a significant amount of time so to me it is way more likely that satoshi developed this idea on his own and government agencies only began to give attention to bitcoin once it was too popular to shut down.

[blueteam09]

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

According to my conspiracy theory Bitcoin was created by the underworld where the criminals live. In order not to be detected by the government, so Bitcoin was created with the anonymity feature, which makes it impossible for the government to control and prevent these illegal transactions.

[thisappointed]

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

Are you kidding? or are you taking drugs? If Bitcoin was created by the Government, bitcoin wouldn't be here anymore because Governments are all corrupts, they will just probably steal people's money if they are the one who created Bitcoin, they will take the advantages of it to gain benefits, that is why I'm glad bitcoin have a decentralized network, so the government can't lay their hands on it even though they want it so bad.

And also other countries wouldn't banned it if they are the ones who created it, don't you think? this question doesn't make any sense at all.

[ifinta]

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

I think, no, the algo for Bitcoin was stealed from some banks... I think Russia was clear agains bitcoin also for a while...
If BTC would be a coin with a state or government behind, then it won't be attacked economically as strange as it can be detected:

I'm betting you're right. Altcoins I'm watching are showing lots of strength against BTC. Ethereum is looking especially strong.

Alt-BTC pairs have probably already completed the earliest phases of a Wyckoff accumulation schematic. Now we're looking for a "sign of strength" to indicate a new uptrend. Something along the lines of what we saw in the first 2 weeks of January in 2017:

Many thanks. You think a similarity (in technical viewpoint) as I see (from my fundamental viewpoint) with early 2017...... Here is the diagram:



1. accumulation phase, to have i.e. BTC's to "drop" or "invest" later...
2. the "attack". a try to break the dominance of BTC agains other crypto's (three main competitors at THAT time: USD, ETH, XRP ... I don't write for Tether: USDT, because the truth is USD with the FED of the USA)

We have 5 weeks or 7 weeks before ETH breaks the dominance of BTC? We are ahead of an interesting time I think. Be strong. Hold your coins

[tungaqhd]

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

Are you kidding? or are you taking drugs? If Bitcoin was created by the Government, bitcoin wouldn't be here anymore because Governments are all corrupts, they will just probably steal people's money if they are the one who created Bitcoin, they will take the advantages of it to gain benefits, that is why I'm glad bitcoin have a decentralized network, so the government can't lay their hands on it even though they want it so bad.

And also other countries wouldn't banned it if they are the ones who created it, don't you think? this question doesn't make any sense at all.

Another reason for determining that bitcoin was not created by the government, as many people know, the bitcoin system can move a lot of money in a short time, even creating a chaos in the market if bitcoin has enough capital to move into it, if one government can create bitcoin, they will certainly use this tool to destroy the economies of other countries. But fortunately, I did not see any country strongly affected by bitcoin, most governments are serious about managing and propagating people in limiting or using bitcoin when they claim not to create bitcoin.

[jeraldskie11]

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

If this is true then do you think of which country will do that? I don't see it was the US as Donal Trump is against it and i don't think it was Japan too because even they already treated Bitcoin as currency for their direct spending but they never claim it even Nakamoto was a Japanese name.

Yes you're right. I don't believe that governments is the creator of Bitcoin. I would rather say it was created by a very intelligent person who is commonly doing the trade of fiat currency at first, buying and selling fiat. And then the idea came to his mind what if he makes his own currency that is built for trading and that's what we called Satoshi Nakamoto. That is only my opinion, what do you think?

[Apaxy]

Satoshi Nakamoto created Bitcoin so that people are not deceived by banking systems and governments that always create economic crises and artificially create inflation, print fiat money that makes a person only poorer.  Until recently, bitcoin was supposed to belong only to people and each user could be anonymous, but today the situation is changing rapidly. States are very comfortable with fiat currencies and they do not need to participate in the creation of cryptocurrencies.  But the world has already developed a tendency to use cryptocurrency, and therefore many countries are beginning to follow this trend.

[barota]

it is possible that the governement who control price of bitcoin.. if they want bitcoin under 7000 usd per btc after some month . for sure it will be

[Ewox]

I haven’t heard anything about that theory but I really don’t think it is possible because if it was then Bitcoin or the other cryptocurrencies would have been regulated already. The debate of making these cryptocurrencies being regulated has been going on until now.