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Author Topic: is it possible that the bitcoin was created by governments?  (Read 22572 times)
Twentyonepaylots
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January 25, 2020, 01:48:00 AM
 #361

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

It can be a theory, there are a lot of theory but we know that the government was against by crypto so how can we believe on that theory? Bitcoin was created year 2009 so we can say that there are some explanation because 2009 was not that old.
Its really contradictory if we do think and compare carefully.What the hell on that kind of thinking to say that government is the one who made btc?

They are just burning theirselves to their own yet we know on what are the things that Bitcoin do have.So simply means they arent the ones who created this stuff.
If they do then they wont really be that worried too much because we know that government do likes manipulation and controlling everything.
I think there are need to know the definition of Bitcoin first, what it is and how it works. Why would governments and central authorities would create something of decentralized nature? Why would they create a threat for themselves? Why would they let people get benefit out of something that is against them? The answer to all questions is never, not in any case. Anyone can be the developer of Bitcoin and crypto except government.
Indeed. Everyome could really create their own cryptocurrency, but it is really impossible for the government to create bitcoin because what are the reasons why they created it if they couldn't control it? and why they let people to earn huge profit from it for freen, if they don't need to pay taxes? There are really a lot of questions that we can ask to the government if they are the ones who created bitcoin.
That's the main point, we cannot never say that givernment is the behind the creation of the bitcoin. Satoshi is anti fiat money and that is why he created a cryptocurrency which is bitcoin. We all know that government have control over fiat money so why will they create a currency which they have no control. They cannot also get taxes in using bitcoin as transactions.
The government has never really created bitcoin in the first place because bitcoin is a decentralized that it cannot be controlled by anyone else even the government. Bitcoin was really created named Satoshi Nakamoto who is not one of the government and a person who is not in favor of the government policy and fiat.
Governments wouldn't want a competition, more so create one. The fact that bitcoin directly competes against fiat currency already is a dead giveaway that they aren't the ones who did it. Another would be the fact that it's decentralized, no large corporate entity could hog the profits they could've got with bitcoin. And as we all know, the Government will do anything in it's power to get money. Even with those 2 reasons we can safely assume that it is not the government who created bitcoin in the first place.
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January 25, 2020, 02:48:54 AM
 #362

If you look at the government's attitude towards bitcoin so far, it is very unlikely the creator of bitcoin is the government. So in this case
the theory The conspiracy cannot apply. Because the government is very eager to control everything, therefore bitcoin is  by nature
decentralization is very much against the will of the government. It makes more sense that the creator of bitcoin is a person  or a group
indeed wants to make big changes in the financial sector that have been running poorly, because they are controlled by third parties like banks.

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January 25, 2020, 06:42:16 AM
 #363

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

It can be a theory, there are a lot of theory but we know that the government was against by crypto so how can we believe on that theory? Bitcoin was created year 2009 so we can say that there are some explanation because 2009 was not that old.
Its really contradictory if we do think and compare carefully.What the hell on that kind of thinking to say that government is the one who made btc?

They are just burning theirselves to their own yet we know on what are the things that Bitcoin do have.So simply means they arent the ones who created this stuff.
If they do then they wont really be that worried too much because we know that government do likes manipulation and controlling everything.
I think there are need to know the definition of Bitcoin first, what it is and how it works. Why would governments and central authorities would create something of decentralized nature? Why would they create a threat for themselves? Why would they let people get benefit out of something that is against them? The answer to all questions is never, not in any case. Anyone can be the developer of Bitcoin and crypto except government.
Indeed. Everyome could really create their own cryptocurrency, but it is really impossible for the government to create bitcoin because what are the reasons why they created it if they couldn't control it? and why they let people to earn huge profit from it for freen, if they don't need to pay taxes? There are really a lot of questions that we can ask to the government if they are the ones who created bitcoin.
That's the main point, we cannot never say that givernment is the behind the creation of the bitcoin. Satoshi is anti fiat money and that is why he created a cryptocurrency which is bitcoin. We all know that government have control over fiat money so why will they create a currency which they have no control. They cannot also get taxes in using bitcoin as transactions.
The government has never really created bitcoin in the first place because bitcoin is a decentralized that it cannot be controlled by anyone else even the government. Bitcoin was really created named Satoshi Nakamoto who is not one of the government and a person who is not in favor of the government policy and fiat.

He created Bitcoin, he really fed with the Government and the banking system, so he created the decentralized platform which the government will not have direct control with the Bitcoin, he is not favourable to government policies that's why there is a complete change in the system which we are using now.

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January 26, 2020, 03:27:59 AM
 #364

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
It is impossible that the governments is the creator of the bitcoin. We all know that the cryptocurrency or bitcoin wants to be controlled by the government and the bitcoin is decentralized. It is impossible to make a currency that is decentralize but then you want to control it. The idea of government is contradicting to the real use of the crypto.

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January 26, 2020, 01:28:44 PM
 #365

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
That's a no. You think they are not powerful enough to create bitcoin? Those who work for the state are always respected and have certain powers in certain fields. So why do they need to create something that will bring them money? It must be said that corruption is always present in countries and that they have never been deprived. so I think this conspiracy theory is quite absurd.
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January 27, 2020, 11:16:08 PM
 #366

Government is a powerful governing body that regulates anything from its people, I understand why the question have been made because the capability of government is much greater than any organization. But for me, as long as the government shows actions opposing bitcoin we could confirm that the theory of government being the creator of bitcoin is false, instead, we could say that the government might stop opposing bitcoin and will adopt it for a possibility to gain financial power and somehow would be able to control bitcoin from the inside.

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January 28, 2020, 09:46:08 AM
 #367

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Well no one can tell about that because some are searching until now where bitcoin start, who's create this coin, even satoshi name and personality is questionable in everybody. No one can give right theory so even they said that government is the one who created bitcoin still its big question because some government is not allowing crypto or bitcoin in their country. It's a big puzzle that hard to solve.

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January 28, 2020, 10:45:53 AM
 #368

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Well no one can tell about that because some are searching until now where bitcoin start, who's create this coin, even satoshi name and personality is questionable in everybody. No one can give right theory so even they said that government is the one who created bitcoin still its big question because some government is not allowing crypto or bitcoin in their country. It's a big puzzle that hard to solve.
Likewise, it's also a puzzle that doesn't need to be solved either because it's better for us not to know who Satoshi Nakamoto really is. On the other hand if government really created Bitcoin, then it's still fine because we can really say that they are not manipulative with regards to its market as it's halving truthfully based on the majority of its holders.

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January 28, 2020, 10:46:48 AM
 #369

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

i think its still possible, how about FBI is the man behind satoshi nakamoto ?
we know FBI have the newer technology, AI, encrypted etc. so i think its still posible to think FBI is sathosi nakamoto  Grin
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January 28, 2020, 11:03:03 AM
 #370

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

i think its still possible, how about FBI is the man behind satoshi nakamoto ?
we know FBI have the newer technology, AI, encrypted etc. so i think its still posible to think FBI

If we go into this direction then we should realize a few things:
1. There are people imprisoned for stocks pump and dump schemes (illegal there, not forbidden on crypto markets). Why eg. those people would not take an opportunity to shorten their sentence to eg. 10 years by trading cryptos on behalf of secret services? As well - we know that whales (which are often early adopters or parties/companies which know when to dump to buy much cheaper and hoard their BTC/any other crypto) can by a single transaction change the trend/boost it significantly.
2. SS like FBI, unlike normal individuals, can pass all the KYC with fake identity on all the exchanges.
3. Unlike hard cash, for the purpose of black budgets of such services (black budget is an unofficial/illegal one like paying bribes to corrupt foreign officials etc.) - instead of using cash which has its physical size, you can fir $4000000 value in crypto on a small hardware wallet.

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January 28, 2020, 12:21:52 PM
 #371

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

It can be a theory, there are a lot of theory but we know that the government was against by crypto so how can we believe on that theory? Bitcoin was created year 2009 so we can say that there are some explanation because 2009 was not that old.
Its really contradictory if we do think and compare carefully.What the hell on that kind of thinking to say that government is the one who made btc?

They are just burning theirselves to their own yet we know on what are the things that Bitcoin do have.So simply means they arent the ones who created this stuff.
If they do then they wont really be that worried too much because we know that government do likes manipulation and controlling everything.
I think there are need to know the definition of Bitcoin first, what it is and how it works. Why would governments and central authorities would create something of decentralized nature? Why would they create a threat for themselves? Why would they let people get benefit out of something that is against them? The answer to all questions is never, not in any case. Anyone can be the developer of Bitcoin and crypto except government.
Indeed. Everyome could really create their own cryptocurrency, but it is really impossible for the government to create bitcoin because what are the reasons why they created it if they couldn't control it? and why they let people to earn huge profit from it for freen, if they don't need to pay taxes? There are really a lot of questions that we can ask to the government if they are the ones who created bitcoin.
That's the main point, we cannot never say that givernment is the behind the creation of the bitcoin. Satoshi is anti fiat money and that is why he created a cryptocurrency which is bitcoin. We all know that government have control over fiat money so why will they create a currency which they have no control. They cannot also get taxes in using bitcoin as transactions.
The government has never really created bitcoin in the first place because bitcoin is a decentralized that it cannot be controlled by anyone else even the government. Bitcoin was really created named Satoshi Nakamoto who is not one of the government and a person who is not in favor of the government policy and fiat.

He created Bitcoin, he really fed with the Government and the banking system, so he created the decentralized platform which the government will not have direct control with the Bitcoin, he is not favourable to government policies that's why there is a complete change in the system which we are using now.

He is not favorable for the governments because it is against all the restrictions put up by the governments. This is the reason why it is favorable for the users. Because it is the only currency that is under the control of user, you can use it according to your own choice without the burden of taxes and limitations. Whoever is the inventor of it, created the best technology of all.

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March 08, 2020, 03:30:50 AM
 #372

I can't answer this question about Bitcoin, but IOTA is supported well through some governments, and has a BIG RED BUTTON as a legal tool...
Maybe it is off topic, but I think, it is still interesting here in this thread also... Maybe you can learn, study, ... from the fall of IOTA also.

FYI
https://bitcointalk.org/index.php?topic=1216479.msg53985191#msg53985191

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March 08, 2020, 07:10:11 AM
 #373

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

i think its still possible, how about FBI is the man behind satoshi nakamoto ?
we know FBI have the newer technology, AI, encrypted etc. so i think its still posible to think FBI is sathosi nakamoto  Grin

Maybe Satoshi Nakamato is a team of people who created Bitcoin.
That's the reason why Noone cannot find who is nakamoto or they cannot release his identity. This way it might very possible that a secret agency created it, but not one coming from the US.
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March 08, 2020, 07:28:47 AM
 #374

I know it is because of the misery surrounding  satoshi that is making people to have doubt on the history of bitcoin. I don't think it is government that create bitcoin because if it is so, their through identity must have been revealed long time ago and probably the consensus surrounding the development would have make them to think of adjustment and probably makes the bitcoin more accepted.
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March 08, 2020, 01:13:29 PM
 #375

I know it is because of the misery surrounding  satoshi that is making people to have doubt on the history of bitcoin. I don't think it is government that create bitcoin because if it is so, their through identity must have been revealed long time ago and probably the consensus surrounding the development would have make them to think of adjustment and probably makes the bitcoin more accepted.
Indeed, government can't hide their true identity for 10 years and even if they did hide it, it was revelead a long time ago and if its true then governments should have helped bitcoin reach its full potential by allowing it and giving some good projects for bitcoin to increase its usage and demand but no it should have happened in this times but some governments still doesn't give a single thing for bitcoin.



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arrmia11
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March 08, 2020, 01:42:25 PM
 #376

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

Maybe your theory is correct and maybe its not because we all know that satoshi nakamato who invented the the bitcoin but we also know that he's full identity was unclear. Maybe the government used he's name to create the bitcoin for the modern world

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March 08, 2020, 02:33:00 PM
 #377

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
The possibility is there as the creator of bitcoin still unknown up until now even if there are many professionals who are looking for the founder of bitcoin. This only means that the creator of bitcoin is somewhat a powerful entity that can hide their works without being trace by someone and a government is one of the best sample of it.

But whatever their reason is, let's just respect it as we are also a beneficiary to their creation because we earn in crypto world while learning a lot from it.

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March 08, 2020, 04:54:53 PM
 #378

I know it is because of the misery surrounding  satoshi that is making people to have doubt on the history of bitcoin. I don't think it is government that create bitcoin because if it is so, their through identity must have been revealed long time ago and probably the consensus surrounding the development would have make them to think of adjustment and probably makes the bitcoin more accepted.
Indeed, government can't hide their true identity for 10 years and even if they did hide it, it was revelead a long time ago and if its true then governments should have helped bitcoin reach its full potential by allowing it and giving some good projects for bitcoin to increase its usage and demand but no it should have happened in this times but some governments still doesn't give a single thing for bitcoin.

right, certainly no fraud project will occur, this is due to the absence of government regulations for new coin projects. but unfortunately we cannot prove it, because until now no one knew who the real satoshi nakamoto was. which makes the focus of development at this time I think how mass adoption will soon be realized

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March 08, 2020, 08:35:43 PM
 #379

This conspiracy theory is nutty a big. And it can't answer a couple of questions: Why are some governments banning BTC now? Why isn't BTC well adopted yet? Why is it decentralized and uncontrolled?
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March 08, 2020, 09:08:25 PM
 #380

I do not think this is possible, because they already have financial power. In addition, if cryptocurrency were invented by governments, then it would not take 10 years to develop this topic.
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