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Author Topic: is it possible that the bitcoin was created by governments?  (Read 22568 times)
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April 25, 2020, 10:41:04 AM
 #401

I dont really think so, if some government where behind the creation of Bitcoin and Cryptocurrency then they would lose all control with their citizens tax collections and unable to make revenue and even damaging their own local banks investment program and monetary system thus ruining their Economy.

You can consider the possibility that after the government created bitcoin, it lost control over it. And that is why now the government is trying to hinder the development of bitcoin, and in some cases even prohibit it. And so, as an alternative to bitcoin, the government is now working on creating a national digital currency.
A conspiracy over another conspiracy lol. I admire you for having an imaginative mind but I disagree with you. The idea of 'government as the creator of bitcoin' makes no sense at all. Because if they really are then for sure bitcoin fall long time ago already. Since they use the pseudo name of Satoshi Nakamoto and allegedly got the largest number of bitcoin, they why they don't dump it once and for all so that the price will crash so bad and don't recover again? That's the best way of killing it I guess and yet they are not yet doing it until now Grin.
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April 25, 2020, 10:44:04 AM
 #402

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

Although I think that such a situation is unlikely, the said situation may have a reality share. Any state may have initiated such an attempt to reduce or eliminate the pressure of strong countries on the world economy because Bitcoin had entered our lives in 2008 to return and comment. So what happened in 2008? It was the 2008 economic crisis that we heard a lot and had serious effects. When I think of such details, the prediction you mentioned seems a little logical to me, but I would like to state that such a possibility is very low. No state wants its people to be completely free and independent of the state. For this reason, I also think that the prediction you shared cannot be true because when the people gain their economic freedom, they will not be dependent on the state and will not need the existence of the state. If we need to evaluate the incident from a broad perspective, we can say yes and no as an answer, but as I mentioned, we can see that from what perspective we look at the event, it makes sense in that direction. That is why I wanted to write 2 examples that came to my mind in the simplest way.
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April 25, 2020, 01:36:26 PM
 #403

A conspiracy over another conspiracy lol. I admire you for having an imaginative mind but I disagree with you. The idea of 'government as the creator of bitcoin' makes no sense at all. Because if they really are then for sure bitcoin fall long time ago already. Since they use the pseudo name of Satoshi Nakamoto and allegedly got the largest number of bitcoin, they why they don't dump it once and for all so that the price will crash so bad and don't recover again? That's the best way of killing it I guess and yet they are not yet doing it until now Grin.

The fact that bitcoins are lying on the wallet all this time without movement, can only mean that the private keys are lost. We can put forward many theories about this, but I do not think that we will ever know the truth about the creation of bitcoin, which we will all be told first-hand.

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April 26, 2020, 07:40:31 AM
 #404

I don't deem the control bent a bitcoin as the gov't against bitcoin. If it's a management plan ahead and they intend to secure economic strong suit in the current humanity which bitcoin has implemented about decentralization, they are contradicting pardon? the gov't wants. Looking at the tide situation, hardly any of them are against to bitcoin but approximately gov't are preliminary to involve it.

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April 27, 2020, 03:47:16 AM
 #405

bitcoin economic model with government economic model totally different . first point on supply, we know bitcoin have limited supply on 21million , not more not less, meanwhile government could printing how much money as they want. look at US decision to give stimulus due covid19 pandemic, they printed unlimited money, meanwhil bitcoin still on 21millions. by this point i am sure and confidence goverment has no rule on bitcoin creating.

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April 27, 2020, 11:22:25 AM
 #406

I dont really think so, if some government where behind the creation of Bitcoin and Cryptocurrency then they would lose all control with their citizens tax collections and unable to make revenue and even damaging their own local banks investment program and monetary system thus ruining their Economy.
at this point we don't know for sure, but we assume that darknet was a govs project back in the days
it could be possible that crypto is one of their projects that got out of hand too
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April 27, 2020, 02:03:23 PM
 #407

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

And they did it by banning it all over the Asian countries and some European countries ? I'm sure there is no such conspiracy theory. In fact I'm not sure how this topic even come up here middle of no where when bitcoin has passed out its glorious 10 years.  Cheesy

May be you took a wrong turn and stuck into entangled theory of government.

There is paper published by Satoshi Nakomoto. May be I don't need to explain anything more about it.
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April 27, 2020, 07:27:01 PM
 #408

I don't think that the government have created bitcoin because i guess they don't have time for that and bitcoin is decentralized, so why would the government would create a currency that they couldn't even control. I also don't think they have their own reasons if the government are really the one's who have created bitcoin in the first place, so it is really impossible for the government to create one.

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April 27, 2020, 09:10:48 PM
 #409

I guess that times like this now are ideal for different speculation and conspiracy theories. Howe, I've heard so many different theories about Bitcoin creation and who the Satoshi was but that some government is standing behind that is rather unusual.
If that was true don't you think that the path of Bitcoin would have been completely different, probably it would have been institutionized from the begininig, regulated and in service of government benefit.

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April 29, 2020, 08:51:47 PM
 #410

Remember, what I posted.... It starts to be very interesting...
https://bitcointalk.org/index.php?topic=1216479.msg54327283#msg54327283

and two scam accusation thread
https://bitcointalk.org/index.php?topic=5173154
https://bitcointalk.org/index.php?topic=5227016.0

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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April 30, 2020, 07:49:13 AM
 #411

It is quite possible but knowing that cryptocurrency are banned in some countries, it might also not. Cryptocurrency as we all know is a work of Mr. Satoshi and no one ever knows who really he/she is.
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April 30, 2020, 11:19:57 AM
 #412

I guess that times like this now are ideal for different speculation and conspiracy theories. Howe, I've heard so many different theories about Bitcoin creation and who the Satoshi was but that some government is standing behind that is rather unusual.
If that was true don't you think that the path of Bitcoin would have been completely different, probably it would have been institutionized from the begininig, regulated and in service of government benefit.
I would rather believe that satoshi is a craig damn wright than one of the existed govs.
It is possible that satoshi was involved in some top secret development and saw blockchain idea there and brought it up for everyone out there.
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April 30, 2020, 03:11:19 PM
 #413

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Talks about currency, Only Governments can actually created a currency. No one can create currency except for the government and base on my understanding bitcoin was created by government there some point that we ask Who's government create bitcoin.
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April 30, 2020, 03:14:56 PM
 #414

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
Talks about currency, Only Governments can actually created a currency. No one can create currency except for the government and base on my understanding bitcoin was created by government there some point that we ask Who's government create bitcoin.
lol this is cryptocurrency and not fiat,yeah Currency is created by each government but i dont think that this Crypto is also created by them because this is opposite of what government wanted for a currency.

so for me i will never buy the idea of this is not made by private individuals that hated the monetary system of the world.









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April 30, 2020, 05:18:59 PM
 #415

No one knows who Satoshi Nakamoto is.
This is a person, a group of people, a Department of MI6, Mossad, KGB, FSB, FBI, KNP, Putin personally with Obama, or a schoolboy from South Africa.
Is it really important who created btc if it is not the only player on the market and there are hundreds of other cryptocurrencies? Use what you want, who you can trust and who you know all about.
However, then there is a problem-you can not trust anyone. Isn't it my dear crypto-friend?
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June 20, 2022, 07:10:17 PM
 #416

Governments can influence the price of crypto but that's all.
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June 20, 2022, 08:51:49 PM
 #417

According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
OP when you say "conspiracy theory"  then to my understanding I think you are trying to covetingly credit a group or in your words "the government to the creation of Bitcoin as contrary to the wide knowlege of many that it is Satoshi that created Bitcoin.

Regardless of the fact that we don't really know who or what Satoshi represent maybe as a group or agent of the government, it's still not cogent for me to buy the idea as represented by you that Bitcoin could be a means created by governments all in the name of gaining financial strength.

Just have few questions for you based on your theory:
> why would some government(s) in the different parts of the world go on to ban the use of something they probably created?

> Can the governments ho on to creating something that they would not have regulating power on or is the governments that foolish?
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June 21, 2022, 08:03:05 AM
 #418

Quote
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 Satoshi to help the world to reduce hardship and unemployment in the world economy. Bitcoin is a decentralized currency that is not control by the government or neither is it created by any countries of the world. Many countries that made bitcoin legalized in their countries believed that bitcoin was created by Satoshi to help humanity to make their transaction fast and safe in the communities. I think what Satoshi has created for humanity has really helped many countries to fight bad economy in their various countries.

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June 21, 2022, 10:18:38 AM
 #419

In my opinion, if Bitcoin is made by the government, it will be centralized, there is nothing interesting if everything is controlled by the government, what is happening with Bitcoin at this time in my opinion is good, although sometimes the price of dropping up to tens of percent but on the other hand it becomes a good opportunity to buy.

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June 21, 2022, 10:42:10 PM
 #420

The only real posibility I can think of where a government created Bitcoin, it would be like a way to fund inteligence operatives or agents abroad.
Perphaps, it was part of their plan to fund a little community of crypto investors (Bitcointalk) in order to provide the liquidity necessary for a person to exchange FIAT<->Bitcoin, but without being big enough to threat traditional finances, of course it is just a theory.

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