You are viewing a single comment's thread from:
RE: Who created Bitcoin? Hint: It's not who you think... (Part 2)
Interesting idea, but I do not think it was the US government as the current monetary system works too well for them. The governments needs the money created by inflation to finance it's debts.
It could be a rival government like China of Russia who wanted to create a rival to the dollar.
What makes me think it was a group of people is the deflationary aspect built in the currency. Value preservation is a priority for individuals, not governments. The group could have been backed by high worth individuals as these would definitely benefit from an instrument like bitcoin. This would explain where the original ressources came from.
Those were some of my reservations as well. The US is currently enjoying a huge advantage over the rest of the world by having their currency as the world's reserve currency. It is certainly possible that a country or two got together and said lets figure out a way to even the playing field for the rest of us...
I agree on you erlik, China would be more likely. Still there are arguments, the US is in deep debt to China and the US $ is basically controlled by china. China could flood the market with their $$'s. US finance would be in deep crisis and the US-Dollar no longer the global lead currency.