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Author Topic: Discussion: Bitcoin controlled by US government?  (Read 347 times)
orientation112
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July 31, 2017, 01:20:04 PM
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The timing of this post is not intended to influence the upcoming fork and the Segwit activation and in reality it will not have any effect on them.

Someone posted this article to Reddit today and its claims should warrant at least some discussion here. I am relatively new to Bitcoin and I think other newcomers me included would be very interested in hearing what the more knowledgeable people here think about these accusations.


Article is sourced from: http://www.leakcoin.com/
I would urge you to check that out, because it contains videos and other material and overall is more thorough than the plain text below.


Bitcoin Conspiracy Theory & Proof
This is the real Satoshi Nakamoto, he left the Bitcoin Project when US Government took access of Bitcoin's network alert key and main code repo. The US Gov noticed that cryptocurrency was becoming a growing threat to their tax farms, fueled drug trade, and undermined the USD. Satoshi got a visit from Federal investigators, who insisted he collaborate with them. They agreed to keep Bitcoin open source and allow the organization to grow naturally...


US Government has access to Bitcoin's Master Passwords due to NATSEC
Cryptocurrency has the potential to be as destabilizing as a nuke, and it's in a country's best interest to tax and regulate instead of competing with Cryptocurrencies.

These emerging markets challenge the World Bank, and with a relatively small market cap is under threat of bad actors like North Korea and ISIS who have enough in their war chests to buy out the world's Bitcoin supply tomorrow. The US has the root password keys to the Bitcoin project, so other countries aren't able to weaponize prices. If Pentagon was not controlling the master passwords of Bitcoin, it would be the biggest threat to National Security to date.

Satoshi Nakomoto left shortly after our Government started its involvement. He now denies everything, in part likely because the truth of Bitcoin's control would jeapardize Bitcoin's future, as well as the key access being top secret & classified.


Proof & Propaganda — Satoshi Nakamoto Identity Leaks
Independent media hired private investigators who found Satoshi, who long exited the project due to dislike of government involvement. Reporters found him living a modest private life near LA, and when initially confronted did not initially deny his involvement (as reported by initial doxxers).

The story went viral, Satoshi realized his mistake, and released a "cryptic" public statement, in which he categorically denied his involvement in Bitcoin, stated he worked as an engineer for a Government contractor, but also admitted that during 2009-2010 he was self employed but did not specify what he was doing other than the fact that he had nothing to do with Bitcoin.

The video on the right hand panel is Satoshi's official statement, in which he denies any connection with Bitcoin, but cites involvement as an Engineer with an unnamed US Government Contractor.


David Andersen - Potential NSA Plant?
Took over Bitcoin after Satoshi - Gavin's comments on the LTB podcast #217 (iirc) are very telling. He implies that people would be more worried if other governments than their own had some control over Bitcoin. There isn't much information about his past which creates a lack of proof of past connections, currently an evangelist for Bitcoin with a globalist agenda who has become one of the biggest cryptocurrency players despite seemingly appearing up out of nowhere in 2010 to work alongside Satoshi on Bitcoin


False Flag Craig Wright
Whether he is an Intelligence Officer or an actor hired by Satoshi, Australian Craig Wright is not the founder of Bitcoin. He failed to provide any proof but claimed to be Satoshi. His job is to missinform the public by muddying the waters for the general public. Part of the reason behind the speculation is that he was able to instantly gain the ear of the Mainstream Media despite have no proof whatsoever for his claims, which was not forthright mentioned in his interviews.


Eastern Promises: Alexander Vinnik's Kremlin Ties (Putin's Laundromat)
The arrest of Russian national and fall guy Alexander Vinnik in Greece for tax evasion charges in the US, shows a massive vested interest that the US has against crimes that undermine BTC.

Vinnik had ties to the Kremlin, which was possibly behind other exchange hacks to undermine the US's position in BTC It is a possibility that the new US sanctions on Russia, for which 855 US diplomatic workers that were expelled out of Russia were triggered by Vinniks connections to the Kremlin.

The US sanctions were retaliation for Kremlins involvement in hacking Bitcoin exchanges, which hurt the US Gov Bitcoin interest.
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July 31, 2017, 01:28:04 PM
 #2

Thank you for the entertaining FUD and complete nonsense.

Your attempt to troll was mildly amusing.

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July 31, 2017, 01:42:19 PM
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Instead of accusing me as a troll, would it be sensible to assess risks, no matter how outrageous they seem to be, instead of ignoring them?

-Are you familiar with the history of US intelligence agencies, how they cooperate with software companies, telecom operators and the media?
-Do you also take similar stance towards people who pose critical questions towards companies you have invested in?

Although I am relatively new to Bitcoin, I have invested enough to care about its potential risks.
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July 31, 2017, 01:47:16 PM
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Doesn't seem very plausible to me. Bitcoin as a decentralized system is just not very likely to be controlled by anyone in a kind of centralized way.

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July 31, 2017, 01:52:44 PM
 #5

So,

Craig Wright, claiming to be Satoshi, is not Satoshi because he "failed to provide any proof".

Yet Dorian Nakamoto is Satoshi, even though he also failed to provide any proof?

Such conclusions lack logic.

Additionally, there is no such thing as a "Master Password" for Bitcoin.  Bitcoin is based on well understood mathematics behind ECDSA cryptographic functions.  The math and functions have not been modified since the creation of Bitcoin.  As such, there is no "Master Password" that can be turned over to anyone.  That's not how math works.

Bitcoin is controlled by open source software.  Any developer can see exactly how it works.  Anyone can compile the code and run it themselves.  The U.S. government hasn't hidden anything in that code.  If they had, I and thousands of other programmers in countries all over the world would have noticed it and pointed it out by now.

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July 31, 2017, 01:53:53 PM
 #6

The timing of this post is not intended to influence the upcoming fork and the Segwit activation and in reality it will not have any effect on them.

Someone posted this article to Reddit today and its claims should warrant at least some discussion here. I am relatively new to Bitcoin and I think other newcomers me included would be very interested in hearing what the more knowledgeable people here think about these accusations.


Article is sourced from: http://www.leakcoin.com/
I would urge you to check that out, because it contains videos and other material and overall is more thorough than the plain text below.

Bitcoin Conspiracy Theory & Proof
This is the real Satoshi Nakamoto, he left the Bitcoin Project when US Government took access of Bitcoin's network alert key and main code repo. The US Gov noticed that cryptocurrency was becoming a growing threat to their tax farms, fueled drug trade, and undermined the USD. Satoshi got a visit from Federal investigators, who insisted he collaborate with them. They agreed to keep Bitcoin open source and allow the organization to grow naturally...


US Government has access to Bitcoin's Master Passwords due to NATSEC
Cryptocurrency has the potential to be as destabilizing as a nuke, and it's in a country's best interest to tax and regulate instead of competing with Cryptocurrencies.

These emerging markets challenge the World Bank, and with a relatively small market cap is under threat of bad actors like North Korea and ISIS who have enough in their war chests to buy out the world's Bitcoin supply tomorrow. The US has the root password keys to the Bitcoin project, so other countries aren't able to weaponize prices. If Pentagon was not controlling the master passwords of Bitcoin, it would be the biggest threat to National Security to date.

Satoshi Nakomoto left shortly after our Government started its involvement. He now denies everything, in part likely because the truth of Bitcoin's control would jeapardize Bitcoin's future, as well as the key access being top secret & classified.



Proof & Propaganda — Satoshi Nakamoto Identity Leaks
Independent media hired private investigators who found Satoshi, who long exited the project due to dislike of government involvement. Reporters found him living a modest private life near LA, and when initially confronted did not initially deny his involvement (as reported by initial doxxers).

The story went viral, Satoshi realized his mistake, and released a "cryptic" public statement, in which he categorically denied his involvement in Bitcoin, stated he worked as an engineer for a Government contractor, but also admitted that during 2009-2010 he was self employed but did not specify what he was doing other than the fact that he had nothing to do with Bitcoin.

The video on the right hand panel is Satoshi's official statement, in which he denies any connection with Bitcoin, but cites involvement as an Engineer with an unnamed US Government Contractor.



David Andersen - Potential NSA Plant?
Took over Bitcoin after Satoshi - Gavin's comments on the LTB podcast #217 (iirc) are very telling. He implies that people would be more worried if other governments than their own had some control over Bitcoin. There isn't much information about his past which creates a lack of proof of past connections, currently an evangelist for Bitcoin with a globalist agenda who has become one of the biggest cryptocurrency players despite seemingly appearing up out of nowhere in 2010 to work alongside Satoshi on Bitcoin



False Flag Craig Wright
Whether he is an Intelligence Officer or an actor hired by Satoshi, Australian Craig Wright is not the founder of Bitcoin. He failed to provide any proof but claimed to be Satoshi. His job is to missinform the public by muddying the waters for the general public. Part of the reason behind the speculation is that he was able to instantly gain the ear of the Mainstream Media despite have no proof whatsoever for his claims, which was not forthright mentioned in his interviews.



Eastern Promises: Alexander Vinnik's Kremlin Ties (Putin's Laundromat)
The arrest of Russian national and fall guy Alexander Vinnik in Greece for tax evasion charges in the US, shows a massive vested interest that the US has against crimes that undermine BTC.

Vinnik had ties to the Kremlin, which was possibly behind other exchange hacks to undermine the US's position in BTC It is a possibility that the new US sanctions on Russia, for which 855 US diplomatic workers that were expelled out of Russia were triggered by Vinniks connections to the Kremlin.

The US sanctions were retaliation for Kremlins involvement in hacking Bitcoin exchanges, which hurt the US Gov Bitcoin interest.

Like all conspiracy theories, the correct answer to this... maybe? But for real, I do not find this to be a realistic assertion. The point of BTC is that it is decentralized. You can not control bitcoin because the bitcoin chain regulates itself through miners.

Now, does the US government know who satoshi is and have they contacted him for access to what he knows. Well this is probably true. But you have to take this with a grain of salt. Many of these conspiracy theories are based on the government being an all-knowing and unstoppable force. They aren't, and you believing they are only helps strengthen the bullshit they do.

Honestly, bitcoin is the best chance we have as citizens to stand up to the government. The more people that adopt this decentralized currency the better our chances to shake the US government off our backs.

-HC
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July 31, 2017, 01:54:54 PM
 #7

See this is what I was talking about! Fud! They (Venture Capitalist financiers) just want you to panic sell today. Don't do it!

Everyone should expect a lot more of this kind of Fud today! They want to turn Bitcoin Talk into a dumpster fire don't let them do it!

Bitcoiners Hodl

(I am a 1MB block supporter who thinks all users should be using Full-Node clients)
Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us.
Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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July 31, 2017, 02:00:24 PM
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People still waste time on such FUD! Roll Eyes
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July 31, 2017, 02:21:25 PM
 #9

All the governments including the US government have tried their best in the past to destroy bitcoin but they failed to do it.Even china and russia had tried their best to ban bitcoins and at last,they started regulating bitcoins.All the things are just FUD trying to destabilize bitcoin but bitcoin has reached now far high than the reach of bitcoin haters.It has revolutionized the world economy.Whatever is done,bitcoin is unstoppable.
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July 31, 2017, 03:06:32 PM
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Thank you for the entertaining FUD and complete nonsense.

Your attempt to troll was mildly amusing.

Hey, when you remember that CIA also created tor network, it's not really impossible. Cheesy Ignore the OPs post but it can have some logic behind it.
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July 31, 2017, 03:19:46 PM
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It seems that it is not true that bitcoin in US government control, bitcoin can not be controlled, because it all depends on the users bitcoin itself that determines the price also its users according to the law of the market demand up the price also go up
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July 31, 2017, 03:29:37 PM
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Hey, when you remember that CIA also created tor network,

It was not.  It was created by the United States Naval Research Laboratory for use by the military for protecting U.S. intelligence communications online.

it's not really impossible . . . it can have some logic behind it.

What's not impossible?  Dorian being Satoshi? The U.S. having a Bitcoin "Master Password"?  Nonsense.

What would they do with that Master Password?  There is nothing password protected in the blockchain. It would be useless.

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