Bitcoin conspiracy theories

[hilariousandco]

I heard that Max Keiser might actually be Satoshi Nakamoto!

Probably started by Alex Jones.

I actually saw an interview with Alex Jones and Max Kaiser where he accused Max of being Satoshi Nakamoto and making Bitcoin to get back at people for something or other that happened to him back in the day, I lol'd

Haha, yeah saw that too. I like watching Alex Jones' youtube vids cos I find him entertaining, but obviously he about 95% full of shit.

[Lethn]

I hardly watched it really, I was only interested in it because of Max Kaiser.

[hilariousandco]

I hardly watched it really, I was only interested in it because of Max Kaiser.

Same really. I only occasionally watch a few of his youtube vids when something interests or appeals to me. I wanted to see how he'd react to Kieser, because Jones has said previously he thinks Bitcoins is created by the globalist agenda, but then again he says that about everything  .

[nodroids]

This stuff is fun. Overall, a generally useful principle is that bitcoin is too useful to too many interests, not to be used for one strategy or another. Even institutions that are against it will have some members of the institution who are invested in it. Thus bitcoin will have 'double agents'. 

Institutions that are against it will probably use it once in a while for some smaller tactic in their broader strategy, even if to defeat it. That's a big part of why bitcoin is here to stay.

Also, even if the banksters get some states to throw BTC traders in jail, that itself will make it clear to people that their life savings are not safe in the banks. People will risk jail for their life savings, especially if it is more certain that they can end up in the poor house than the jail house. It can be hard to prove people trade BTC if you're careful about it.

[exocytosis]

It has long been known that there's a turf war between the NSA and the CIA.

We also know that Satoshi left the Bitcoin project as soon as Gavin revealed he was visiting the CIA. Gavin even stated publically that this very fact probably was the reason Satoshi left. And Gavin's revelation came right after he received the alert keys from Satoshi.

So why did Satoshi seemingly become so angry that he apparently left the Bitcoin project for good? Was it perhaps because Satoshi worked for the NSA all along? And when Gavin revealed he was visiting the NSA's arch enemy, the CIA, Satoshi realized the Bitcoin protocol would be compromised in some way? Or maybe Satoshi just was a true cypherpunk all along. Either way, he didn't seem to like the fact that Gavin visited the CIA.


Edit: For some reason, the forum seems to break that link. So I'll try posting it like this instead: http://jonrappoport.wordpress.com/2013/06/13/did-the-cia-give-the-nsa-documents-to-ed-snowden/

[Trance]

Sorry if this destroys your world view OP, but there is no "backdoor" in SHA256, its a public known and tested algorithm.  One might be able to put a backdoor into an implementation or application based on it, or in a random number generator seeding the algorithm, but the algo itself is sound.  Also, China isn't going to become gold backed, their currency and entire economy is export driven and backed by sales of goods to the west, so they wind up owning lots of our currency (and assets).

OH... REALLY :-)...

http://www.vdschagt.com/bitcoin-surprisingly-dodges-cryptographic-bullet/

Even thought its not connected to bitcoin directly, (it doesnr affect him), its nice to see that all your crypto encryption fate isnt that strong (or rather correct)...

EDIT: Alex Jones is probably a CIA asset or in other words "fake" (and also has a nice business ripping people of), if you didnt realize it yet, you are doomed.

I haven't seen any evidence supporting that he's a CIA asset, but he does seem to be making a decnt living off peddling his paranoia products.

Alex Jones is just a patsy! Hes a venture capitalist with his entire advertising profits! Alex Jones talks just to talk!

[Anon136]

Sorry if this destroys your world view OP, but there is no "backdoor" in SHA256, its a public known and tested algorithm.  One might be able to put a backdoor into an implementation or application based on it, or in a random number generator seeding the algorithm, but the algo itself is sound.  Also, China isn't going to become gold backed, their currency and entire economy is export driven and backed by sales of goods to the west, so they wind up owning lots of our currency (and assets).

OH... REALLY :-)...

http://www.vdschagt.com/bitcoin-surprisingly-dodges-cryptographic-bullet/

Even thought its not connected to bitcoin directly, (it doesnr affect him), its nice to see that all your crypto encryption fate isnt that strong (or rather correct)...

EDIT: Alex Jones is probably a CIA asset or in other words "fake" (and also has a nice business ripping people of), if you didnt realize it yet, you are doomed.

I haven't seen any evidence supporting that he's a CIA asset, but he does seem to be making a decnt living off peddling his paranoia products.

cmon man. say what you want about alex jones but you cant possibly tell me that you think drinking sodium fluoride is a good idea.

[pening]

cmon man. say what you want about alex jones but you cant possibly tell me that you think drinking sodium fluoride is a good idea.

Probably not, however the debate is largely a proxy for what source of information you trust, and the vast majority of those shouting about probably don't even have it in their water.  Its only used in a very selective number of water supplies, which means as a source of mind/population control its pretty arbitrary and no mean universal.  There's an awful lot of unattributed claims made, which are repeated across the internet as if truth, but dig and no source can be found.

[yatsey87]

We also know that Satoshi left the Bitcoin project as soon as Gavin revealed he was visiting the CIA. Gavin even stated publically that this very fact probably was the reason Satoshi left. And Gavin's revelation came right after he received the alert keys from Satoshi.

Source on this?

[Mikcik]

And so... do you belive in the "dollar" collapse in the next few yers? (collapse could mean even losing a lot of its value suddenly).

What would it do with the bitcoin price? I think it would move up...?

[hilariousandco]

Sorry if this destroys your world view OP, but there is no "backdoor" in SHA256, its a public known and tested algorithm.  One might be able to put a backdoor into an implementation or application based on it, or in a random number generator seeding the algorithm, but the algo itself is sound.  Also, China isn't going to become gold backed, their currency and entire economy is export driven and backed by sales of goods to the west, so they wind up owning lots of our currency (and assets).

OH... REALLY :-)...

http://www.vdschagt.com/bitcoin-surprisingly-dodges-cryptographic-bullet/

Even thought its not connected to bitcoin directly, (it doesnr affect him), its nice to see that all your crypto encryption fate isnt that strong (or rather correct)...

EDIT: Alex Jones is probably a CIA asset or in other words "fake" (and also has a nice business ripping people of), if you didnt realize it yet, you are doomed.

I haven't seen any evidence supporting that he's a CIA asset, but he does seem to be making a decnt living off peddling his paranoia products.

cmon man. say what you want about alex jones but you cant possibly tell me that you think drinking sodium fluoride is a good idea.

Breathing in polluted air and eating most foods isn't a good idea either and probably all gives you cancer.

[runam0k]

I think we'll never get to know satoshi  

Which is a bizarre thought, really, to think that we may have a global remittence system in play with no known inventor. Which makes me think Satoshi is or was part of the NSA or similar and everything we need to know is tucked away in a file somewhere (the type of file that isn't automatically disclosed after a certain amount of time).

Maybe one day his coins will start moving and we'll find out who or what he is.

TBH I wonder if Bitcoin would be easier to swallow for the general public if there was a face behind it. It's tough enough to grasp without all the mystery surrounding its development.

[exocytosis]

Here's the post where Gavin revealed he was gonna visit the CIA: https://bitcointalk.org/index.php?topic=6652.0

This is what Gavin said:

"I think the goals of this project are to create a better currency, create a more competitive and efficient international payment system, and give people more direct control over their finances.  And I don't think any of those goals are incompatible with the goals of government."

And here's a Satoshi quote:

"Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years. Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own."

No disagreement there, I guess ...

[nodroids]

The only proposed complete solution is Participatory Economics by an MIT Physicist - Michael Albert - who got kicked out of MIT for being one of the most radical revolutionaries in the 1960s. Check it out, it's the first methodology for political economy probably ever.
Communism described end goals, they were NEVER ever even just a little close to any communism in the Soviet Union, the Communist Party of Russia never even claimed to have achieved communism, in fact they only claimed to "be on the road to socialism". READ actual history before you using big terms in blanket ways, alluding to big ideas and huge historic movements. AMERICANS please read the real stuff, read Marx, he really just defined capitalism (Capital is over 3000 pages, Communist manifesto where he pontificated on what a communist society might look like, was 2 pages... Hmm, maybe the real value of Marx was in the 3000 pages where he defined capitalism). READ! Watching youtube does not count as learning, um, not really close. If you claim to be a "libertarian", read Hayek, start at Price & Equilibrium, 1927. If you actually care, if you would like to think yourself a revolutionary, then a revolutionary forges his head into the hands of his heart (no stealsies! on that quote).
And "Libertarian" btw, comes from Parisian anarchists who believed that a free community could only exist without wage slavery (they were the closest to a historic socialism where communities would plan their own economies, not through a coordinator class, but for themselves).
The concept of free market is a joke, just look at bitcoin... Monopoly-oligopoly happens immediately in all markets. Even Hayek admitted that a free market would tend towards monopoly and that's why you needed the state, to break up monopolies, but of course that is circular, the gov and the monopoly become one and the same.

[davesacritic]

I am interested in how the OP came to idea of conspiracy #4. I independently came to the same theory myself and found this post by Googling my theory to see if anyone else had came up with the same.

Now that I have found this post and several others I think of it less as a conspiracy. I believe there is some truth to this. Distilled, it is simply: Bitcoin was invented to replace all existing fiat money currencies once they collapse (and collapse they will) - just look Money as Debt youtubehttp://www.youtube.com/watch?v=jqvKjsIxT_8

edit: Oh - and we can't go back to gold - it is too cumbersome in today's digital economy.  Alternate theory is bitcoin and any other previous attempts at crypto-currency are actually *experiments* to see how the economy might work with a single global currency and how humans could come to trust this system before it is actually NEEDED in a hurry (once fiat currencies collapse). Bitcoin is the latest and seems to actually be getting some real traction - Virgin and coffee shops are accepting bitcoin already. Just in time I think as currency collapse is perhaps just around the corner... who knows - Bitcoin could become the new default global currency simply because it's the current front runner at the time of collapse... Perhaps I should buy some... even just one. One of something is better than a million of nothing...

[hologram]

Hi,

In the Europe middle age lord and king emitted their own currency and while they was too indebted they just create a new and payed their debt with worthless money.

Bitcoin maybe just that, a system to pay debt with worthless dollar.

[QuestionAuthority]

Necrospiracy theories.

[ezimedia]

What if the USA government... made bitcoin as part of their plan to make a one world currency.. and one world power...

LOL I have been watching to many youtube videos I guess.

Still has to make you think....

Did you hear Bush Senior... say he wants a new world order... hmmmm

I am going to put my ear muffs back on... sounds better that way

really wow... the people in the usa... have you been watching what is happening and what your government is working on...

There is mass movement of military stuff.. and they bought 1.2 billion dollars worth of bullets just last year...

Enough ammo to run a war for 20 years. do you know why they did that..

Not to fight... another country... look deep and research a bit...what is happening over there is like scary and crazy..

And the normal people over there call Preppers mad (see that dude he just bought 5k food that will last for 2 years)

LOL you bought and invested in btc and other coins and gold , silver and stuff...

Really... YOUR USA DOLLAR IS SHIT YOUR USA GOV DOES NOT OWN ANY GOLD since 1934

China Owns 10% of the usa debt...

Ok... last thing I am saying .... pre 1934-1936 Germany was making camps.. the USA has now over 500 camps... rdy..

Just do your research...

The only ways ... for this not to happen is you do your own research.....

[tilray]

We are looking for some interesting stories over at http://cryptoconspiracy.com/
Feel free to share any conspiracy story you got relating to crypto

[counter]

OP is a bit of a conspiracy theorist if you ask me and not that their is anything wrong with that.  I'm not going to believe that some American agency decides to create Bitcoin mainly because they wouldn't have a clue if it was going to take off.  Also it goes against everything the current system stands for and anybody able to read code can verify what is what.  Therefore they would need to figure out how to best control a uncontrollable system.  Unless ofcourse they have a Backdoor built in as the OP suggests which from what I've read on this forum isn't likely the case.

I will add that the average person isn't a coder so this is all very foreign to them and that would make sense from that perspective.  I just find it very far fetched that they would implement a system that clearly points out all the flaws of the current system and also wakes up the masses to these issues.  For me it's likely that someone who could see the writings on the wall felt it was a very good time to introduce Bitcoin(maybe even before they could..) to the world and wait to see what will happen.  I'm just not able to believe it is a grand scheme to take over the power from China when they are so used to going to war this just doesn't seem like their M.O.