Bitcoin might have been a FAILED experiment by the NSA - How funny would that be

[BitPotus]

Without any proofs, all these ideas are nothing more but conspiracy theories. "Bitcoin was created by aliens", "Bitcoin was created by AI" and so on: I've seen a lot of them on this forum. It's just a waste of time to talk about Bitcoin's origin if you don't back it by some evidence. Bitcoin was reviewed by thousands of experts and so far no one has found any backdoors, this is what really is important, not who created it.

here's a crazy "conspiracy theory" just for you...Bitcoin is an Interdimensional currency 

Even though I do enjoy a good little conspiracy meself, i think that whoever wrote this is kuku...

https://steemit.com/science/@ackza/we-should-get-excited-about-bitcoins-and-the-field-of-ufos-extra-terrestrials-alex-collier-david-wiilcock-and-here-s-a-lecture-i

[1715598644]

1715598644

[1715598644]

1715598644

[1715598644]

1715598644

[1715598644]

1715598644

[1715598644]

1715598644

[1715598644]

1715598644

[johnethearn]

Bitcoin is at the best position in the crypto market. However, Cripto will have to be more advanced to control. It has to be expanded and people should reach the borders. I think Bitcoin can do it. Because it's built using advanced blockchain technology.

[ShutterTeeth]

This sort of speculations and rumors are nothing new. Due to freedom of speech we can imagine whatever we like to and convey the thoughts among others. However, I would only like to look at the positive side of Bitcoin establishing itself as a better transaction instrument than fiat money slowly but surely.

[FunZedCrypto]

That is a really good theory to be honest. I like to read such conspiracy theories available on the web but would have prefered it more if you added some credibility to it. Anyways, I am good with my Bitcoins as long as they prove to be worthy investment and a better alternative to fiat currencies.

[Kakmakr]

Proprietary code and one single country controlling all the nodes on a global decentralized financial network? That doesn't sound about right and contradicts itself by the way. I don't know how the NSA would have arranged for a lot of nodes to be set up in multiple locations around the world either. And in the presence of China who are probably USA's greatest economic enemies the NSA wouldn't have had the resources to stop a 51% network attack should China have decided to pull the plug on the global network. Ironically China have the most hashing power nowadays and can literally control the fate of Bitcoin. This theory sounds too far-fetched to me, and even if it had a shred of truth and Satoshi Nakamoto was a rouge government agent I guess he wouldn't be among the living right now.

One possible scenario could have been that they wanted to keep the code proprietary and that they wanted to control all the nodes. <Like these Private Blockchain fools are trying to implement Bitcoin> They would then have full control over the decentralized network and also over the code that are being used. {Their goal for a decentralized, privately owned financial network could have been improved security.}

Fortunately the source code could have been leaked prior to it being implemented, because the person saw the dangers in having a digital version of Fiat currencies and then people started to run their own nodes, making it unstoppable.

You got to think outside of the box, when you come up with wild theories like this.  

[nutildah]

Without any proofs, all these ideas are nothing more but conspiracy theories. "Bitcoin was created by aliens", "Bitcoin was created by AI" and so on: I've seen a lot of them on this forum. It's just a waste of time to talk about Bitcoin's origin if you don't back it by some evidence. Bitcoin was reviewed by thousands of experts and so far no one has found any backdoors, this is what really is important, not who created it.

here's a crazy "conspiracy theory" just for you...Bitcoin is an Interdimensional currency 

Even though I do enjoy a good little conspiracy meself, i think that whoever wrote this is kuku...

https://steemit.com/science/@ackza/we-should-get-excited-about-bitcoins-and-the-field-of-ufos-extra-terrestrials-alex-collier-david-wiilcock-and-here-s-a-lecture-i

I like it but I'm not spending any buying shit from other dimensions without knowing how the shipping works.

I would think that once fully-capable quantum computers are a real thing it might put BTC's security at risk, meaning we'd have to develop a quantum-proof coin (I remember seeing the term "quantum resistant" thrown around by some other coins but it sounds like utter horseshit).

[eternalgloom]

I'm personally a big fan of conspiracy theories, not that I believe most of them, I just like reading a good story.
I've always thought that a currency with an open ledger, like Bitcoin, could be a 'great' tool for governments to easily monitor people's finances.

It wouldn't be too far fetched to think that cryptocurrency could be an initiative from intelligence agencies to radically change the financial system.

On the other hand, it could also just be the creation of one person who just got fed up with the economic crisis and the current banking system.

It's all just speculation...

[Kakmakr]

I'm personally a big fan of conspiracy theories, not that I believe most of them, I just like reading a good story.
I've always thought that a currency with an open ledger, like Bitcoin, could be a 'great' tool for governments to easily monitor people's finances.

It wouldn't be too far fetched to think that cryptocurrency could be an initiative from intelligence agencies to radically change the financial system.

On the other hand, it could also just be the creation of one person who just got fed up with the economic crisis and the current banking system.

It's all just speculation...

I was hoping that someone could debate the merit of such a scenario. <The technical side of this theory> Would a government have specialist that would be capable of developing something like this?. I know the NSA developed SHA256 right, so it could be easy for them to brainstorm and come up with a concept like this. 

Will they develop something in a proprietary language or open source?

[freighttrain]

It would be really funny. That might be true. I've never thought about something like that before 

[Jet Cash]

Why do you think it is a failed experiment? They've had a load of great programmers experimenting and developing the system, and all this code is open source. They put limits in the system that prevents it from ever growing large enough to achieve world dominance. Now they are moving in with their banking instruments to soak up most of the Bitcoin to take it away from the general public.

What a great system! Now we can wait to see what they develop out of the free code they won.

[kulsuma]

That was quite humorous of you, but yes I wouldn't be surprised if it was created to gain ultimate control. However Bitcoin is like a bridge between the digital system and traditional system. Being the starter of cryptocurrency it still has maintained to hold its position of being the most trusted and reliable cryptocurrency, making a huge number of people financially independent till now, that's what is remarkable and will always be.