Bitcoin was made by CIA or NSA

[Lionel]

Among all the Satoshi Nakamoto's identity theories, this is what i believe the most: https://bitcoinist.com/kaspersky-labs-co-founder-says-bitcoin-created-american-intelligence-agencies/

https://dollarvigilante.com/blog/2016/05/05/im-starting-think-cia-developed-bitcoin-still-love.html

https://metro.co.uk/2018/06/15/nsa-helped-invent-bitcoin-founder-worlds-second-largest-cryptocurrency-ethereum-claims-7631719/

That's why countries like Russia and China banned bitcoin, while USA is allowing it to prosper unhindered.

After all, if the gov hated bitcoin so much then it was very easy for them to take it down:
they may just arrest/blackmail the devteam/distributors of Bitcoin,
and/or block the bootstrap node IPs that the BTC wallets require to join the network when they are launched.

It would be that easy

[QuestionAuthority]

Among all the Satoshi Nakamoto's identity theories, this is what i believe the most: https://bitcoinist.com/kaspersky-labs-co-founder-says-bitcoin-created-american-intelligence-agencies/

https://dollarvigilante.com/blog/2016/05/05/im-starting-think-cia-developed-bitcoin-still-love.html

https://metro.co.uk/2018/06/15/nsa-helped-invent-bitcoin-founder-worlds-second-largest-cryptocurrency-ethereum-claims-7631719/

That's why countries like Russia and China banned bitcoin, while USA is allowing it to prosper unhindered.

After all, if the gov hated bitcoin so much then it was very easy for them to take it down:
they may just arrest/blackmail the devteam/distributors of Bitcoin,
and/or block the bootstrap node IPs that the BTC wallets require to join the network when they are launched.

It would be that easy

So what, American intelligence agencies created cryptography itself. Does that mean we shouldn’t use it at all? The American war machine created GPS technology. Does that mean I should stop using the maps app on my phone to look up addresses and guide me to them?

Sweetheart, I got some really bad news for you. Military establishments and governments have created most of the really cool useful shit throughout known history. Without the U.S. government there would be no internet for me to tell you this. LOL

[Lionel]

@QuestionAuthority You're right about cryptography and other tech stuff being useful for us.

But about Bitcoin, i feel it's something controlled by the gov, in that they they can:

- plug it off whenever they want, for the reasons i outlined at the end of my first post

- control its price via centralized exchanges like Bitstamp, Coinbase, etc. That's one of the things Natalya Kaspersky said

So i don't see BTC as a tool for monetary freedom anymore, as i used to do.
BTC is not value that is fully in our hands like gold/silver are.

It may be fun and useful for speculators and the many crypto-based applications that are coming out, for sure.

But it is not as "rebellious" against the monetary sovereignty as i thought it to be.

[QuestionAuthority]

@QuestionAuthority You're right about cryptography and other tech stuff being useful for us.

But about Bitcoin, i feel it's something controlled by the gov, in that they they can:

- plug it off whenever they want, for the reasons i outlined at the end of my first post

- control its price via centralized exchanges like Bitstamp, Coinbase, etc. That's one of the things Natalya Kaspersky said

So i don't see BTC as a tool for monetary freedom anymore, as i used to do.
BTC is not value that is fully in our hands like gold/silver are.

It may be fun and useful for speculators and the many crypto-based applications that are coming out, for sure.

But it is not as "rebellious" against the monetary sovereignty as i thought it to be.

You do know that bitcoin is open source, right? Not just the wallet software but also the protocol that controls the network.

[Daniel91]

Among all the Satoshi Nakamoto's identity theories, this is what i believe the most: https://bitcoinist.com/kaspersky-labs-co-founder-says-bitcoin-created-american-intelligence-agencies/

https://dollarvigilante.com/blog/2016/05/05/im-starting-think-cia-developed-bitcoin-still-love.html

https://metro.co.uk/2018/06/15/nsa-helped-invent-bitcoin-founder-worlds-second-largest-cryptocurrency-ethereum-claims-7631719/

That's why countries like Russia and China banned bitcoin, while USA is allowing it to prosper unhindered.

After all, if the gov hated bitcoin so much then it was very easy for them to take it down:
they may just arrest/blackmail the devteam/distributors of Bitcoin,
and/or block the bootstrap node IPs that the BTC wallets require to join the network when they are launched.

It would be that easy

It's just another conspiracy theory, nothing else.
There is no proof for it and no real reason why CIA or NSA will do something like this.
Also, are you sure that they will not try to stop bitcoin in the future?
You are just speculate here without any concrete info.

[smartbitcoininvestor]

It's probably one of the three FBI, NSA or CIA. Satoshi could also be a random computer programmer or someone who works at a large corporation like Mark Zuckerberg.

[hatshepsut93]

That's why countries like Russia and China banned bitcoin, while USA is allowing it to prosper unhindered.

Russia hasn't banned Bitcoin, they are sending mixed signals that tend to be negative as of late. As for China, they are also not completely against it and we are also getting mixed signals.

But also there's a simple explanation why certain countries are against Bitcoin - those countries are usually very authoritarian, they like to control everything, they attack the Internet, so it shouldn't be suprising that they aren't fans of Bitcoin. And Western countries tolerate Bitcoin because they actually have laws and principles, although they can easily decide to ban it in the future if there will be need.

[rodalutor]

Why can there not be an in between, it's not like the US has been entirely supportive and nurturing with bitcoin. Maybe they're just not completely against it (land of the free and all) but not really that for it, because they didn't create it. What motive would they have for creating a currency to challenge the US dollar, the very thing that allows the US to thrive.

[Diced90]

It's probably one of the three FBI, NSA or CIA. Satoshi could also be a random computer programmer or someone who works at a large corporation like Mark Zuckerberg.

I don't think that government supportive bodies would create a network which would go against all governmental regulations. I think whoever created it was tired of seeing how every government can be corrupt.

[MainIbem]

Anything is possible. After all the identity of the creator is unknown. And it is very possible also that the creator can pull it down one day. Recently, it has happened to PRL (oyster pearl) where the creator had withdrawn most of the coin from the exchanges.
Yes, it looks more like conspiracy theory but it can happen.

[Lionel]

@QuestionAuthority You're right about cryptography and other tech stuff being useful for us.

But about Bitcoin, i feel it's something controlled by the gov, in that they they can:

- plug it off whenever they want, for the reasons i outlined at the end of my first post

- control its price via centralized exchanges like Bitstamp, Coinbase, etc. That's one of the things Natalya Kaspersky said

So i don't see BTC as a tool for monetary freedom anymore, as i used to do.
BTC is not value that is fully in our hands like gold/silver are.

It may be fun and useful for speculators and the many crypto-based applications that are coming out, for sure.

But it is not as "rebellious" against the monetary sovereignty as i thought it to be.

You do know that bitcoin is open source, right? Not just the wallet software but also the protocol that controls the network.

Correct.
Being open source lets the project be taken over by another team eventually.
But still, we don't have a solution for the ban on the bootstrap nodes.

Anyway, if the Cashless Society nightmare comes true one day, i certainly would not keep all my savings in crypto, but i would differentiate :
40% crypto, 40% gold & silver , 20% something else ( valuable goods or other things i don't know yet ).

When there is some degree of uncertainty on something, like the future of crypto , i think the best solution is to differentiate.
And precious metals , like it or not, are always one of the most popular options for the "preppers".

[Lizzylove1]

I have shared same suspicion in my many reasoning on why the bitcoin is allowed unhindered in the States. Nevertheless, if it's the CIA or the NSA that actually created it as the conspiracy theorem proposed, then they have done another wonderful job to the uplifting  of human lives. Boy!, this means even the task master "the government" love the people. No one can dispute the fact that the USA with the backing of the Jewish remains the greatest nation on earth.

[odolvlobo]

...
But still, we don't have a solution for the ban on the bootstrap nodes.
...

Banning the hard-coded seed nodes can't stop -seednode=<ip> or -connect=<ip> with a friend's IP on the command line

[Dean Collins]

lol. and what ? Should I stop using it now? Americans invented a lot of things, which takes 75% of your entire life.

[kelaxo76r]

Theory says Bitcoin is a project of American intelligence agencies, which was designed to provide quick funding for US, British and Canadian intelligence activities in different countries. The technology is 'privatised,' just like the Internet, GPS and TOR. In fact, it is dollar 2.0. Its rate is controlled by the owners of exchanges.

[alani123]

There had been too much speculation about bitcoin's origin but this is the most unlikely I think. It tries to paint Bitcoin in a negative light, but to me fails miserably.

What we actually know, is that US authorities did have an active involvement in advancing cryptography. If you try and connect that with Bitcoin (pretty weak connection if you ask me) then congrats detective. But just because part of an open technology Bitcoin used was supervised by authorities at it early stages doesn't mean much.

[QuestionAuthority]

@QuestionAuthority You're right about cryptography and other tech stuff being useful for us.

But about Bitcoin, i feel it's something controlled by the gov, in that they they can:

- plug it off whenever they want, for the reasons i outlined at the end of my first post

- control its price via centralized exchanges like Bitstamp, Coinbase, etc. That's one of the things Natalya Kaspersky said

So i don't see BTC as a tool for monetary freedom anymore, as i used to do.
BTC is not value that is fully in our hands like gold/silver are.

It may be fun and useful for speculators and the many crypto-based applications that are coming out, for sure.

But it is not as "rebellious" against the monetary sovereignty as i thought it to be.

You do know that bitcoin is open source, right? Not just the wallet software but also the protocol that controls the network.

Correct.
Being open source lets the project be taken over by another team eventually.
But still, we don't have a solution for the ban on the bootstrap nodes.

Anyway, if the Cashless Society nightmare comes true one day, i certainly would not keep all my savings in crypto, but i would differentiate :
40% crypto, 40% gold & silver , 20% something else ( valuable goods or other things i don't know yet ).

When there is some degree of uncertainty on something, like the future of crypto , i think the best solution is to differentiate.
And precious metals , like it or not, are always one of the most popular options for the "preppers".

Open source means no one can take it over without someone seeing it.

You do know you already live in a cashless society, right?  Diversification is always a good idea.

Preppers are loonatics that watch too many zombie movies. Precious metals would have no value in a society free world. You want to prep? Store antibiotics, bandages and bullets.

Good luck with the whole certainty thing. Nothing is certain or guaranteed in life except death.

[Femhab]

I doubt if BTC was made by the CIA but there are some atom of truth that BTC can be a hand work of a professional body like secret service agents. If truly BTC is made by the CIA we should be seeing proofs of that already.

[franky1]

bitcoin was made up as a patchwork quilt of idea's from cypherpunks group. which only one person had the inspiration to stitch together. the names are clearly available of all the parts that built up the quilt and its easy to see that nick szabo wei dai and others were not cia/nsa

when the first release occured the CODE was clear, in the open and had no secrets.
new coders came in and people knew hal finney, gavin, hearne, serius and others were not cia/nsa

however. years later (now) there is VC money puppetmastering devs and the NYA agreement of merchants.. its less clear where the puppet strings actually lead back upto.

as each level up the VC ladder it becomes less and less clear about the motives of those changing bitcoin.

its getting funny that things ar changing now. but all we see is distraction drama of making memes about non-coders of other networks and only look at the history.

seems strange that anytime discussion about current/recent events arise. the usual ploy of distraction finger pointing occur, even to such an extend that some resort to insults if people mention certain current recent events involving the groups that can affect the network. and again the ploy is just trying to distract the conversation to lead it away from the current/recent issues and instead turn it into some social drama or finger pointing away from the issue.
but this has only really started after 2013.. not 2008

[ovcijisir]

There aren't any real evidence that supports that theory... Even if there are why would they do it?

It makes no sense to me that government would want to create alternative currency...