Bitcoin could've been created by the US government...Coincidence?

[Abiky]

I have been researching about who could've created Bitcoin in the first place, and it came to my mind that the US government would've created the digital currency in the first place. The reason I say this, is because Bitcoin uses the NSA's cryptographic hashing algorithm known as SHA-256. Not to mention, Bitcoin creator Satoshi Nakamoto is nowhere to be found after a decade of the cryptocurrency's inception. This means, that if Satoshi was an ordinary person instead of a government agent, he would've been found by now (even experts have been careless sometimes).

One coincidence is the Bitcoin logo/symbol which greatly resembles that of the US Dollar. Upon surfing the web, I've found an NSA article from 1996 which is very similar to Bitcoin's electronic cash vision in its whitepaper. The article speaks about Multiple Spending (which is Double-Spending on the BTC whitepaper), and other subjects about divisibility, etc. You can read all about it here: http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

If Bitcoin was truly created by the US government as an experiment, then it could be the doom of crypto and blockchain tech as we know it. The government could easily hit the "kill switch" if it owns "Satoshi's" private keys, resulting in a massive crash of Bitcoin and other crypto's price.

Here's another article related to the subject: https://www.ccn.com/4-reasons-to-believe-the-deep-state-or-the-nsa-created-bitcoin

This may sound crazy, but we shouldn't discard all the possibilities of who would've created Bitcoin in the first place. Nonetheless, what are your thoughts about this?

[elda34b]

This means, that if Satoshi was an ordinary person instead of a government agent, he would've been found by now (even experts have been careless sometimes).

What's the possibility of expert being careless? And who said satoshi is a single man/woman?
I think this assumption is not right. Judging by how he is able to conceal his identity up to this point (even when his email was hacked, nobody knows who he is), it means he's expert at being anonymous. 'Ordinary person' can reach the same level of knowledge with government agents. For example, a hacker in my country (he's just an ordinary boy without any IT education) have more knowledge than your regular government agents.

[mk4]

This means, that if Satoshi was an ordinary person instead of a government agent, he would've been found by now (even experts have been careless sometimes).

I'm going to disagree with this. People being able to almost totally anonymize themselves is nothing new really; and yes, some failed due to carelessness, but it doesn't mean everyone will. Satoshi is most likely just simply good at what he/she/they do/does.

Also, regardless if bitcoin was created by the US government, does it really matter right now? Could've been made by Hitler or Bin Laden and it still wouldn't matter(besides the bad PR).

[Abiky]

Also, regardless if bitcoin was created by the US government, does it really matter right now? Could've been made by Hitler or Bin Laden and it still wouldn't matter(besides the bad PR).

It doesn't matter, unless the government still has access to the early mined Bitcoins. The dormant coins on Satoshi's wallets could easily devaluate Bitcoin by a long shot, if by any chance the government decides to sell them off. Other than that, Bitcoin should do fine as it's an open source project that can be sustained by anyone nowadays. In case there's a threat to the BTC blockchain (like the government hitting the "kill" switch), once can easily choose an altcoin or create a fork of their own.

Things aside, the NSA article from 1996 greatly resembles the Bitcoin whitepaper in many ways. That's why I think that it could've been the US government, although there are still many things needed to prove this with certainty. I believe that the day will come when this mysterious "Satoshi" person or group will reveal himself/herself/themselves to put all this uncertainty to rest. While it's not that important to know who Satoshi was, many Bitcoiners (like me) are curious to know.

[pinoyden]

us government or government in general is known to be an anti crypto becuse cryptos are not centralized . they couldnt control it  . they cant tax it  . therfor its impossible in my opinion that crypto is created by govt's  .

This means, that if Satoshi was an ordinary person instead of a government agent, he would've been found by now (even experts have been careless sometimes).

government agent or not , satoshi will prefer to hid himself because his creation bitcoin is anonimous . he also want to become anonymous because of that
 . experts  are not careless . its just satoshi is careful enough to hid himself . no one can hunt him .

[Tamilson]

I believe that the day will come when this mysterious "Satoshi" person or group will reveal himself/herself/themselves to put all this uncertainty to rest. While it's not that important to know who Satoshi was, many Bitcoiners (like me) are curious to know.

If this mystery be resolve will it help for the massive adoption, specifically price to be surge? Sure we all want to thank Nakamoto for this great invention but I believe this was all his plan to be remain anonymous, maybe for his security reason or at least nobody can dictate him what he should do.

I think what matters now is bitcoin had already made a new bar for digital payment.
Moreover that NSA article is somehow should be look up to, hopefully someone will study its resemblance to WP.

[CryptoBry]

The US government must have created the Bitcoin and yet it is not USA which is really very supportive of Bitcoin but other countries just like Japan. And of course, there can be an explanation for that as the government wanted to remain subtle with everything connected with the creation of this beast and the many development that ensued. Well, if there is one thing that I really learn in life is that anything and everything that a human mind can conceive he can easily explain away. By the way, thanks for this great entertainment.

[mk4]

*snip*

Well, true. But it's nothing but a short term price crash(a gigantic one, that is). Which is going to be pretty much nothing when we're talking long term anyway. Fundamentals won't change.

I believe that the day will come when this mysterious "Satoshi" person or group will reveal himself/herself/themselves to put all this uncertainty to rest.

ehh. I really hope not.

[pooya87]

The reason I say this, is because Bitcoin uses the NSA's cryptographic hashing algorithm known as SHA-256.

SHA256 is not even the important thing. if you want to start a tinfoil hat theory then at least mention the fact that the curve that bitcoin uses for its asymmetric cryptography is a curve that is created and suggested by the US government standards!

Not to mention, Bitcoin creator Satoshi Nakamoto is nowhere to be found after a decade of the cryptocurrency's inception.

what does that have to do with anything?

This means, that if Satoshi was an ordinary person instead of a government agent, he would've been found by now (even experts have been careless sometimes).

how do you know he is not found? if for example some 3 letter agency found him they are not going to publicly tell you and i about it!

One coincidence is the Bitcoin logo/symbol which greatly resembles that of the US Dollar.

that is the most tin-foily thing you said so far
mainly because you are forgetting that bitcoin logo was not designed by Satoshi.

Upon surfing the web, I've found an NSA article from 1996 which is very similar to Bitcoin's electronic cash vision in its whitepaper.

NSA is involved in all kinds of cryptography related stuff and have articles about all of them, that doesn't mean they are the creators of all of them.

If Bitcoin was truly created by the US government as an experiment, then it could be the doom of crypto and blockchain tech as we know it.

that doesn't make any sense!

The government could easily hit the "kill switch" if it owns "Satoshi's" private keys, resulting in a massive crash of Bitcoin and other crypto's price.

price crash is not equal to doom of the technology!
even if bitcoin dropped to $1 it would still survive and continue working not to mention that it won't ever do that. besides there are much easier ways of gaining a large amount of bitcoin like 1 million of it than being Satoshi and having that much!

This may sound crazy, but we shouldn't discard all the possibilities of who would've created Bitcoin in the first place. Nonetheless, what are your thoughts about this?

i am not interested in whether or not US gov. created bitcoin. i am interested in why people think that matters because it doesn't make any sense to me.

[dothebeats]

Another tinfoil theory that has been discussed countless of times in this forum. Even if the governments indeed created bitcoin, it's too late for them to cancel it or to claim authority over it, as it will surely destroy what their cause is. Also, the NSA is involved in a lot of cryptographic algorithms that they might possibly be involved in every possible security system in the world, so there's that. There's a possibility that they might be the ones who constructed this opus but at this point, does it really matter when a lot of people, money and time is already involved?

[MiguelCryptoss]

Whosoever created this has already created it for the masses and at this it cannot be claim by any country or individual of any level or status.

The US government has hands in the creation of Bitcoin but at the moment there is nothing they can do now to claim the ownership nor in control of the arena.

No country or an entity's can destroy bitcoin, never

[mindrust]

I also have similar thoughts. If USA don't ban bitcoin right now and haven't done it years ago, the only thing that means USA either owns most of the coin supply or its development. I personally believe one way or another satoshi had his ties with the US government and his stash wasn't his own because there was a team behind that nickname.

[n0ne]

I also have similar thoughts. If USA don't ban bitcoin right now and haven't done it years ago, the only thing that means USA either owns most of the coin supply or its development. I personally believe one way or another satoshi had his ties with the US government and his stash wasn't his own because there was a team behind that nickname.

Possibilities were there, we can also take this into another perspective. USA being highly technologically developed, they seems moving beyond other countries. In such a way they might have decided not to ban, also they're with plans of regulated usage. At present the the same it has got lot of restrictions on ico's, what does that mean.

[Kakmakr]

Please elaborate on what you define as a "Kill switch"? The technology is Open source, so a backdoor or "Kill switch" would have been found ages ago.  

Satoshi's coins can be a temporary threat to the price, but not to the technology, because Bitcoin is not 100% about the price. People still value the technology behind it. Yes, mining will not be profitable if the price goes down, but there will always be Bitcoin enthusiasts that would continue mining at a much lower hash rate. <even at a loss>  

After all, people are running Bitcoin nodes without any remuneration or reward now.  

[senin]

Governments will never be interested in decentralized forms of electronic money. This is contrary to logic and common sense. Decentralized cryptocurrency actually undermines the foundations of statehood. Therefore, I do not believe that cryptocurrency is an experiment of governments. Cryptocurrency is beneficial to individuals, but not to governments. Governments, in general, will be forced to allow the circulation of cryptocurrency, but they will never actively support it.

[figmentofmyass]

I have been researching about who could've created Bitcoin in the first place, and it came to my mind that the US government would've created the digital currency in the first place. The reason I say this, is because Bitcoin uses the NSA's cryptographic hashing algorithm known as SHA-256.

the algorithm has been poured over endlessly by cryptographers. if there were a back door, it would have been found by now.

it's perfectly reasonable that SHA-256 was chosen because it was a well-established and cryptographically secure algorithm.

Not to mention, Bitcoin creator Satoshi Nakamoto is nowhere to be found after a decade of the cryptocurrency's inception. This means, that if Satoshi was an ordinary person instead of a government agent, he would've been found by now (even experts have been careless sometimes).

only if the NSA is looking for him/them. it could probably be done, but the question is, were they interested in satoshi when he was still around and were they trying to find him? why?

and if the NSA did identify him, would they notify the public? probably not!

[Bitcoindigger02]

From the perspective of history and nature, no matter how cruel and vigorous the rise and replacement of the empire, how fiercely the competition between the state and the enterprise and the individual is, how hideous and dangerous all private desires and motives are, as long as innovation and development are carried out, they are ultimately transformations and advances of the human society as a whole. And the hand of nature, there is always a magic, will all those narrow motives from the revolutionary tend to be transformed into submission and harmony. If so, whether Bitcoin or Nakamoto is an American conspiracy or not, we don't have to worry about it. We don't have to see a once superpower go bankrupt completely to be comfortable. Still firmly believe it, digital money will make the future world more perfect and harmonious!

[kelz1]

Someone as talented as satoshi clearly has technical skills and knows how to stay anonymous online. If he can create bitcoin he can mask his ip and cover his trails

[mrdeposit]

It could be everything. Bitcoin may have been created to test as a beta version and all useless part of Bitcoin will not be used in a more perfect project to be created in the future. Even if Satoshi lives today, there will still be such allegations around, and it will not be possible to know what and why, unless it comes to an end.

[aoluain]

I have been researching about who could've created Bitcoin in the first place, and it came to my mind that the US government would've created the digital currency in the first place. The reason I say this, is because Bitcoin uses the NSA's cryptographic hashing algorithm known as SHA-256. Not to mention, Bitcoin creator Satoshi Nakamoto is nowhere to be found after a decade of the cryptocurrency's inception. This means, that if Satoshi was an ordinary person instead of a government agent, he would've been found by now (even experts have been careless sometimes).

One coincidence is the Bitcoin logo/symbol which greatly resembles that of the US Dollar. Upon surfing the web, I've found an NSA article from 1996 which is very similar to Bitcoin's electronic cash vision in its whitepaper. The article speaks about Multiple Spending (which is Double-Spending on the BTC whitepaper), and other subjects about divisibility, etc. You can read all about it here: http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

If Bitcoin was truly created by the US government as an experiment, then it could be the doom of crypto and blockchain tech as we know it. The government could easily hit the "kill switch" if it owns "Satoshi's" private keys, resulting in a massive crash of Bitcoin and other crypto's price.

Here's another article related to the subject: https://www.ccn.com/4-reasons-to-believe-the-deep-state-or-the-nsa-created-bitcoin

This may sound crazy, but we shouldn't discard all the possibilities of who would've created Bitcoin in the first place. Nonetheless, what are your thoughts about this?

It siunds like your research didnt find abything, more you just
brought an existing theory to the surface again.

There has been extensive research into how, where, and by whom
bitcoin was created and there has been no definitive answers.

There is no "kill switch" by the way.