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

[Ucy]

— Was the SHA-256 cryptographic hashing algorithm  not available for public use before the creation of Bitcoin? If yes then Bitcoin was probably created by the government.

— The dollar symbol explanation is funny.

— The part about double-spending resembling that of NSA multiple spending is not really a proof. I believe Double spending wasn't a new thing before Bitcoin. It was probably used  for centralized payment processors. What is new is creating Double  spending  on  decentralized network

[Aikidoka]

Well everything is possible specially in this anonymous and decentralized crypto world,and also we cannot take the credit to US whos always involved in secretly created job towards other countries so what else that they cannot do?but i wanted this not to be truth since the possibilities of being manipulated are indeed if the US are only making fool of us all for this more than 10years of bitcoin existence

As you said everything is possible about the creator of bitcoin, so maybe the US government was created bitcoin and maybe not, It's anonymous, so we can't say that's is correct or not, but if that is true, it will be so bad, because it will be manipulated by the US government as they want, so people around the world will be also manipulated by these changes.

[squatter]

If there was a backdoor in SHA-256 we would have known by now I think. There's too much stuff out there that uses SHA-256 with big prizes for those that crack it besides Bitcoin, it has never happened, probably never will or at least we will not see it on our lifetimes.

It could definitely happen in our lifetimes. It's basically a given at this point that ECDSA will be broken by quantum computers sometime in the 2020s. The theoretical breakability of SHA-256 is not as clear cut as with elliptic curve cryptography, but any breakthrough in generic quantum collision search algorithms could quickly change this. I think we should probably assume that all cryptographic functions underlying Bitcoin will eventually be broken, and plan for those contingencies.

[coin-investor]

This is just like a movie like a matrix movie and since the creator is nowhere to be found we can think of so many things beyond our imagination on who could possibly create Bitcoin may be the next episode is an extraterrestrials created Bitcoin or somebody from the future using a time machine.

[aioc]

Good theory but it's going to be one of the hundreds of theories about who created Bitcoin, I just let it and focus on the adoption and growth of this technology, if he is a guy and he wants to hide his identity then let him we do not have to bother him for obvious reason.

[kaya11]

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?

You have a point there, from the start I was wondering also about the idea of US government created the Bitcoin. But why leave the source code leaving to be copied by who are now second and third to BTC if we knew it was USA all along? I mean they would keep it for themselves.

[valentin68]

We do not know who Satoshi Nakamoto is. What we do know is that he is a Japanese Mathematician. A very good Mathematician.
When he has written and published the article on Bitcoin (in 2008), no person knew about him.
In my opinion, he tried to guess the humanity evolution for the next 50 years. He tried to guess, that the prices will go up in the next 10 years and many other things.

We humbly can try to guess who Satoshi Nakamoto is. The Bitcoin cryptographic structure is very complicated, and for this it was necessary a very good Mathematician. What we could say is "Thank you" to the creator of the Bitcoin, he gave humanity the necessary money to evolve and prosper for the next 100 years.
 
 

[santiPOGI]

It doesn't matter who created bitcoin.
What i concern most is those people claiming they are Satoshi Nakamoto.
As long as Bitcoin is changing people will and power it is getting better for the world.
IF USA is behind this then i might tell that is not a good idea, as they are into power and will grab it!

[Abiky]

Satoshi used SHA-256 because it was the most widely known algorithm because it was and still is the most used one. At some point you have to take into consideration what's safer: Something that isn't used by X government because it's newer, or something that is used by some government but it's widely known to never have been cracked? I think satoshi did the right thing, rather than gambling with more exotic options, he took the conservative approach.

If there was a backdoor in SHA-256 we would have known by now I think. There's too much stuff out there that uses SHA-256 with big prizes for those that crack it besides Bitcoin, it has never happened, probably never will or at least we will not see it on our lifetimes.

There could be many reasons why Satoshi chose SHA-256 in the first place. One of the main reasons could've been mostly for security, as such cryptographic algorithm is proven to be extremely safe and hard to crack. It seems odd that Satoshi used the same algorithm invented by the NSA, since Satoshi wanted Bitcoin to be extremely independent from middleman or third parties. But, I believe that it could've been for a very good reason.

If Satoshi was a government agent or not, that doesn't matter since Bitcoin's source code is available to the world. In case he/she/they were to crash Bitcoin's price by massively selling the dormant Bitcoin across the market, there's always plan B. The open source and decentralized design of Bitcoin will allow it to flourish across many areas of the world. Other cryptocurrencies can take the same source code, and adapt it to their own needs. Hence, it's not about crashing the price, but rather the technology (Blockchain) that really matters. Just my opinion