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Topic: Bitcoin suspected to be NSA or CIA Project (Read 3480 times)

member
Activity: 79
Merit: 10
https://bountyminer.io
August 11, 2014, 12:58:50 AM
#28
Of course it could be the truth but will know it for sure in 50 years only
hero member
Activity: 988
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If it was a CIA/NSA project they wouldn't allow Gox to happens, also we would see more from the governments that are opposite to the USA, like China.
I would say that Gox was independent of anything else bitcoin related. I don't think that Gox is proof that bitcoin was not created by the NSA/CIA. I still highly doubt that either of them built/created bitcoin however.
member
Activity: 84
Merit: 10
I bet if we created four more threads on the topic we could get to the bottom of the matter.
legendary
Activity: 2660
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If it was a CIA/NSA project they wouldn't allow Gox to happens, also we would see more from the governments that are opposite to the USA, like China.


Plus the politicals wouldn't act like they have no idea what bitcoin is, and anti-Bitcoin laws wouldn't be discussed, plus USA would be the first country to fully embrace Bitcoin.


So I gues it is not.
sr. member
Activity: 420
Merit: 250
What are you talking about?? One was deleted by the OP because there were like 4 topics on the Front forum talking about shitty troll shit.. and you just posted it back to the front page. Why? Why should there be more than one thread on teh 1st page talking about the same thing. And to make it even worse its a fukn troll article..

I hope this bullshit troll shit does get deleted!!!! Oh wait then maybe people will think the CIA deleted it ..PFFFT LOL give me a break, sik of hearing the same old BS.. its not funny anymore its now crossed the annoying frustrating border
hero member
Activity: 988
Merit: 1000
This has been said many times, but it is worth saying again: This is nothing more then FUD

I am not sure why, but for some reason there seams to be a lot of threads on this subject that have popped up recently. The US government would really have nothing to gain by creating Bitcoin as described by the OP.
sr. member
Activity: 336
Merit: 250



The NSA might be tracking transactions (say for terrorist purposes), but I doubt they give a hell otherwise (even for certain illicit purposes... see how long the Silkroad game carried on).


you're implying the 'silk road game' ended lol. it carries on to this day.
legendary
Activity: 1442
Merit: 1005
Smells like FUD, don't you think?
Yes, the MI6 is spreading misinformation. They created bitcoin to regain control over their empire and reach the glory of older days before the americans took over. Their plan worked and they now control at least 7% of the world's future wealth.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
You've been trolled.

Yep trolled.

Although it would be fun to say that the NSA and CIA are saying Bitcoin was their project to scare new users away from using it  Grin
Kid if they saw it coming then that would be a surprising thing.
sr. member
Activity: 322
Merit: 250
Sounds really stupid. Why would they do this? What would they gain from it? How would they know a crypto currency would get this big?
Why stupid? Tor was also founded by DARPA and the Navy. Geez even the internet was created under the original name ARPANET by the department of defense.

What would they gain from it?
All the trouble the US goes though to get the SWIFT-treaty with the EU, and the block chain?
You get handed all transactions ever done on a silver platter. Sure, its pseudonymous. Unless you have access to the records of all exchanges, and well, those kinds anti-laundering regulations are already in effect. Would be amusing to know who actually runs those mixing pools. But basicly the block chain is pretty much a wet dream for any surveilance state.

How would they know a crypto currency would get this big?
Market cap has grown by  ~$60 per dollar invested in exchanges, in other words probably not more than like $200M has ever flown into bitcoin. Even if all of that had come from the fed it would have been peanuts. And well, the NSA has been working on the concept for a long time after all.
member
Activity: 107
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And you probably dont think we landed on the moon... Trust me, this is not a NSA or CIA project...

Was that me and you, Tommy? We landed on the moon?
full member
Activity: 238
Merit: 100
http://www.ibtimes.co.uk/bitcoin-suspected-be-nsa-cia-project-1460439

The interesting part was that topics referring to NSA/CIA connections were deleted from bitcointalks. Will this topic be deleted?

I know this NSA-created-bitcoin conversation is very old but the cited article introduces some pretty nasty claims:

Quote
The group added that the common program used by most cryptocurrencies to create secure keys is suspected to be back-doored by the NSA.

It noted that a recent WikiLeaks document exposed the NSA's connection with the program used by most cryptocurrencies.

The fact that bitcoin did not use the most popular program to create secure keys shows that the NSA already had full information about bitcoin, according to the group.

"While bitcoin believers portray bitcoin as a new centralised currency, the command structure of bitcoin core development is 100% centralised," CIA Project says.

Smells like FUD, don't you think?

But even if some aspects of this are true then Bitcoin indeed gains a fishy smell.

I believe there is some -- not absolute -- truth to this. What is the primary global economic issue that the Washington consensus was worried about the past two decades? Currency controls! How are these currency controls implemented? By restricting capital flight by forcing businesses to transact in the domestic currency. What does Bitcoin undermine? This very phenomenon. In a nutshell, the neoliberal consensus' view on monetary is very much free market/libertarian oriented. So, does this at least make some sense facially? Sure.

That said, like many projects created by the CIA, this one has taken on a life of its own and now has characteristics wholly independent from its original purpose. The infrastructure that has sprouted up around Bitcoin including the exchanges, blockchain, and the tech savvy user base makes this potential original source largely irrelevant. A good comparison is another CIA project... the internet. The CIA played a hand in it... it was a disruptive technology... it took on a life of its own.

So, I guess if you need a creation myth sort of like a religious zealot then this is a big deal. If you don't need a creation myth then this is a non-story. Bitcoin is exactly the same as it was two minutes ago. The NSA might be tracking transactions (say for terrorist purposes), but I doubt they give a hell otherwise (even for certain illicit purposes... see how long the Silkroad game carried on). Moreover, the NSA is not going to steal or destroy all of your coins because they'd be incurring the wrath of a million hackers. It's just a non-story to me.
full member
Activity: 218
Merit: 101
Project of this scale has to come from the top government department.

Who would care about fast transaction time where most of the world population don't do international trade.

It can seem like that, but Satoshi really stood on the shoulders of giants, the idea of proof of work, the cryptography - it already existed, his genius was how he put it all together. It was possible for one man, especially when you consider the crazy stuff geniuses  in the past did - Isaac Newton had no maths schooling and arguably discovered calculus on his own as the basis for his future work.  George Bool invented Boolean logic, the foundation maths for computers long before electronics.

Most likely a group project with lots of personal from different background involved.
full member
Activity: 205
Merit: 100
Investor / Trader / Analyst
Sounds really stupid. Why would they do this? What would they gain from it? How would they know a crypto currency would get this big?
full member
Activity: 164
Merit: 100
Project of this scale has to come from the top government department.

Who would care about fast transaction time where most of the world population don't do international trade.

It can seem like that, but Satoshi really stood on the shoulders of giants, the idea of proof of work, the cryptography - it already existed, his genius was how he put it all together. It was possible for one man, especially when you consider the crazy stuff geniuses  in the past did - Isaac Newton had no maths schooling and arguably discovered calculus on his own as the basis for his future work.  George Bool invented Boolean logic, the foundation maths for computers long before electronics.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
They have realized the Fed is a blight on the heart of 'Merica but can't undermine the Fed/Goldman/MS troika without spilling the apple-cart. Gotta go stealth-mode. Three cheers for the 3-letter agencies!!
legendary
Activity: 1652
Merit: 1265
They can't even solve the Kryptos so why would they be able to crack bitcoin?  Wink
hero member
Activity: 924
Merit: 1000
And you probably dont think we landed on the moon... Trust me, this is not a NSA or CIA project...
member
Activity: 66
Merit: 10


Quote
The team added that Bitcoin Forum, a bitcoin community where Nakamoto used to communicate, usually removes posts connecting bitcoin with CIA.



So why has this thread and every post on it not been deleted?
full member
Activity: 141
Merit: 100
August 09, 2014, 05:53:36 PM
#9
Project of this scale has to come from the top government department.

Who would care about fast transaction time where most of the world population don't do international trade.
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