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Topic: Was bitcoin created by the NSA? your thoughts - page 2. (Read 568 times)

full member
Activity: 183
Merit: 100
The CIA and NSA, like all of the other 15 elements of the National Intelligence Community, collect and analyze foreign intelligence related to US national interests and disseminate finished intelligence products to foreign policy decision makers in the federal government.
Bitcoin is not part of that picture.

Did you watch a movie about Snowden?
jr. member
Activity: 33
Merit: 2
The CIA and NSA, like all of the other 15 elements of the National Intelligence Community, collect and analyze foreign intelligence related to US national interests and disseminate finished intelligence products to foreign policy decision makers in the federal government.
Bitcoin is not part of that picture.
staff
Activity: 3304
Merit: 4115
The way Bitcoin works as in a decentralized manner it doesn't really matter who created it for what ever motives. It works, and is a great improvement from traditional fiat currencies. I would say that Bitcoin stands against everything the NSA works for though. It would be counter productive for them to create something like Bitcoin which allows people to remain anonymous. I guess anonymity in Bitcoin can easily be compromised if the right precautions aren't taken, and maybe that's what they were hoping to rely on.  I doubt it though, and other than speculation I have no other reasons to believe the NSA are behind Bitcoin.

"Better to remain silent and be thought a fool than to speak and to remove all doubt."
— ABRAHAM LINCOLN.
I've always disliked this quote. Even if you are wrong sometimes the only way to learn is to be vocal about it, and get others opinions/insight. Keeping silent just means you'll continue being a "fool". So what if you are wrong as long as your willing to listen to others then there shouldn't be a problem with voicing your interpretation of things.

Kinda unrelated, but just noticed something interesting.
This is Hal Finney's bitcointalk account: https://bitcointalksearch.org/user/hal-2436
Hal Finney died on 2014. But last login to this account occurred in 2017.
The account was thought to be compromised, and locked by theymos. It's also believed that Hal's email was compromised as a result also, due to the accounts password being reset through it.
jr. member
Activity: 131
Merit: 1
xCrypt
I'm not sure NSA is envoldev into this,just not point for them maybe. And in the end it doesn't matter who the crypto was created by
BQ
member
Activity: 616
Merit: 53
CoinMetro - the future of exchanges
Kinda unrelated, but just noticed something interesting.
This is Hal Finney's bitcointalk account: https://bitcointalksearch.org/user/hal-2436
Hal Finney died on 2014. But last login to this account occurred in 2017.

That's actually really weird! Who could have done that?
Only "safe" choice would be if his family or friends knew his password.
unless the forum admin perhaps reset it to do something?  Lips sealed
jr. member
Activity: 364
Merit: 4
It may have been a sample (not simple) idea created just as a potential prototype that was never expected to be used other than for experimenting by a three letter agency. This could explain the coin's small supply. I personally don't believe that to be the case. I think it came from someone or a group that came out of the 'Cypherpunks' community. Also, let's be real. Look at the timing. 2009? Just after the almost complete economical break apart. If you were to create a currency for the people, unless you were a high level position or bank, creating a paper currency that people except along side the dollar isn't realistic 'nor does resolve the issues associated of Fiat. So what other way than digital? OK so you have a new all-digital currency. And maybe it's peer-to-peer so that cuts out middlemen and their fees and controls etc. OK. But now you have the problem of someone else cloning your coins. Let's say each coin has a unique identifier. What if someone else created a replica with the same identifier. SO, you have to have some sort of consensus as to where the REAL coin is. This is where the distributed ledger comes in. Many nodes all agree that your funds are in a particular wallet. That's the way it has to be. And the node operators have to be compensated too. Enter mining fees. So really, bitcoin is just a logical response to a fiat problem. The crazy part is the small supply of coins. This creates huge highs and lows. But there are many Altcoins to choose from that solve this and other issues. It's kind of pick your currency. The top 100 will seen be on cards all over the world. Are you a Litecoin guy?, a Cardano girl?, or do you prefer Substratum?  Money is now fashion. Spend or save in a way that expresses you!
legendary
Activity: 4466
Merit: 3391
In my opinion BTC was made to figure out how to decrypt sha-256 encrypted messages.

There is no such thing as "sha-256 encrypted messages" in Bitcoin. SHA-256 is not an encryption method. Bitcoin is not encrypted.

"Better to remain silent and be thought a fool than to speak and to remove all doubt."
— ABRAHAM LINCOLN.
full member
Activity: 183
Merit: 100
Kinda unrelated, but just noticed something interesting.
This is Hal Finney's bitcointalk account: https://bitcointalksearch.org/user/hal-2436
Hal Finney died on 2014. But last login to this account occurred in 2017.

God dammit, this is so creepy.
Maybe he is just pretending to be "dead".
legendary
Activity: 4466
Merit: 3391
My thought is that it doesn't matter who created Bitcoin or why.

Note that that TOR was created by the U.S. Navy.
sr. member
Activity: 606
Merit: 278
06/19/11 17:51 Bought BTC 259684.77 for 0.0101
Kinda unrelated, but just noticed something interesting.
This is Hal Finney's bitcointalk account: https://bitcointalksearch.org/user/hal-2436
Hal Finney died on 2014. But last login to this account occurred in 2017.
sr. member
Activity: 606
Merit: 278
06/19/11 17:51 Bought BTC 259684.77 for 0.0101
Stumbled across this old VB post where he makes a hypothesis of Bitcoin having possibly been made, or supported by, the NSA.
Thoughts?

This is probably one of the major reasons Satoshi never let anyone know who he was.  I wouldn't be surprised if he is actually an American working for the NSA specializing in cryptography.  Then he got sick of the government's monetary polices and decided to create bitcoin.

Or the NSA itself decided to create Bitcoin. Things as big as megacorps and governments work against themselves all the time, I wouldn't be too surprised if the NSA has some part in at least supporting it.
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