Here's a theory: activist group says Bitcoin is NSA/CIA project

Sunday, 10/08/2014 | 14:04 GMT by Leon Pick
Here's a theory: activist group says Bitcoin is NSA/CIA project

We're more used to the theories, thoroughly propagated in libertarian forums and around the web, of how governments are anti-Bitcoin . Governments, with financial institutions serving as their proxies, are consistently conspiring to undermine Bitcoin and exploit the masses through their imposition of a rigged system of fiat currency, so they argue.

How ironic is it that CIA Project, an activist group making sure to point out that "we are not the CIA", accuses organizations like the CIA and NSA as being the true masterminds behind Bitcoin. They point to the following:

- Satoshi Nakamoto , anonymous founder of Bitcoin and author of its white paper, can also be the Japanese for "central intelligence". "Satoshi" = "wise", or intelligent, and "Nakamoto" = "center point", or central.

- Bitcointalk.org removes posts about Bitcoin being a CIA project

- After years of leaving posts on Bitcointalk.org, Satoshi never left a clue about his true identity, and "this shows intelligence training."

- Gavin Andresen, "the public face of Bitcoin", claims years of correspondence with Satoshi but never met him or spoke with him on the phone.

- A common crypto program (PRNG) used to create secure keys is now suspected "of being back doored by the NSA." The fact that Bitcoin didn't use it shows advance knowledge by the NSA, whose use of the program only recently came to light through Wikileaks.

- While Bitcoin claims to be decentralized, "a small group of people" control core development.

The group concludes by asking if Bitcoin is really 'CIA Coin'.

The question really is: what motivated this group, of unknown identity, to this conspiracy theory- which happens to be their only cause on their website? No other incredibly disparaging remarks are made on Bitcoin, so it's unknown if their ideals arise more out of a disdain for Bitcoin or centralized authority, ironically enough.

We're more used to the theories, thoroughly propagated in libertarian forums and around the web, of how governments are anti-Bitcoin . Governments, with financial institutions serving as their proxies, are consistently conspiring to undermine Bitcoin and exploit the masses through their imposition of a rigged system of fiat currency, so they argue.

How ironic is it that CIA Project, an activist group making sure to point out that "we are not the CIA", accuses organizations like the CIA and NSA as being the true masterminds behind Bitcoin. They point to the following:

- Satoshi Nakamoto , anonymous founder of Bitcoin and author of its white paper, can also be the Japanese for "central intelligence". "Satoshi" = "wise", or intelligent, and "Nakamoto" = "center point", or central.

- Bitcointalk.org removes posts about Bitcoin being a CIA project

- After years of leaving posts on Bitcointalk.org, Satoshi never left a clue about his true identity, and "this shows intelligence training."

- Gavin Andresen, "the public face of Bitcoin", claims years of correspondence with Satoshi but never met him or spoke with him on the phone.

- A common crypto program (PRNG) used to create secure keys is now suspected "of being back doored by the NSA." The fact that Bitcoin didn't use it shows advance knowledge by the NSA, whose use of the program only recently came to light through Wikileaks.

- While Bitcoin claims to be decentralized, "a small group of people" control core development.

The group concludes by asking if Bitcoin is really 'CIA Coin'.

The question really is: what motivated this group, of unknown identity, to this conspiracy theory- which happens to be their only cause on their website? No other incredibly disparaging remarks are made on Bitcoin, so it's unknown if their ideals arise more out of a disdain for Bitcoin or centralized authority, ironically enough.

About the Author: Leon Pick
Leon  Pick
  • 1998 Articles
  • 5 Followers
About the Author: Leon Pick
  • 1998 Articles
  • 5 Followers

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