With No Clarity for the ID of Bitcoin’s “Satoshi Nakamoto”, Is It Possible the NSA Created the Cryptocurrency?
Bitcoin is the original cryptocurrency that started an entire industry, spurring the creations of platforms, payment systems, other crypto assets, and a new way to invest.
The creator is known by nothing other than a pseudonym – “Satoshi Nakamoto” – and the true identity has never been revealed. Without any particular direction as to who could be the root, there have been multiple theories.
One possibility that has gained a lot of momentum is the idea that the NSA is responsible, which is outlined in four pieces of supporting information from CCN.
One of the biggest connections that the NSA has to Bitcoin is in their architecture, which directly uses a hashing algorithm called SHA-256. The algorithm was published in 2001 by the NSA, which Andreas Antonopoulos recently explained in a brief video, which can be viewed here:
The set of direction tells a computer to follow a certain series of steps, which compresses into a 256-bit value called a hash. The other action that these steps lead to is encryption, which cannot be reversed.
Essentially, the hash is used as an identifier for the original information, which has no predictable output before the SHA-256 algorithm is implemented. As CCN phrases it, “So SHA-256 (secure hashing algorithm 256) is a cryptographic one-way compression function.”
The video above shows exactly how this part of Bitcoin works.
The Definition of Satoshi
Another possibility of the NSA being the identity of Satoshi is found in the definition of the word, though it could be a leap. On the Wikipedia page for “Satoshi,” users can find that one of the possible writings in Japanese means “intelligence.”
A separate search for “Nakamoto” on Ancestry.com shows that the name is Japanese for “central origin,” among other definitions. Some individuals have linked these two options, believing that it is a moniker for “central intelligence,” i.e. the CIA.
However, it is just as likely that this is a coincidence, or that the NSA used the name as a joke, or even that programmers with nothing to do with the NSA used it as a joke.
Benefits to the Deep State
Considering the immutable ledger that Bitcoin is built upon, it is safe to say that The Deep State would be in favor of it. This would be a way for the Deep State to maintain eyes on Wall Street and nearly any other bank, looking for any opportunity to control institutional finance.
It would have been exceptionally helpful during the Iran Contra event, where a Marine Lt. Col ran an operation for Contra rebels that needed financial support.
Considering the ability to track any coin from start to finish, cryptocurrency as a whole would benefit greatly in their search for criminals. In a lecture called:
“Unstoppable Immutability of Bitcoin,”
Katie Haun speaks on cybercrime in a provocative and gripping way. The video, which can be viewed above, describes the way that public records found on the distributed ledger, which includes accounts and transactions, could be used for Deep State police to follow various crimes.
Bitcoin is not a private coin, which is shown in the transparency that is crucial to its structure. All accounts, amounts, and transactions are available on a massive ledger as a combination of 10,000+ nodes.
Unlike fiat banking, there is no password for a specific administrator to hold, which would indicate why the surveillance-focused Deep State would have created it in the first place.
Still, all of these reasons all build up to a theory that still lacks proof. In the meantime, it looks like the public has to wonder – was Bitcoin nobly created for financial freedom, or as an underhanded means of eliminating privacy for the world?