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 Nic Carter doubles down on theory Bitcoin was invented by NSA

Nic Carter doubles down on theory Bitcoin was invented by NSA


Published: 2023-09-22


1. The main topic of the article is the theory that Bitcoin was invented by the NSA,supported by Nic Carter. This theory suggests that Bitcoin was not created by the pseudonymous Satoshi Nakamoto,but instead by the National Security Agency (NSA). Nic Carter,a well-known crypto commentator and co-founder of Coin Metrics,has raised arguments to support this theory. According to Carter,the NSA has a long history of creating cryptographic technologies,and it is plausible that they could have developed Bitcoin as a covert tool for surveillance and intelligence gathering. He also claims that the features of Bitcoin,such as its SHA-256 encryption algorithm and various other design aspects,align with the NSA's capabilities and interests. However,Carter acknowledges that proving this theory beyond speculation is challenging. The lack of concrete evidence and the secretive nature of both the NSA and Satoshi Nakamoto's identity make it difficult to confirm or deny the theory definitively. Despite this,Carter believes that exploring alternative narratives is crucial to understanding the possibilities surrounding Bitcoin's origins.

2. Carter's argument revolves around the historical context of the NSA's involvement in cryptography and their expertise in creating cryptographic systems. He suggests that the NSA's motivation for creating Bitcoin could be rooted in their desire to gain control over an emerging decentralized financial system. The agency's focus on surveillance and intelligence gathering further supports the notion that they could have developed Bitcoin for their own purposes. While many proponents of Bitcoin dismiss this theory as a conspiracy,Carter believes that it is essential to critically examine all possibilities. He encourages a healthy skepticism towards the conventional narrative surrounding Bitcoin's origin and emphasizes the need for open-minded exploration.

3. However,it is important to note that Carter's theory is speculative and lacks concrete evidence. The decentralized nature of Bitcoin and the absence of any centralized control make it difficult to attribute its creation to any specific individual,group,or organization definitively. The true identity of Satoshi Nakamoto remains unknown,and until further evidence emerges,the theory that the NSA invented Bitcoin will remain an intriguing but unsubstantiated possibility.


Reference: cointelegraph.com

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1 BTC title=BTC 65,954.85 3,011,575,419.05
2 ARS title=ARS 1,086.40 2,006,208,635.00
3 ETH title=ETH 3,015.46 1,151,107,288.40
4 SOL title=SOL 161.69 864,153,286.20
5 PEPE title=PEPE <0.01 759,977,517.01
6 WIF title=WIF 2.98 315,557,448.19
7 FLOKI title=FLOKI <0.01 309,055,227.67
8 DOGE title=DOGE 0.16 306,136,069.36
9 BOME title=BOME 0.01 289,997,353.61
10 PEOPLE title=PEOPLE 0.05 229,906,959.79
11 NEAR title=NEAR 8.06 223,492,292.55
12 XRP title=XRP 0.52 177,041,888.76
13 RNDR title=RNDR 10.72 174,740,843.89
14 ENA title=ENA 0.73 164,655,157.69
15 AEVO title=AEVO 0.86 162,688,078.45
16 RUNE title=RUNE 6.49 140,885,131.85
17 WLD title=WLD 5.00 128,478,374.27
18 BONK title=BONK <0.01 114,739,000.65
19 FTM title=FTM 0.80 113,801,143.12
20 AVAX title=AVAX 34.70 76,786,265.16
21 AR title=AR 43.59 72,769,036.05
22 OP title=OP 2.48 66,917,288.70
23 JTO title=JTO 4.67 66,777,374.77
24 ORDI title=ORDI 38.66 61,495,637.71
25 SUI title=SUI 1.01 61,449,803.84
26 ARKM title=ARKM 2.39 48,320,046.99
27 ADA title=ADA 0.46 47,626,871.70
28 1000SATS title=1000SATS <0.01 46,559,444.45

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