NSA

CREATED

BITCOIN

By

Søren Nielsen

2024

Who Created Bitcoin? "Satoshi Nakamoto"?

Or NSA? 

The Satoshi Nakamoto Mystery.

This has been a question which has been on the minds of several people over the years. Who is the real creator of Bitcoin?

The name of "Satoshi Nakamoto" is a pseudonym used by the creator or the group of creators of the Bitcoin - and the identity of Satoshi Nakamoto remains anonymous.

Believe it or not, the name Satoshi Nakamoto derived from the NSA acronym.

NSA = N SA = Nakamoto SAtoshi.

Who Is “Satoshi Nakamoto”.

Satoshi Nakamoto - the name itself.

Satoshi (meaning ‘clear thinking, or intelligent). 

Nakamoto is a common Japanese surname meaning "central origin or one who lives in the middle".

This surname is commonly found in Ryukyu Islands of Japan, which is strongly associated with the Ryukyu Kingdom, a highly centralized kingdom that originated in the Okinawa Islands.  

This Island in particular was known as the "the place where cannibals lived"….not sure if this gives any weight to Warren Buffets fantastic quote, where he equates Bitcoin mining to harvesting baby brains…

Many suspect that the NSA know who Satoshi Nakamoto is, while there are many who believe that he might even be one of them - or that the NSA is involved with the creation of Bitcoin in some manner.

The NSA Declines to Answer.

When confronted with this question, the NSA has declined to answer claiming that there is a provision in the act which allows them to refuse certain questions which deal with matters of extreme confidentiality keeping the nation’s security in mind. 

Government organizations have the power to reject the request of information when it comes to certain matters of extreme confidentiality. 

The Obama administration allowed this exception when President Obama signed Executive Order 13526. 

It reads:

"Sec. 1.4. Classification Categories. Information shall not be considered for classification unless its unauthorized disclosure could reasonably be expected to cause identifiable or describable damage to the national security in accordance with section 1.2 of this order, and it pertains to one or more of the following:

(c) intelligence activities (including covert action), intelligence sources or methods, or cryptology."

Considering that Bitcoin is a cryptocurrency, which deals with the matters of "cryptology" - which is the art of writing and solving codes, which are critical to national security, it is allowed to decline to comment on matters pertaining to cryptology. 

The NSA’s refusal to answer this question adds on to the mystery of the person or people behind "Satoshi Nakamoto" - who flagged off a major technological and economical revolution!

Combined, both names could be interpreted as "Central Intelligence"- could be, loosely. There is in fact a real Satoshi Nakamoto (well Dorian Satoshi Nakamoto) but he vehemently denies he’s the Bitcoin creator and even hired a lawyer to clear his name. 

How badly do people want to know who this guy is?

The next claim is that no one has actually met Satoshi Nakamoto in person or spoken on the phone with him or her or even them.  

Even Gavin Bell (known as Gavin Andresen), who only has contact by email, never in person or over the phone. 

The only person who claims to have contact is John MacAfee…and well, I’ll leave that as it is.

Bitcoin Is Decentralized.

Other evidence includes the fact that Bitcoin uses a common PRNG (crypto program) to create secure keys, which is itself believed to have an NSA backdoor. 

Numerous Reddit threads linking Bitcoin or Satoshi Nakamoto with the NSA have been removed in the past; and that Bitcoin is not decentralized as it is being controlled by a small group which is led by Gavin Bell. 

Which is true, I’ve said it before that cryptocurrencies are not decentralized in the sense people assume, there is a central body controlling it, and right now with Bitcoin it’s the 80% hashing power Chinese mining farms and Gavin Bell.

But do the CIA Project’s claims have any merit? I think there is- even just a little, is still too much.

The NSA creating Bitcoin has been rumor for many years. 

People have questioned why it uses the SHA-256 hash function- which if you recall from above,was designed by the NSA and published by the National Institute for Standards and Technology..

The fact that the NSA is tied to SHA-256 leads some to assume it’s created a backdoor to the hash function that no one has ever identified, which allows it to spy on Bitcoin users.

"If you assume that the NSA did something to SHA-256, which no outside researcher has detected, what you get is the ability, with credible and detectable action, they would be able to forge transactions. The really scary thing is somebody finds a way to find collisions in SHA-256 really fast without brute-forcing it or using lots of hardware and then they take control of the network," cryptography researcher Matthew D. Green of Johns Hopkins University.

This alone makes it worrisome for Bitcoin users or Cyber security specialists.

Snowden is very harsh on Bitcoin and says it’s being watched by government agencies- more on that in a different post.

And of course this comes just at the heels after the CIA refused to confirm or deny if they knew who Satoshi Nakamoto is- leaving many to speculate, if they know.  

And like Snowden says, "they know".

That it might be the NSA or maybe it really is just a team of people who just don’t want anyone to know who they are…

NSA designed Bitcoin’s Hashing Algorithm.

The cryptographic hash algorithm (SHA-256 hash function) used by Satoshi to protect and secure bitcoins is designed by NSA in 2001 and published by the National Institute for Standards and Technology (NIST).

SHA-256 is a member of SHA-2 family which consists of six hash functions with hash values that are 224, 256, 384 or 512 bits. The architecture of all hash algrithms used today to create a secured environment for cryptocurrencies is surprisingly National Security Agency....

According to cryptography researcher Matthew D. Green of Johns Hopkins University:

"If you assume that the NSA did something to SHA-256, which no outside researcher has detected, what you get is the ability, with credible and detectable action, they would be able to forge transactions. The really scary thing is somebody finds a way to find collisions in SHA-256 really fast without brute-forcing it or using lots of hardware and then they take control of the network,"

Only the creator of an algorithm knows the backdoors/keys to crack his self-made encryption and NSA is well known to have possessed groundbreaking capabilities and technology against encrypted voice and text communication (i.e. PRISM program) as pin pointed by the NSA Contractor Edward Snowden.

Imagine who is providing the basket to secure all crypto eggs...

NSA Owns The World's Largest Bitcoin Stash.

Bitcoin inventor "Satoshi Nakamoto" currently holds One Million bitcoins out of a total 16 Million Bitcoins mined so far. 

Since Satoshi is just a shadowy name used by the master of all deceptions i.e. NSA, what ever that comes from Satoshi or is owned by Satoshi is actually the copyright of this mask wearer.

One Million bitcoins according to today's (30th December, 2023) exchange rate of $42.366/BTC sums up to $42.366 billion USD. 

How can you call the Bitcoin network integral, fair and transparent when the power of entire market is concentrated in the hands of just few shadowy players?

During the bear whale incident, when just 26,000 bitcoins were unloaded on BitStamp, the market prices were slashed by over 10%.

Imagine how easily will the Bitcoin market crash if NSA plans to unleash those 1 Million Coins on the market at once?

According to Jeremy Glaros, founder of CoinArch:

"If Satoshi were to dump one million bitcoins, it is not only the price effect we have to worry about but what I'll call the "faith" effect: after all, if the creator appears to lose confidence in bitcoin then what are the rest of us to believe? Bitcoin companies would become insolvent, and the market would take a long time to recover – if it were to recover at all."

FBI Owns The World's Biggest Bitcoin Wallets.

FBI misses no opportunity to maintain control over the bitcoin network. Biggest Bitcoin Wallets today are owned by FBI directly.

Today FBI controls more than 144,342 bitcoins that reside at a bitcoin address owned by Silk Road illicit drug marketplace. 

These bitcoins are worth over $6.115.193.172 Billion at today's exchange rate of $42366/BTC. 

These are bitcoins owned by FBI on record but surely the actual number owned by them would be far more than this.

Just one month ago on July, 2017, FBI seized the data center and finally took control over the domain of one of the largest Bitcoin exchanges i.e. BTC-e, on charges of money laundering of over $4 Billion from the hack of Mt.Gox (another bitcoin exchange which was hacked in 2014 and users lost all their 850,000 bitcoins worth $450 Million at that time). 

No body knows how many bitcoins went into the pockets of FBI after this massive take down but one thing is sure, those bitcoins are gone!

Currently BTC-e users are begging FBI through a petition to give them back their bitcoins. I wish those bitcoin users had studied this bogus currency before investing in it. Today it is only their greed that has caused them so much monetary loss.

The US intelligence agencies take down bitcoin exchanges on charges of money laundering, selling illegal drugs but they never utter a word against this bogus currency itself, because they are trying their best to promote it as much as they can in order to achieve their agenda of global control over economic activity of every single human on earth.

Want to hear the love notes of FBI for bitcoin? Read this:

"Bitcoins are not illegal in and of themselves and have known legitimate uses. However, bitcoins are also known to be used with cybercriminals for money-laundering purposes, given the ease with which they can be used to move money anonymously." Source

— FBI Special Agent Christopher Tarbell.

Bitcoin Transactions Are Not Anonymous.

At first no bitcoin user would agree to it but now even they accept it as truth. Every transaction is recorded on a public ledger. Your name is not attached to it but if someone wants to trace who is making the transaction they can do it easily either by linking the transactions trail on blockchain or thanks to the KYC/AML license policies of Bitcoin Banks (Wallets). It is extremely easy to trace a coin's history to connect identities to addresses.

In order to send and receive payments via bitcoin you need to store your bitcoins on an online wallet just like cash in your bank for sending/receiving purpose. Although you can send/receive bitcoins using a software wallet installed on your device but that is limited to transactions amongst friends, family members or those whom can you trust. For doing business with a stranger you need to rely on an intermediary service like Coinbase, Bitpay etc. which is just like the PayPal of Bitcoin payments. These intermediary services do help in cases of disputes to some extent so you can ensure secure payments.

One of the biggest and most popular Bitcoin Wallet services and merchant processors is Coinbase and Bitpay. Both these services operate from USA and they abide by all legal laws of trade and commerce in U.S.

The moment you sign up for an account with these services, they take all personal details about your identity and even your credit card info, National Identity Card or Photo ID so that you could trade your dollars for bitcoins.

Don’t take my words. See it for yourself: Coinbase Identity Verification.

A digital currency whose code is written under NSA supervision through Nick Szabo, whose tools are funded by banking elite and whose services are accountable to financial authorities through KYC/AML laws but surprisingly crypto-enthusiasts still believe its the currency of the future, fully anonymous, owned and regulated by none? Think again.

And now to convince the "Smart" bitcoin enthusiasts who still think by not using online wallets, they can still remain anonymous then here is an example as most relevant proof.

An example is Silk Road traced by FBI, a sophisticated black market website offering illegal wares and services from heroin to hit men. FBI hacked into Silk Road’s servers and discovered almost all private customer account details. 

FBI seized around 144,342 bitcoins. 

The site founder Ulbricht was sentenced to life in prison without possibility of parole.

Just recently AlphaBay was taken down, which is one of the largest criminal marketplaces on the Dark Web. Can you guess what mistake revealed the identity of the AlphaBay operator & lead to his arrest? 

The answer is: His hotmail email ID!

"Cazes made the same mistake that most cyber criminals do which revealed his real identity and led to his arrest. He was using his personal email (Pimp_Alex_91@hotmail.com) to send out welcome & support emails to all members of his AlphaBay websites".

— The Hacker News.

As a result of Bitcoin’s traceable structure, Darknet users have moved their attention to more private and untraceable cryptocurrencies such as Monero and Dash.

To achieve complete anonymity while making bitcoin transactions, one can surely make the process hard for law enforcing agencies by using paid services like Bitcoin mixing which is a process to break the traceability of bitcoin transactions. One can also use a paid VPN service and use TOR browser to hide your IP address. But no matter what method is used, bitcoin is no more an anonymous payment system as it was claimed to be.

So what is owned by the so-called Satoshi Nakamoto a.k.a Nick Szabo, is actually owned by N.S.A.

When you are on internet, you are never anonymous or secure. 

Someone is watching you all the time.