Did the NSA Invent Bitcoins in 1996?

The NSA didn’t invent the name “bitcoin” but it was one of the first organizations to describe a Bitcoin-like system.

In 1996, the intelligence organization published a paper titled, How to Make a Mint: the Cryptography of Anonymous Electronic Cash. The proposed system would work very much like Bitcoin, establishing a secure and distributed system for financial transactions. Almost a decade later, someone using the name Satoshi Nakamoto published a Bitcoin white paper on the Metzdowd.com cryptography mailing list. Interestingly, Bitcoin uses the SHA-256 hashing algorithm, one created by the NSA.

You can read more at https://www.cryptocoinsnews.com/nsa-bitcoin-1996.

Was Satoshi Nakamoto an NSA worker?

One thought on “Did the NSA Invent Bitcoins in 1996?

  1. It wouldn’t surprise in the least I mean most NSA employees do live double lives, they just know how to hide it better than most civilians do. For example Anonymous is basically 80% government employees who work in the tech sector at some level government, other 20% are just ordinary people who don’t have that protective layer of government bureaucracy to cover their tracks.

    Satoshi Nakamoto was probably at one point working for the NSA or still is


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.