Privacy Blog

"Friends don’t let friends get spied on.' – Richard Stallman, President of the Free Software Foundation and longtime advocate of privacy in technology.

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 cryptography mailing list. Interestingly, Bitcoin uses the SHA-256 hashing algorithm, one created by the NSA.

You can

Was Satoshi Nakamoto an NSA worker?

Categories: Crypto Currencies

1 reply

  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


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