Who created Bitcoin? And The Deep State’s role in the Bitcoin

Yes, Satoshi Nakamoto wrote the Whitepaper of Bitcoin but is still somehow not greatly celebrated as much as it should be. Amidst the so many theories on whom really created Bitcoin is a mysterious territory.

Some even think that the NSA created it. Well, partially it is indeed true. The SHA 256 hashing algorithm that is used as a function algorithm of NSA (published in 2001) plays a critical part of Bitcoin’s ledger structure. Andreas Antonopoulos explained SHA 256 in one of his lectures-

“SHA-256 is a set of instructions designed and written by the United States National Security Agency (NSA) that tell a computer to follow a series of mathematical steps with any input, in the form of a string of information of any size. One thing these steps do to an input every time is compressed it into an output that is always a 256-bit value called a hash. The other is encrypt it: The mathematical operations in these steps and the values they use as operands cannot be done in reverse to find the input using the hash. So the hash can be used as a fingerprint for the original data because it is impossible to guess what the output will be for any value before running it through SHA-256–– And the resulting hash appears completely random, but it is the result of a deterministic process that will produce the same hash for the same input every time. So SHA-256 (secure hashing algorithm 256) is a cryptographic one-way compression function.

If you have the hash you can verify that someone else has the input value by running it through SHA-256 to see if you get the same hash. This specific hashing algorithm is an essential part of how Bitcoin works, as very eloquently explained by Antonopoulos in the lecture above.”

The literal meaning of Satoshi Nakamoto in Japanese is ‘central intelligence.’ Although this does not confirms that the Bitcoin’s ‘central Intelligence’ concept was created by the CIA, but it still hangs as name thrown as a trial.

The Deep State has always been in favor of cryptocurrency to flourish. Cryptocurrency aids in establishing a financial infrastructure which is free from the control of the traditional financial institutions and the politics of the governing bodies, and even the regular turbulence of the stock market.

The cryptocurrency benefits the Deep State in a dual way. On one hand, it allows an easy way for it to keep its activities undercover. Secondly, it allows it to watch over any criminal or illegal activity.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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