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Bitcoin News

Nic Carter Believes NSA Is an Inventor of Bitcoin

By citing an article published in 1998 by NSA, the discussion about the possible involvement of the U.S. regime in Bitcoin sparked on the internet.

Written By:
Rajpalsinh

Last updated: September 22, 2023 11:45 AM
Published 2023-09-22
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Last updated: September 22, 2023 11:45 AM
Published 2023-09-22

Once again, the old theory about Bitcoin creators was unearthed, this time by Iris Energy co-founders Daniel Roberts and Nic Carter. According to the conspiracy theory, the United States National Security Agency (NSA) is the original inventor of Bitcoin. 

By pointing out a more than two-decade-old paper published in 1996, Daniel Roberts indicated a possible connection between NSA in Bitcoin creation. 

The NSA invented Bitcoin?

1996 paper titled: HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH*

Sources include "Tatsuaki Okamoto" 😳

Who else would be able to sit anonymously on 1 million coins.

Oh, and they invented SHA-256…?https://t.co/QwTVESwOuM pic.twitter.com/cVcbrHOG7a

— Daniel Roberts (@danroberts0101) September 14, 2023

The research paper entitled “HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH” was prepared by NSA employees. It also referred to the name of Tatsuaki Okamoto, who is a cryptography expert and contributed to the development of the Okamoto–Uchiyama public key cryptosystem in 1998.

The paper explains electronic cash or electronic money similar to Bitcoin. It also explains public-key cryptography that enables the user to transact anonymously without revealing their true identity.

After the paper surfaced on X, Nic Carter, a partner at Castle Island Ventures, came forward on September 21 to support this hypothesis. He said, “I actually do believe this. I call it the bitcoin lab leak hypothesis. I think it was a shuttered internal R&D project which one researcher thought was too good to lay fallow on the shelf and chose to secretly release.”

However, he refuted the claim that the United States government is secretly controlling Bitcoins. He said, “In my version of this made up idea, the researcher did it without permission of the NSA, and chose to leave the coins behind so as to preserve his anonymity.”

He further added: “There’s a ton of other circumstantial evidence which supports this.”

Also Read: Joe Rogan & Post Malone Share Controversial Views On US CBDC

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Rajpal Singh - Former Crypto Journalist at The Crypto Times
By Rajpalsinh
Meet Rajpalsinh, a Content Writer at The Crypto Times, where his magical hands, with over 2 years of experience, transform the cryptic world of crypto into laughably simple tales.

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