by Kenneth Schortgen, The Daily Economist:
Is it coincidence or irony that the now famous Satoshi white paper that started the cryptocurrency industry was published during the very month of the financial crisis that many analysts believed was sufficient enough to take down the entire economic system? Because certain documents uncovered from the NSA going back to 1996 may point to a correlation between the government and Bitcoin, and how the current cryptocurrency frenzy might possibly be an experiment for the future of government controlled money.
Of course many Bitcoin evangelists will simply ignore this possibility, especially since they are integrally staked towards the success of this and other cryptocurrencies. But all one has to do is look at Al Gore and his monetary ties to the pushing of man-made global warming and the desire to see money become nothing more than carbon credits to realize that to find the truth of any given matter, one must always follow the money.
So with this in mind, what possible evidence is there that Bitcoin and the concept of cryptocurrencies may be either driven by the government as a mechanism to eliminate cash, or as a platform to provide a new system altogether that replaces sovereign fiat currencies?
In 1996 the NSA (that’s right, a government agency) published a White Paper titled, HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONICCASH. And in this white paper, analysts and researchers laid out the entire breadth and scope of replacing cash and other fiat currencies with a completely digital one, based on anonymous cryptocurrencies.
And they did this 12 years before the anonymous ‘Satoshi Nakamoto’ published his/her White Paper on the very eve of the financial collapse.
What is also interesting when you do a Word Cloud of the information compiled in the 1996 NSA document, is that the words Bit and Coin(s) occur in the most frequent 300 words of the search.
Cryptocurrencies in general should be considered as public enemy number one to central banks and sovereign governments, but so far there has been only a modicum of resistance to their creation and implementation. And in instances like Japan, they are readily becoming accepted into their economies and monetary systems. Yet make no mistake, if something threatens the sovereignty of a nation’s money, history shows that governments have been quick to destroy it before it has the potential to compete or threaten their own controlled legal tender.
Only time will tell if the Satoshi White Paper and the advent of Bitcoin in October of 2008 was simply a coincidence and perfect timing when the world was on the brink of monetary collapse, or if this anonymous publication and creation was meant to be engineered all along by the very entities that cryptocurrencies seek to overthrow. Because this would also mean that the resignation by J.P. Morgan’s Blythe Masters in 2014 to create a new startup for blockchain technology was also a coincidence, as is thecryptocurrency engineered by the Federal Reserve to one day soon function in the capacity of global bank settlement.
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