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A Nocoiners Concern with Bitcoin - “The NSA Created It”

Episode 13 of the The SatsMate Stack podcast, hosted by Paul SatsMate, titled "A Nocoiners Concern with Bitcoin - “The NSA Created It”" was published on July 4, 2024 and runs 10 minutes.

July 4, 2024 ·10m · The SatsMate Stack

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What is Up Sats Crew, I enjoy networking with normal people in society and recently I went to lunch with a coworker and got into some great discussions surrounding cybersecurity, finance, economics, the BIS, and Bitcoin. Throughout this lunch, we had a great talk on economics, but near the end of the lunch, he mentioned that the reason he doesn't get into Bitcoin is because the NSA created it. I found this interesting, and he wasn't able to back it up too well. Throughout this p...

What is Up Sats Crew, 

I enjoy networking with normal people in society and recently I went to lunch with a coworker and got into some great discussions surrounding cybersecurity, finance, economics, the BIS, and Bitcoin. 

Throughout this lunch, we had a great talk on economics, but near the end of the lunch, he mentioned that the reason he doesn't get into Bitcoin is because the NSA created it. I found this interesting, and he wasn't able to back it up too well. Throughout this podcast I go over the following: 

  • Been on a kick the past couple of weeks taking colleagues to lunch and learning about their life history
  • It is known that we don’t know who Satoshi is, but we have many inclinations on who it could be Len Sassaman, Hal Finney, or Adam Beck
  • One colleague mentioned the reason he doesn’t get into bitcoins because the NSA created it
  • NSA involved in developing encryption tech SHA, but does this mean they invented it?
  • NSA linked to assisting law enforcement to take down Silk Road, but that didn’t have anything to do with the primary currency used on Silk Road
  • Government indeed is trying to get us on digital money
  • Some believe Bitcoin may be a stepping stone to get more people on digital money through their own will
  • There are more convenient ways to get the population to use digital money
  • NSA Backdoor to Bitcoin isn’t possible due to the open-source nature of bitcoin
  • No coiners that are black pilled should take a step back and try to debunk their prior misconceptions
  • Researching the conversations with Satoshi, alongside the initial kickoff with Gavin Andreeson with the CIA, I don’t think that Satoshi is the NSA - more likely someone from the cypherpunk community

What are your thoughts on who created Bitcoin? Do you think just because the NSA created SHA they also created Bitcoin? What would the NSA's incentive be fore this? I would love to hear everyones thoughts. 

Happy July 4th, 

SatsMate

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
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Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
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Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particula

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