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4 Reasons to Believe the Deep State (or the NSA) Created ₿itcoin

4 reasons to believe the deep state (or the nsa) created ₿itcoin

4 Reasons to Believe the Deep State (or the NSA) Created ₿itcoin

Who is the creator of ₿itcoin? The mysterious Satoshi Nakamoto, who has written the ₿itcoin Whitepaper, has never been identified. Since 2009, there have been many theories of whom created Bitcoin. Some even think the NSA created it.

1.) They did create part of it for sure

SHA-256 is the secure hashing algorithm which is an essential part of ₿itcoin’s architecture. It is an NSA hash function algorithm first published in 2001.

“How ₿itcoin Protocol Works” – Andreas Antonopoulos

This is a really excellent lecture about SHA-256 and how it is used by the ₿itcoin protocol, because it’s very technical (instead of using metaphors to describe how ₿itcoin works), and someone who isn’t a computer nerd can take most of it in and understand what he’s saying:

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 compress 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 ₿itcoin works, as very eloquently explained by Antonopoulos in the lecture above.

2.) Satoshi Nakamoto Means “Central Intelligence”

4 reasons to believe the deep state (or the nsa) created ₿itcoin

From Wikipedia: https://en.wikipedia.org/wiki/Satoshi

4 reasons to believe the deep state (or the nsa) created ₿itcoin

From Ancestry: https://www.ancestry.com/name-origin?surname=nakamoto

Now, this could be a giant coincidence, but it’s unlikely that it is one. What’s indisputable is that whoever created ₿itcoin used “Central Intelligence” in Japanese as their moniker.

Of course, that’s not proof it’s the CIA that created ₿itcoin.

It could have been the NSA that named ₿itcoin’s pseudonymous creator “CIA” in Japanese as a joke or to throw people off the trail.

Or it’s possible that non-Deep State programmers did this as a joke or a red herring.

3.) How a cryptocurrency benefits the Deep State:

The Deep State would want cryptocurrency to exist. As ₿itcoin’s critics like to say, it’s something perfect for organizations that have clandestine operations (like the CIA is known to have).

It’s a way for the Deep State to have a financial infrastructure outside the watchful gaze and control of institutional finance on Wall Street or any other banks on the planet.

The Deep State would have loved to have cryptocurrency back during the Iran Contra affair with Oliver North, the Marine Lt. Col who ran a secret operation (maybe for Ronald Reagan himself) to move money from the Middle East to Nicaragua to financially support Contra rebels.

4. DOJ Cybercrimes Prosecutor Explains How BTC Helps The FBI Catch Criminals

Crypto makes it easier for the Deep State to hide what it’s doing, but it also makes it easier for them to see what criminals are doing.

In this lecture about a cybercrime drama so fantastic it could be a fictional movie plot, a former DOJ cybercrimes prosecutor explains how useful the public record of accounts and transactions on the ₿itcoin blockchain is for Deep State police investigating crimes.

The thing about ₿itcoin is it’s not private. It’s completely transparent. Every account, and every amount, and every transaction is all available on a giant, public document that is maintained on something like 10,000 different nodes.

On ₿itcoin’s blockchain account info doesn’t hide behind a password that only a trusted institutional administrator has–– as with fiat banking. The Deep State, always keen on surveillance, has already made hay of this whether it created crypto or not.

Published at Wed, 06 Feb 2019 17:40:46 +0000

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Blockchain & Artificial Intelligence: Money of the Future?

Both artificial intelligence and blockchain technology have made major advances in the past few years. Could they be combined to bring us the money of the future?


Artificial Intelligence

Recently, many advances have been made in the field of artificial intelligence. In the past few years, we saw artificial intelligence beat one of the world’s best players at Go, save drivers from car crashes, and predict the outcome of the US Presidential Election.

Google Home & Amazon Echo

Many companies, both established market leaders and new startups, have started to incorporate artificial intelligence into mainstream products. AI technology can be found in voice and home assistants, such as Siri, Google Home/Assistant, and the Amazon Echo. These companies use artificial intelligence in different ways, including making predictions, voice recognition and image recognition.

AI in Finance

More and more, financial firms are turning to machines to replace humans at jobs that they have done for decades. Many wealth management firms already employ robots and artificial intelligence software to trade and invest for their customers. This is because computers are much quicker than humans at competing in a market where nanoseconds count. A slight delay could mean an entirely different outcome.

bitcoin price

This type of trading activity isn’t just limited to traditional financial markets. Artificial intelligence is also starting to be used in bitcoin and altcoin markets. This is extremely prevalent in altcoin markets wheremany bots and AI trading software are used to take advantage of price fluctuations.

However, this isn’t the only use case for artificial intelligence technology in financial and bitcoin applications.

Mobile Banking for the Unbanked

One new platform called Humaniq aims to bring banking services to those who lack access, especially for people in developing countries.

The platform is built on top of the Ethereum blockchain as a variety of smart contracts; but with a twist. Instead of requiring ID/Passport Verification like most bitcoin exchanges, the aim is to simply verify a user’s identity using artificial intelligence.

Bitcoinist_privacy

Users will be prompted to verify their identity when they start using the Humaniq system. However, only simple tasks need to be completed for this. Identity Verification would only consist of doing something very simple, such as taking a quick picture of themselves, or by reading a short piece of text. Voice and Image Recognition technology powered by artificial intelligence would then be able to quickly confirm their identity without any hassle or delay.

This could potentially be a huge step forward for citizens in developing countries integrating themselves into the global economy. Seeing that it’s currently estimated that there are more than 2.5 billion unbanked in the world, many stand to benefit from such a platform.

[Note: This is a sponsored article provided by Humaniq] 

Could Humaniq’s implementation be a real game-changer? Let us know your thoughts below!


Images courtesy of PC Magazine, Shutterstock

The post Blockchain & Artificial Intelligence: Money of the Future? appeared first on Bitcoinist.com.

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