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Satoshi Nakamoto = NSA, so the point remains. That being said, Monero still remains untraceable.

by yucky 4y ago

throwawaylinux 4y ago
There is no way the government could restrain themselves from spending that money if they had it so it can't be the NSA.
- yucky 4y ago
  The US Government prints money whenever it feels like it despite being $30 Trillion in debt, it's the only entity in the world that could manage to not spend it.
  - throwawaylinux 4y ago
    No that's not right. It's not that all the countless departments and agencies can go to the federal reserve or congress whenever they need more money and it will write them a check. I mean in aggregate that's vaguely how it goes, but there is never enough money to spend at any given time. If there was a gigantic cache of money, they would be unable to help themselves. Why do you think the CIA sells drugs and weapons? It's not a couple of greedy dudes at the top running everything and telling everybody to waste money. It's systemic from top to bottom.
    - yucky 4y ago
      > Why do you think the CIA sells drugs and weapons? For the same reason the NSA invented Bitcoin, to further their interests outside the bounds of the law.
steveBK123 4y ago
NSA inventing crypto honestly seems like one of the less implausible conspiracies. I mean they basically compromised Tor already. They have a vested interest in tracking decentralized communications and assets. The pseudonymous nature coupled with its public ledger actually make it great for an NSA type entity to track fund movement by people who think they are operating in the darkness.
- kkielhofner 4y ago
  The US government invented and funds Tor (more or less). Along your lines of thought I think it’s obvious “Satoshi” shows up out of nowhere, drops exquisite crypto code that provides an open network that attracts exchange of funds that largely end up being illicit, and then sits on wallets worth significant amounts of money to anyone other than the US government (current Satoshi wallet value is $42b, estimated annual NSA budget alone is $65b and all in it’s likely many multiples of that). The US government can and does spend trillions on war. If it came to that taking down bitcoin is a rounding error. It has NSA written all over it and given what we already know of the capabilities of the NSA if it wasn’t created by them one way or another (push come to shove) the US government could shut it down at the bat of an eye. Anything else is bitcoin maxi wishful thinking.
  - defrost 4y ago
    Others might think it equally obvious that Satoshi is Yet Another Bourbaki of computational algebraists who can no longer sign a cryptographic quorum.

Satoshi Nakamoto = NSA, so the point remains. That being said, Monero still remains untraceable.

by yucky 4y ago

Satoshi Nakamoto = NSA, so the point remains. That being said, Monero still remains untraceable.

There is no way the government could restrain themselves from spending that money if they had it so it can't be the NSA.

yucky 4y ago
The US Government prints money whenever it feels like it despite being $30 Trillion in debt, it's the only entity in the world that could manage to not spend it.
- throwawaylinux 4y ago
  No that's not right. It's not that all the countless departments and agencies can go to the federal reserve or congress whenever they need more money and it will write them a check. I mean in aggregate that's vaguely how it goes, but there is never enough money to spend at any given time. If there was a gigantic cache of money, they would be unable to help themselves. Why do you think the CIA sells drugs and weapons? It's not a couple of greedy dudes at the top running everything and telling everybody to waste money. It's systemic from top to bottom.
  - yucky 4y ago
    > Why do you think the CIA sells drugs and weapons? For the same reason the NSA invented Bitcoin, to further their interests outside the bounds of the law.

steveBK123 4y ago

NSA inventing crypto honestly seems like one of the less implausible conspiracies. I mean they basically compromised Tor already. They have a vested interest in tracking decentralized communications and assets. The pseudonymous nature coupled with its public ledger actually make it great for an NSA type entity to track fund movement by people who think they are operating in the darkness.

kkielhofner 4y ago
The US government invented and funds Tor (more or less). Along your lines of thought I think it’s obvious “Satoshi” shows up out of nowhere, drops exquisite crypto code that provides an open network that attracts exchange of funds that largely end up being illicit, and then sits on wallets worth significant amounts of money to anyone other than the US government (current Satoshi wallet value is $42b, estimated annual NSA budget alone is $65b and all in it’s likely many multiples of that). The US government can and does spend trillions on war. If it came to that taking down bitcoin is a rounding error. It has NSA written all over it and given what we already know of the capabilities of the NSA if it wasn’t created by them one way or another (push come to shove) the US government could shut it down at the bat of an eye. Anything else is bitcoin maxi wishful thinking.
- defrost 4y ago
  Others might think it equally obvious that Satoshi is Yet Another Bourbaki of computational algebraists who can no longer sign a cryptographic quorum.