No, CIA Did Not Invent Bitcoin BTC, Max Keiser Debunks Conspiracy Theory

Max Keiser, a prominent Bitcoin BTC advocate, has debunked the conspiracy theory that the CIA created the top coin. Max is supported by other market analysts, who have released detailed evidence to back their view.

Amid the ongoing debate, the BTC price has recovered slightly from recent lows, surging to the $109,000 levels.

Max Keiser Debunks Bitcoin BTC Conspiracy Theory

“No, the CIA did not invent Bitcoin,” Max Keiser wrote in an X post. This is a direct rebuttal to an ongoing conspiracy theory circulating within the crypto community.

To support his opinion, Max shared a conversation with Grok that counters the conspiracy theory. The conversation began by pointing out the origin of Bitcoin, launched on October 31, 2008, via a Whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”

According to the details, Bitcoin was introduced to the cypherpunk mailing list by an individual or group using the pseudonym Satoshi Nakamoto.

Additionally, Satoshi mined the genesis block (block 0), on January 3, 2009. It included the headline: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”

Furthermore, the Bitcoin software was released as open-source on January 9, 2009. Anyone could (and did) review, audit, and contribute to it.

Another key evidence against the CIA theory is that Bitcoin is fully transparent. This means every transaction is public.

Also, Satoshi has a unique writing style, code, and timestamps that match a lone cryptographer, rather than an agency.

Moreover, Bitcoin was designed to bypass central authorities, opposing the goals of the CIA.

Why Tucker Carlson Thinks CIA Created Bitcoin BTC

Intriguingly, American political commentator Tucker Carlson is among those championing the Bitcoin conspiracy theory.

He is convinced the U.S Central Intelligence Agency (CIA) created Bitcoin. Based on this, Carlson has refused to invest in BTC or even use it for transactions.

His argument that the CIA created Bitcoin is rooted in skepticism of centralized power, government secrecy, and Bitcoin’s mysterious origins.

Carlson warned that elites who manipulate politicians will hijack BTC, using it for control. He added that Satoshi Nakamoto’s anonymity, combined with technical sophistication, smells like an intelligence agency operation.

Carlson also emphasized that he is from a government family. He believes his close association with the government gives him enough knowledge to trace Bitcoin’s origins to the CIA.

The argument from Carlson survives because the anonymity of Satoshi is genuinely spooky. Moreover, some crypto community members recently raised arguments that Satoshi was not a good programmer.

However, 15 years of uncontrolled decentralization makes CIA authorship increasingly unlikely.

More Support for Max Keiser

Besides, other community members have joined Max to counter the BTC conspiracy theory.

Crypto enthusiast Richard Heart pointed out that Bitcoin relies on elliptic curve cryptography (ECC) for generating public-private key pairs and signing transactions.

Simply explained, ECC is a form of public-key cryptography that is more efficient than older systems. It allows secure operations with shorter keys.

Heart highlighted that Satoshi specifically chose to use Bitcoin using a specific elliptic curve called secp256k1, defined by the equation y^2 = x^3 + 7.

By using this curve, Heart explained that Satoshi avoided anything tied to U.S. standards. He added that if Bitcoin were a CIA project, they would not risk using a curve they could not easily backdoor.

To Heart, Satoshi’s pick smells like cypherpunk distrust, not deep-state design.

These arguments come amid several legal actions to identify the person or group behind Bitcoin. In April, a crypto lawyer filed a lawsuit against the U.S. Department of Homeland Security (DHS) demanding the disclosure of Satoshi’s identity.