Crypto Conspiracy

Dominik Olech
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Since its very beginning, Bitcoin acts well on people’s imagination. Its unspecified, mysterious history encourage people to create many fantastic theories.

Some of them are literally out of this world, so better take your foil hats and come see what the cryptocurrency conspiracy looks like.

Shady beginnings 

The first steps of Bitcoin are shrouded in mystery. Since the registration of bitcoin.org domain by Satoshi Nakamoto, all activities around it were mostly reaching a small base of fans. With the growing popularity of Bitcoin, those times were slowly becoming “mythical” in the cryptocurrency world – the same as the identity of its creator.

This mysterious character ignites the imagination of all crypto enthusiasts around the world.  We also have our input in the growing number of articles about Satoshi identity. The most exciting thing about him is that his activity is inversely proportional to the popularity of cryptocurrencies. He simply moved into the shadow when the Bitcoin had started to live its own life.

Such a move might be interpreted in many ways. Maybe he was overwhelmed by the scale of his creation? Or he just thought he had done his job and it was time to rest. Or perhaps he passed away, and because of his anonymity, we’ll never learn about it? The reason for his disappearance is even more mysterious than Satoshi himself. Sadly, both questions remain unsolved – and they will probably stay that way forever. But it wouldn’t hurt to look for the answer.

National Satoshi Agency 

Governments are very graceful subject for fans of conspiracy theories. They always have some secrets, and they can’t defend themselves, caused by denying they’re also admitting that something is going on… So, it was natural that sooner or later, someone would come up with the idea of some connections between them and Bitcoin.

One of the theories suggests that the first cryptocurrency was created by American National Security Agency (in shortcut, NSA – and do not confuse it with NASA – there are separate theories that point on them too). There have been plenty of threads on forums and subreddits (here you might see one of the earliest examples) which are full of pieces of evidence that Satoshi Nakamoto was, in fact, a team of specialists designated by this organization, pointing as evidence that NSA has been debating on the potential of digital money long before the actual invention of Bitcoin. But, Da Vinci had been thinking about planes too, and it doesn’t mean that he created a one.

Another popular theory point on the other side of the globe, on China. Its supporters imply that Bitcoin is created by the communist government, and with the use of the national IT industry, they would become the leader in global mining. The Japanese name of first cryptocurrency creator was, in this case, a cover to avoid suspicions

But why would governments create something which is in opposition to the idea of centralized national currencies? To gain global domination, of course, by destroying the world’s economic system. It also fits well to famous theories concerning Illuminati or New World Order. 

Blockchain A.I.

The idea of some higher authorities staying behind the Bitcoin is fascinating, but it lacks some magic. Fortunately, there are theories which aim much further than that. Some people think that cryptocurrencies are a little too perfect to be created by a simple human being. Such conclusions lead to many possible explanations, usually related to alien activity or apocalyptic prophecies – people’s imagination is unbelievable, as you might see on this Reddit thread.

For example, some people trace the source of Bitcoin in prophecies. Most of them point on biblical references, claiming that cryptocurrencies are one of the devil’s tools in bringing doom to our world. There are also voices suggesting that Nostradamus, a famous French prophet, foretold them too. 

But one of these unbelievable theories is especially interesting. It suggests that Bitcoin is artificial intelligence, learning with every mined block, every sent transaction. Supporters of this theory claim that decentralization of this currency is, in fact, a cover for its unnatural character. In this scenario, the self-learning Bitcoin web leads to popularize the idea of digital money to increase its computing power. It would cause a snowball effect when more and more people unconsciously support to create an artificial mastermind.

Bitcoin mythology

All theories concerning cryptocurrency have one thing in common. They mostly apply to the times when the idea of decentralized, digital money was still young, and its main supporters where groups of geeks who saw its potential. But when Bitcoin started to move in more “mainstream” direction, the cryptocurrencies stopped to be a technological curiosity and become a worldwide trend. The whole magic of rogue money, developed to overthrow the economic system, has gone. 

And that’s why people keep the debate about different theories. It creates some kind of mythology around crypto society. No matter if these are substantive discussions about Satoshi identity, some assumptions about government interference, or craziest fantasies involving aliens – all of them refer to the vital part of this community. And that’s why we keep seeing new threads with some Satoshi revelations – they all are an essential part of constantly growing Bitcoin legacy.

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