A statement from Beijing rekindles the debate on the origin of bitcoin. Educator Jiang Xueqin puts forward a sensitive hypothesis: the first crypto could be linked to American intelligence agencies. This position questions both the genesis of the protocol and the interests it could serve. Faced with this theory, the crypto ecosystem opposes technical arguments, reviving a subject as old as it is controversial.
In brief
- A statement from China raises questions about the real origin of Bitcoin and its possible links with the United States.
- Jiang Xueqin puts forward a controversial hypothesis, based on the anonymity of the creator and the complexity of the protocol.
- The idea of a project originating from American agencies such as the CIA or DARPA is mentioned, fueling suspicion.
- Faced with these assertions, experts point out the decentralized operation of the Bitcoin network.
A controversial hypothesis about the origin of bitcoin
Jiang Xueqin rekindles the debate by putting forward a theory that shakes up the traditional narrative around Satoshi Nakamoto. During a podcast, he questions the very foundations of bitcoin, asking three central questions: who had the technical capabilities to create it, who really benefits from it, and why its creator remained anonymous.
According to him, a game theory analysis reveals an inconsistency between the development effort and the apparent absence of direct financial motivation.
He also raises the hypothesis of institutional support, citing agencies like the CIA or DARPA. In his reasoning, the complexity of the protocol and its free availability on a global scale do not correspond to the usual logic of an independent developer.
It also indicates that blockchain could come from environments similar to those that allowed the emergence of innovations like the Internet or GPS, while serving objectives related to surveillance or discreet financial activities. According to him, several elements question and challenge the idea of individual creation:
- The persistent anonymity of the creator of bitcoin;
- The level of technical sophistication of the protocol;
- Its free distribution worldwide.
The technical response of the crypto ecosystem
Faced with these assertions, sector analysts point out fundamental elements of how bitcoin works. Unlike the idea of a centralized infrastructure, the network relies on around 97,000 nodes spread across 164 countries.
Such a distributed architecture prevents any single entity from controlling the system or becoming a point of failure. Critics of Jiang Xueqin point out that the emphasis on physical servers reflects a misunderstanding of decentralized systems. The operation of the network is based on distributed validation, where each participant can verify transactions independently.
This debate is part of a controversy surrounding the identity of Satoshi Nakamoto. A recent investigation reported by the American press suggested that Adam Back could be the originator of bitcoin, based on similarities in writing and his early involvement in cryptography.
The person concerned publicly rejected this hypothesis, declaring that he was not the creator of the protocol. He also noted that maintaining anonymity could build trust in the network, while a revelation of government involvement could instead slow adoption.
These exchanges illustrate the persistence of a double narrative around bitcoin: that of a radically decentralized innovation, and that of a tool potentially linked to state logic. As long as the identity of its creator remains unknown, these theories will continue to fuel the debate, at the risk of influencing the perception of the public and investors on the very nature of the protocol.
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