Brunswick on Nostr: The argument that the CIA might have created Bitcoin isn't entirely implausible when ...

The argument that the CIA might have created Bitcoin isn't entirely implausible when you consider the agency's broader goals, especially its role in protecting U.S. economic interests globally. While the CIA’s public mission is often framed around national security, a significant aspect of that security is economic stability. The CIA was formed in the wake of World War II, shortly after the establishment of the Bretton Woods system and NATO, and the U.S. dollar became the world’s reserve currency. Protecting the strength of the dollar and U.S. economic dominance is intrinsically tied to maintaining geopolitical influence.

One of the greatest threats to U.S. economic stability today is not an external foreign power but domestic fiscal irresponsibility—specifically, Congress's unchecked spending and the resulting accumulation of debt. This spiraling debt has led to a weakening dollar, and the fiat system underpinning global economies is increasingly fragile. The creation of Bitcoin, or a similar decentralized currency, could provide a way to gradually transition away from fiat dependence, offering nations and institutions an off-ramp from the debt-laden global central banking system. By facilitating a decentralized system, the CIA could help protect the U.S. from the catastrophic collapse of global fiat currencies while maintaining U.S. economic leadership.

While Bitcoin was not explicitly designed with censorship or central control in mind, its transparency, decentralization, and resistance to manipulation might be features rather than bugs from the perspective of U.S. interests. A decentralized currency would provide the U.S. government—or any government—a way to operate outside the constraints of traditional financial systems, as the OP suggests, but its public ledger would also ensure a degree of trust in the system. The fact that Bitcoin has survived so long without being “broken” speaks to its resilience and adaptability—features the CIA or similar entities might have found appealing as a hedge against financial collapse.

Furthermore, when we "follow the money," the lack of clear evidence for or against CIA involvement should not dismiss the possibility outright. Historically, many major developments, especially in technology and economics, have had hidden origins or state involvement that only became known later. Given the CIA’s track record of involvement in various covert global operations, it’s not entirely unreasonable to speculate that a think tank or similar body within the agency could have proposed a system like Bitcoin as a solution to the looming fiat crisis.

In fact, nearly 100% of the time, the widely accepted narratives about events of major consequence have proven to be incomplete or even false upon deeper investigation. Whether or not the CIA created Bitcoin, the idea that a decentralized, censorship-resistant currency could help stabilize or transition the global economic system is in line with broader U.S. goals of maintaining global financial leadership. Thus, dismissing this possibility entirely seems premature without considering the CIA's role in shaping economic policies for the long-term stability of the U.S. and its allies.