Nic Carter doubles down on theory Bitcoin was invented by NSA
Bitcoin advocate Nic Carter has come out to reiterate his support for the theory that the United States National Security Agency (NSA) had something to do with the creation of Bitcoin (BTC).
On Sept. 15, Iris Energy co-founder Daniel Roberts seemingly revived the decade-old theory on X after posting screenshots of a 1996 paper titled “How to Make a Mint: The Cryptography of Anonymous Electronic Cash.”
The paper is one of the first known discussions of a Bitcoin-like system, which proposes using public-key cryptography to allow users to make anonymous payments without revealing their identity.
The footer notes show the research paper was “prepared by NSA employees.” Sources included cryptography expert Tatsuaki Okamoto, who co-invented the Okamoto–Uchiyama public key cryptosystem in 1998.
On Sept. 21, Carter, a partner at Castle Island Ventures, doubled down his support for the notion, stating, “I actually do believe this,” before adding:
Carter has actually held the theory for several years, proposing back in 2020: “If Bitcoin was written by NSA cryptographers as a monetary bioweapon, if you will, and the code escaped those sensitive confines... does that make it a virus... that escaped from a lab?”
In 2021, he stated, “The only decent thing the NSA ever did from the world was let bitcoin leak from the lab.”
I actually do believe this. I call it the bitcoin lab leak hypothesis. I think it was a shuttered internal R&D project which one researcher thought was too good to lay fallow on the shelf and chose to secretly release https://t.co/qXJkQTciSK
However, he went on to say that this doesn’t imply that the United States government secretly controls all the Bitcoin, another theory that often piggybacks on the Bitcoin/NSA conspiracy
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