Was BTC a State Creation?… (Why We Must Fight for BCH)

EDIT: BigV from the Tokyo Bitcoin Cash Meetup has made some excellent points in regards to this post, and it has turned into a conversation over on the Tokyo Bitcoin Cash forum. You can follow the conversation here: https://forum.bitcoincash.tokyo/d/188-was-btc-a-state-creation-we-must-fight-for-bch/6

I saw this comment on Instagram the other day, and it resonated with me as it’s something that I think about and which bothers me frequently. From the outset I’d like to say I do not think this means that Bitcoin Cash is necessarily co-opted in the same way. I don’t. In fact, I think this governmental origin of BTC is why the blocksize wars were so divisive, and why our little network and coin-that-can seems to be embattled on every side by artificial market pressures and psyops. Anyway, here is the comment:

Now of course this person seems unaware that many believe bitcoin could have been created by a group of people. But still, it got me really thinking on this topic again, and combined with some research and strange new “tweets” from Ross Ulbricht, and the recent vocal support of genocidal maniac Donald Trump by so-called “Bitcoin OGs” and anti-war heroes of libertarianism (who now seem to possibly be just state-plant characters), a picture starts to emerge. This picture is made all the more indelible by reading very early mainstream media articles on BTC, praising it as the next big thing. Like Elon Musk, it is as if “Bitcoin” came out of nowhere, and received massive, positive media attention (including from TIME magazine!) right on cue. Right out of the “Great Recession,” and as libertarians and anarchists were more pissed off than ever, and actually getting jailed trying to launch their own currencies. Silk Road plays into this, too.

But to the main thrust of the post here. We know that the internet emerged as a creation of the U.S. Department of Defense (now Department of War) and that approved, official commercial entities were the first private sector folks to use it, until it was eventually opened to the masses. Similarly, we know that Bitcoin’s Secure Hash Algorithm (SHA) is a creation of the United States government National Security Agency (NSA). Now, both of these technologies can be used in decentralized manners, and for purposes contrary to statist, totalitarian control. However, what states have historically done when there is mass unrest is to corral dissidents (just as the Instagram post says) into neutered, semi-co-opted outlets that are ultimately benign and impotent. Take the Libertarian Party, in American politics, for example. Since its inception in the 1970s, it has done little more than work with Washington D.C. interests and get people who were on their way out of the political circus and toward self-sufficiency and Voluntary anarchy, right back into the political charade. A great distraction. If we look at where BTC is now, we see the exact same thing. What began as an ostensible solution to central bank control and fiscal irresponsibility and violence in the economic realm, is now represented by a big gay D.C. statue of genocider Donald Trump holding a “bitcoin” in his hand with a goofy smile on his face. People no longer use BTC to buy and sell and trade peer-to-peer. They keep it on state-regulated exchanges as a purely speculative asset, doing biometric scans of their faces and supplying all their personal data to be able to use these platforms.

But just like the internet has been a great tool to spread important information otherwise unavailable to the masses, (such as info about convicted sex-trafficker Ghislaine Maxwell’s early history working with Disney, which provided cruises that literally visited Epstein’s island) so has BCH, our still-useful version of Bitcoin — the real Bitcoin — been absolutely critical in allowing people to continue to survive and thrive freely, by being a money outside of the direct control of the state, allowing us to engage in purely peer-to-peer, permissionless transactions.

So what of the “OGs” who help start the whole Bitcoin revolution early on? Well, let’s take a look at some of them. Ross Ulbricht, whose Silk Road darknet marketplace was featured in a massively popular 2011 Gawker article entitled The Underground Website Where You Can Buy Any Drug Imaginable, has just tweeted this week in support of his supposed liberator, Zionist, war-monger U.S. president Donald Trump. The tweet is disturbing not only for its praise of Drumpf, but for its tone. Ross, who always seemed so genuine, now seems to have taken on that unmistakable, sensationalist, shit-talking influencer persona that plagues all of the platform these days. It’s a highly partisan expression that seems pretty out of left field. Here it is, with commentary from me, Voluntary Japan, included:

Surely Ross knows Trump is no angel. Ulbricht thanking him for a pardon is understandable from a PR point of view, but now it seems like he is going to take on a new role as another politico talking-head type. Weird. “Bitcoin Jesus,” the self-proclaimed first investor in BTC, Roger Ver, has also turned to praising Trump very heavily, with cheesy patriotic video montages featuring himself telling Trump “I want to help you Make America Great Again.” Wait a minute. Roger was the one who got me into Bitcoin in the first place by being so decidedly anti-politics and anti-war. Indeed, his own origin story as he tells it is one of being jailed in the U.S. for calling the ATF murderers in court. Why the sudden change of position here? It cannot be ignorance of the bombs being dropped in Gaza, or Trump’s connection to child sex traffickers. Were Ross and Ver turned once captured, or was this whole thing scripted from the start. Honestly, I am starting to suspect the latter.

So we’ve got all these MAJOR publications praising the asset early on, a massive darknet market place which saw documented Federal agent involvement, and larger-than-life characters we really know next-to-nothing about, becoming folk heroes for the frustrated masses and suddenly offering a money that, as TIME Magazine put it: “could challenge governments,” is “anonymous,” and which is a “revolutionary concept” because artificial inflation is impossible. This media praise coming right after a massive, engineered financial disaster had rendered the average working-class individual more desperate than ever for a monetary lifeline.

However one slices it, I think BCH is still a great tool, and maybe our last major chance to make any sort of freedom currency work in the digital realm. We are being systematically isolated, atomized, and splintered, and the internet and digital existing are being clamped down on harder than ever. The global implementation of digital IDs under the false pretense of immigration control is proof of this. And many of those who were at first so fiery about fighting for freedom, are now complacent sitting on a wad of fiat generated by the BTC they acquired early on in the name of stopping war and political oppression and central bank dominance. They’ve been captured. The others who tried to use the currency, and didn’t switch to BCH, simply gave up out of frustration when BTC became unusable due to fees and congestion, or switched to other shitcoins. The moment I see similar with BCH I am also out. But that is somewhat beside the point. The point is that this commenter on Instagram is likely absolutely correct when he or she says “Bitcoin was almost certainly engineered by an governmental intelligence appraratus as a sandbox: test a parallel currency, funnel dissidents into a public ledger, and normalize digital money before CBDCs.
The lone-genius myth is just the cover story.”