{"id":138414,"date":"2024-10-03T10:00:00","date_gmt":"2024-10-03T07:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138414"},"modified":"2024-10-03T00:24:09","modified_gmt":"2024-10-02T21:24:09","slug":"controversial-theory-suggests-bitcoin-was-designed-to-undermine-the-u-s-dollar","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/controversial-theory-suggests-bitcoin-was-designed-to-undermine-the-u-s-dollar\/","title":{"rendered":"Controversial Theory Suggests Bitcoin Was Designed to Undermine the U.S. Dollar"},"content":{"rendered":"

According to Bass<\/a><\/strong>, China, a key geopolitical rival of the United States, benefits from Bitcoin\u2019s<\/a> <\/strong>existence because it weakens the dominance of the U.S. dollar. In his view, the cryptocurrency\u2019s design assists China\u2019s closed capital system while simultaneously undermining the supremacy of the USD on the global stage.<\/p>\n

\u201cThink about it,\u201d Bass remarked in response to a Bitcoin advocate. \u201cWhat functionality helps the communist elite with their closed capital account while concurrently undermining the USD? It\u2019s genius, but it wasn\u2019t created by a Japanese individual,\u201d he said, hinting at his belief that Satoshi Nakamoto is not who the world believes him to be.<\/p>\n

These bold accusations quickly drew the ire of the Bitcoin community, with prominent voices calling for evidence to support such extraordinary claims. Tuur Demester, from Adamant Research, responded directly to Bass on social media, arguing that \u201cextraordinary claims require extraordinary evidence.\u201d Many within the community felt that Bass\u2019s statement was not only speculative but also lacked the necessary proof to back up such a sensational theory.<\/p>\n[reaedmore id=\u201d138364\u2033]\n

The identity of Bitcoin\u2019s creator remains one of the most enduring mysteries in the crypto world. Hal Finney, a late computer scientist who was one of the earliest supporters of Bitcoin and received the first-ever Bitcoin transaction, is often considered a leading candidate to be Nakamoto. However, there are significant doubts about his role as the creator, as no definitive proof has emerged. Over the years, numerous conspiracy theories have circulated, some suggesting that Bitcoin was created by the CIA or even other intelligence agencies. Bass\u2019s theory, which ties Bitcoin\u2019s creation to the Chinese government, aligns with such speculative narratives.<\/p>\n","protected":false},"excerpt":{"rendered":"

Kyle Bass, the founder of Hayman Capital Management, recently sparked outrage within the Bitcoin community by making a controversial claim that the mysterious creator of Bitcoin, Satoshi Nakamoto, could be a Chinese intelligence operation.<\/p>\n","protected":false},"author":3,"featured_media":32062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-138414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"\nControversial Theory Suggests Bitcoin Was Designed to Undermine the U.S. Dollar<\/title>\n<meta name=\"description\" content=\"Kyle Bass, the founder of Hayman Capital Management, recently sparked outrage within the Bitcoin community by making a controversial ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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