Post
Topic
Board Bitcoin Discussion
Re: Has the NSA already broken bitcoin?
by
BurtW
on 24/04/2015, 18:11:06 UTC
Apart from that, what makes you think that Bitcoin is not an NSA project to begin with?
What makes you think that, even if that were the case, it would matter at all?

Bitcoin is open source, and clearly documented, and everybody can verify that it does what it's supposed to do, and cannot be controlled by the maker or anyone else.
Whoever made Bitcoin, or why, is completely irrelevant.

And by the way, I still see a lot of people in this thread talking about the NSA (or China or quantum computers or anyone) decrypting stuff, or 'breaking encryption'. Get a grip, people. THERE IS NO ENCRYPTION IN BITCOIN WHATSOEVER. So there's nothing to decrypt to begin with.
Maybe it is just semantics but when you sign a transaction with your private key some people would call that encrypting.  These same people sometimes call the process of verifying signed data using the public key decryption.

Bitcoin does these processes, whatever you want to call it.