US and UK Govt Created BTC To Deal With Future Monetary Crisis

Raoul Pal, a former executive at Goldman Sachs, has an idea about who or what could have made Bitcoin (BTC).

In a new interview with YouTuber Tom Bilyeu, the CEO of Real Vision said that he thinks the US and UK governments might be Satoshi, the anonymous person who created Bitcoin.

Pal says he thinks that BTC’s “pseudonymous founder” was actually a group of government workers from the US National Security Agency (NSA) and the UK’s Government Communications Headquarters (GCHQ) who were trying out different ways to protect the West’s financial dominance around the world.

The former Goldman Sachs employee says that he talked about these kinds of threats with a Department of Defense (DoD) official in 2013 or 2014.

“They periodically reach out to people like me, thinkers about stuff, who are looking at crises and things like that, because their job is to assess risk. And I was talking to them about it… and he said, ‘We’re worried about debt, we’re worried about the system blowing up.’

I said ‘Yes, obviously. Everybody is.’ Because that’s one of the things they need to game out, what happens if the West loses control of money and debt and everything else.

And I said, ‘Well, I think the answer’s there, and I think it’s Bitcoin.’ And he said, ‘Yeah, tell me more.’ And I said ‘And I think the US government and the UK government invented it.’ Which is the NSA and the GCHQ in the UK, who are the two world centers of cryptography…

And I asked the Department of Defense, they said, ‘Yeah, we’ve considered that too.’”

Pal says that the theory is supported by the fact that Bitcoin came out at the height of the 2008 financial crisis and that its value is cut in half every four years.

“I don’t think it’s a coincidence it came out in the (2008) financial crisis. I don’t think it’s a coincidence that the halving cycle and all of this [are] related. It is the solution, always has been the solution. You just can’t go there tomorrow.”