A Russian cybersecurity expert is alleging the latter, according to slides obtained from a recent presentation she gave at ITMP University in St. Petersburg. According to Natalya Kaspersky, Bitcoin was actually created by various government agencies as a covert tool for bringing to fruition their globalist agenda.
"Bitcoin is a project of American intelligence agencies, which was designed to provide quick funding for US, British and Canadian intelligence activities in different countries," one of Kaspersky's slides states, as evidenced by photos shared on social media.
"The technology is 'privatised,' just like the Internet, GPS and TOR. In fact, it is dollar 2.0. Its rate is controlled by the owners of exchanges."
Bitcoin founder isn't a real person, alleges Kaspersky
As for Satoshi Nakamoto, the man credited with creating Bitcoin, Kaspersky is suspicious that he's even a real person. During her talk, the cybersecurity guru claimed that Nakamoto is actually a codename for a collective of American cryptographers who represent the real developers of Bitcoin, she claims.
Kaspersky also went after smartphones during her presentation, claiming that they aren't, in fact, "personal devices" as many people believe they are. Instead, she says smartphones are secret spy tools used by corporations and government agencies to track and monitor users as they go about their lives.
Because of all this, Kaspersky is of the persuasion that the recent Bitcoin mini-crash was actually a good thing for the crypto. At the same time, she and others admit that Bitcoin is more than likely here to stay.
"I think now in 2018 we have a lot of people that recognise that bitcoin is not going away," stated Spencer Bogart from Blockchain Capital to CNBC during a recent interview.
"But we have to go back and if we rewind to 2014 when bitcoin came off its highs of $1000 and started declining back to 300, we had the bust of the Silk Road and Mt. Gox."
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Despite growing competition from other cryptos, Bitcoin is here today, some experts say
Emerging cryptos like Ripple, Zcash, and Monero have been capturing the spotlight in recent months, offering alternatives to what some say are Bitcoin's major limitations. These include slow transaction times and high transaction costs, both of which are addressed by newer blockchain technologies.
"I think the Zcash's and the Monero's of the world have a real place in this," Bogart says, noting that he still sees significance with Bitcoin.
"I would say today when I talk to a lot of people out in the marketplace, everyone recognises that bitcoin is not going away," Bogart adds. "So there's a legion of people out there, an increasingly growing segment of people, that see this as a great buying opportunity and I definitely think that's the case with bitcoin."
The real value associated with any crypto lies in its ability to be used as an alternative to fiat currency, which is one area where Bitcoin is currently lacking. The Bitcoin platform can only handle a dozen or so transactions at any given time, and the cost of these transactions is currently far too high for the crypto to be considered practical.
But this is where alternative cryptos like Zcash and Monero come into play.
"We're getting a little bit deep in the tech here but privacy is the other side of the coin to fungibility so when I use my $20 bill at the local grocery store, they don't differentiate one $20 bill from another $20 bill right?" says Bogart.
See more news on Bitcoin at BitRaped.com.
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