Bitcoin Created By The CIA? Chinese Professor Jiang Xueqin Makes Bold Claim

Chinese-Canadian educator and Predictive History host Jiang Xueqin has stirred debate after arguing that Bitcoin might have been created by the CIA or a broader US “deep state,” moderately than by the pseudonymous Satoshi Nakamoto. The declare, made on the April 15 episode of the Jack Neel Podcast, shortly drew pushback from distinguished Bitcoin commentators who stated Jiang’s argument rests on a primary misunderstanding of how the community works.

Was Bitcoin A CIA Project?

Jiang, a Beijing-based commentator with 2.3 million YouTube subscribers, framed the idea round what he described as a game-theory technique of elimination. He stated the usual origin story “is not sensible,” asking why somebody would spend years and even many years creating blockchain know-how solely to launch it to the world at no cost after which disappear.

“So then it’s important to ask your self three questions,” Jiang stated. “First of all is who would have the know-how and the experience to create one thing just like the blockchain. Second of all, it’s important to ask who would profit from this blockchain creation. The third query you need to ask is why would they hold it secret?”

From there, Jiang argued that the doubtless candidates were US intelligence and protection companies, citing the function government-linked establishments performed in constructing foundational web infrastructure. “Probably the identical individuals who created the web, most likely the identical individuals who created GPS, DARPA, NSA, CIA, most likely these guys,” he stated. In his telling, blockchain would serve two strategic functions: surveillance and covert financing.

He pushed the argument additional by suggesting that the community’s worth is determined by folks believing it sits outdoors political management. “The reply is provided that folks consider that this was clear, open and past authority, past political management, would it not have worth,” Jiang stated. “So the second folks acknowledge that it is a CIA operation, folks gained’t put their cash into blockchain. People gained’t put their cash into Bitcoin.”

Jiang additionally pointed to what he sees as suspicious early adoption, particularly referencing the Winklevoss twins’ determination to allocate tens of millions of {dollars} into Bitcoin when it was nonetheless a fringe asset. “These are usually not technologists, proper?” he stated. “How why would they put tens of millions and tens of millions of {dollars} into this factor? That’s actually unusual.”

Professor Jiang Xueqin claims bitcoin was created by the CIA.

“Why would you spend years, probably many years, in your basement creating a brand new know-how after which simply give it at no cost to the world? That is not sensible.”

“When you do sport principle evaluation, you have a look at all… pic.twitter.com/uLtRVpkj0t

— TFTC (@TFTC21) April 15, 2026

Bitcoin Community Reacts

The backlash from Bitcoin-focused voices was speedy and blunt. Ansel Lindner dismissed the idea because the product of people that “don’t perceive decentralization,” including “This is the opinion of so many midwits. It’s additionally the explanation even some gold bugs can not comprehend bitcoin to at the present time, and why midwits consider in centralized rip-off sh*tcoins.”

Lyn Alden agreed. “Ansel is correct,” she wrote. “People with this view don’t really perceive the open supply side or the proof of labor side totally. A robust level about Bitcoin is that it actually doesn’t matter who created it. It could be assessed by itself deserves because it’s clear and decentralized.”

That line of rebuttal goes to the core of the dispute. Jiang’s principle hinges on origin and hidden management; however the info about Bitcoin’s design makes these questions far much less essential than he suggests, as a result of the community is public, open-source, and maintained by members moderately than by a central operator.

MDB, one other Bitcoin commentator, centered on one in every of Jiang’s particular questions: “Where are the servers of Bitcoin situated?” He stated that query alone confirmed the core drawback and lack of awareness by Xueqin. “Bitcoin doesn’t run on one firm’s servers,” MDB wrote. “Bitcoin runs on a distributed community of nodes unfold internationally, which is strictly why it’s laborious to censor, shut down, or management.”

At press time, BTC traded at $74,886.