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Kyle Bass claims Bitcoin was created by Chinese intelligence

October 02, 2024, 7:43 PM
Kyle Bass claims Bitcoin was created by Chinese intelligenceHedge fund manager Kyle Bass has claimed that Bitcoin’s creator, Satoshi Nakamoto, could be linked to Chinese intelligence, according to U.Today. Bass, founder of Hayman Capital, argues Bitcoin helps China undermine the U.S. dollar, calling it "genius" but insisting it wasn’t designed by a Japanese individual. His remarks have sparked criticism from the Bitcoin community, with calls for evidence to back his claim. Despite speculation, Bitcoin’s true creator remains unknown, with theories also suggesting links to the CIA. China, meanwhile, has banned cryptocurrency trading and mining since 2021.

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