Bitcoin Mystery Solved

Re: Your Inquiry on Bitcoin Genesis

From: Braniff 3 Feb, 2021

While I appreciate your request for an interview - this email will have to suffice.

You may call me Braniff - each of us took the name of a defunct company to hide our actual identity, I’m sure you can understand. I worked for the US Central Intelligence Agency (CIA) from the late 1980’s through to 2010.

To understand why we created Bitcoin - you’ll need to know some history.

After World War 2 governments were filled with distrust - weapons that could destroy an entire city in an instant will do that… This led to the creation of more (In number) and more powerful intelligence agencies. In America the OSS became known as the CIA.

There is an issue with open democracies funding clandestine agencies like the CIA - your enemies know how much you are spending. So a new class of federal funding was created - known as Black Cash or Black Funding. At the end of the day however, your federal books still need to balance for John Q. Public - and so the amount of Black funding you can do is limited.

This led to the first innovation in Spycraft funding - the sale of stale secrets - and this my friend was the start of the cold war funding race. You see, each side would sell secrets to each other. Secrets that were outdated and of little to no value - for vast sums of money. It was easy to hide money back then. Computers were a nascent technology and posed no risk - yet.

The second funding method was war - with the sale of arms and ammunition. With tons of obsolete WWII equipment laying about - it became easy to fund warlords in Africa, Asia, and even Latin America. This was especially useful if there were communist countries in the vicinity - allowing us to kill two birds with one stone. Funds for us - problems for the Russkies.

Business was done in a combination of cash, and gold. Gold is better because you can’t tell what country is involved - but dollars are a heck of a lot lighter and easier to transport.

But who invented Bitcoin you ask? Well in a way it was George H. W. Bush. George realized the both dollars and gold were problems. Once he was high enough in the CIA ranks he began a process to convert our cash into multiple European currencies stored in Swiss bank accounts and then converted most of our gold assets into diamonds. Small, light, impossible to trace - an almost perfect currency for clandestine operations. A true genius!

But he couldn’t see what direction the world would take. After Korea, Vietnam, and other smaller proxy wars around the globe - citizens began to dislike the idea of all of this fighting and death. Moral uprisings began in many countries. Embraced by the West, crushed by the East, but both sets of governments knew that things had to change. Funding warlords and rebels with Black Cash had to stop and traditional gun smuggling was becoming frowned upon. Clandestine organizations had to adapt.

We’re up to the 70’s now and the new funding rush is DRUGS. Through 70’s and even in the 80’s when I started buying/making/selling/stealing/brokering drugs is now the main source of funding. CIA and MI6 operatives run the largest and most profitable “Companies” of the time. We even got involved with some of the larger gangs and so we could control and direct the violence. Drug violence was a cover to more governmental hits than you can imagine.

The money was mad! Literally boatloads of it!!! We had huge holdings in various Swiss banks and were probably the largest holders of diamonds in the world. When we got into diamonds big time in the 70’s prices for a “1.00 Carat EX EX EX, H&A, Super Ideal Cut, Flawless” was $6,900. We struggled to avoid inflation and make a stable exchange but by the 90’s started prices had climbed to $13,900. Inflation it turned out, can be a good thing. Diamonds we had held onto for decades were now worth twice what we had paid - and still untraceable.

In 1990 we coordinated the downfall and arrest of Manuel Noriega - leader of Panama - because he wanted a larger share of the drug pie! Sometimes I miss those days of power and prestige. But the writing was on the wall - we needed to find new funding - the drug trade was becoming too popular with governments and the cartels more and more difficult to control.

But back to George H.W. Bush - he was elected president in 1989 and was forced to sign the Clean Diamonds Trade Act. He had been our biggest supporter and now he was signing a law that would render all diamonds TRACEABLE. We started to liquidate our diamonds and move our holdings even more into the Swiss banking system.

Then we got screwed again - in 2005 we started hearing rumblings that there were people in the US and British governments that wanted access to Swiss banking records - for tax purposes, but we knew this was another attack on powerful intelligence agencies like ours. We (US and UK agencies) partnered with our Russian and Chinese adversaries to find ways to hide our assets. In a way, we made peace (And profits) before our governments did.

I was placed on a team of 6 that included UK and US personnel. 3 from each country. My background in logistics and the drug trade was coupled with banking experts, smugglers, and even a social psychologist to try to create new ways to protect and grow our assets.

I didn’t realize it yet - but we had almost become our own secret country. I was fighting to defend my new “Homeland” or maybe just fighting to protect my own power and prestige. The money didn’t hurt either. The lowest amount any of the 6 of us had made in the previous 5 years was $11 million. $11 million personal profits on a lousy $86,000 a year government salary - not a bad company perk!

In 2005 we took note of some work around Proof of Work concepts, and noted how transactions recorded using this format could theoretically be made untraceable. The issue was that the assets had to exist on the front end and still had to exist on the back end. Therefore cash, gold, diamonds, coke, something physical still had to be moved and delivered. We worked using secret contracts with several US and UK universities before the idea of cyber coins came up.

This was the true start of Bitcoin. If we could get the Russian and Chinese intelligence communities to agree we would then have a stable, untraceable method to transact business. If we could agree to the “Value” of cyber coins we could make our own clean clandestine currency.

The project kicked off as CCC (Clean Clandestine Currency) - but no one wanted to invest in a valueless currency that was only as valuable as the trust we had in each other. This coupled with the issue that to use the currency to purchase anything outside of our control we would still have to convert it into cash or gold/diamonds at some point in time was problematic to say the least.

We were told to abandon the project by our superiors. Of course we didn’t.

One of my partners, named Woolworth, came up with the idea of using some of our Swiss holdings to “Prime the pump” for CCC - for public use. The idea was simple - and brilliant at the same time.

We would launch CCC as Bitcoin - almost valueless. 2008 was the go-live. We would use various accounts and shell companies (As well as computers from around the US and UK) to fund the project. We traded the coins, back and forth amongst ourselves, driving the price up, then crashing the market, over and over - and over. We mined using our own computing power as well as other persons we knew. We hid banks of processors in CIA and MI6 safehouses.

Manipulating prices and pumping funds into the project was the priority. The mining was to show activity and to convince others to mine as well.

By the time 2009 rolled around we had drained tens of millions from agency Swiss bank accounts. When the Swiss banking authorities began providing access to US regulators in 2009 our group’s cash was already withdrawn and working in the Bitcoin project. The only agents that could “Burn” us were caught up in the release of documents and had to go into hiding.

Our social psychologist, named Conseco (One of the largest bankruptcies in US history - She thinks pretty highly of herself!) told us to expect a 10 year plan. 10 years +/- 6 months. The plan, she said, would be self sufficient after the first 2.5 years, but would have to run its own course after that. This was due to the theory that individuals could mine it themselves and create value - and would get addicted to making something from nothing. Good publicity and Moore’s law would do the rest. Our financial expert, named Worldcom, agreed that after 2-3 years of priming the currency would take on a life of its own. Both agreed that in roughly 10 years the currency would reach critical mass and either explode, or skyrocket.

We began to plan our orderly exit. Handing control over to persons and organizations in the technology sphere - completely unrelated at all to any intelligence agency. I timed my retirement and pension to my exit date from the Bitcoin project. I still had a few million in savings and planned to enjoy my retirement whether or not the project skyrocketed, or exploded.

10 years was not a good prediction on my colleagues' part. It was a spectacular FACT. The price steadily bounced around from 2008 until late 2017 when it started to climb and in 2018 the first major spike happened. 8 tenths of a cent in 2018 had just swelled to over $14,000!

Each of us walked away from the project in late 2010 early 2011 with 2.5 million Bitcoin each. Today that is worth $105 billion each (If we didn’t sell any). Now, of course, I’ve sold some. I won’t say how much nor will I say how much I traded them in for.

I will say - you’ll never find us. I answered this interview request to put the CIA and MI6 under a spotlight. They have been searching for us for a while, now this is out in the open. Perhaps the regulators and other governmental agencies will come down on them to stop them for whatever laundering activities they are still doing. Your publication of this email should cause them to leave us alone, at least for a while. This email did not come from my computer, so don’t bother looking. I didn’t sent it from any normal location (Library etc…) so don’t bother looking. Even more to the point - with the money we have - and our experiences - we can do many things.

Even the best hit team on earth doesn’t cost $105 billion. You, and anyone else looking would do well to remember this.

Mystery solved.