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For anyone not familiar... Here's a quick rundown of my understanding of the situation. Craig Wright has been claiming to be Satoshi Nakamoto, the pseudonym of
by 300bps 6y ago
For anyone not familiar... Here's a quick rundown of my understanding of the situation. Craig Wright has been claiming to be Satoshi Nakamoto, the pseudonym of the person/people that wrote the original Bitcoin whitepaper. To my knowledge he hasn't done anything to definitively prove his claim and has come up with a number of explanations as to why he can't prove it. One explanation he's offered is that he put the private keys to his hoard of BTC in a trust and that the trust didn't give him access until a certain date. Multiple dates he's said have come and gone with no significant developments.
He's been spending most of his time promoting BSV (Bitcoin Satoshi Vision) which is a hard fork of BCH (Bitcoin Cash) which is a hard fork of original Bitcoin (BTC). The main purpose of BSV is to support fast, cheap microtransactions. Essentially, pay someone $0.00001 for reading their web content or watching their video instead of watching an ad. He's also been filing a ton of patents and sending threatening letters to people demanding they take down "his" Bitcoin whitepaper from their website.
One reason all this matters is BSV may be extremely undervalued if he is really Satoshi ($204 per coin vs BTC $49,767).
- jcpham2 6y agoPretty on point except everyone is tired of his stupidity at this point. His opinion is that BTC (the original) is not Bitcoin, but his twice forked shitcoin is the really real actual bitcoin.